Loan Week, June 8-15
A roundup of the latest syndicated loan market news.
BIS IndustriesÆ A$905 million multi tranche facility has been signed via mandated arrangers ANZ Investment Bank and Credit Suisse. A total of 24 undisclosed banks joined in syndication.
The six-year financing comprises a A$565 million bullet loan, a A$275 million term portion and a A$65 million revolver.
Proceeds are to refinance an existing A$1.69 billion Kohlberg Kravis Roberts Co KKR-led acquisition of BramblesÆ Cleanaway Australia and New Zealand. KKR sold the company to Transpacific Industries in May...
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