Loan Week, July 7-13

A roundup of the latest syndicated loan market news.

Australia

APT PipelinesÆ A$2 billion dual tranche facility has been signed via a syndicate of 19 banks. The facility was oversubscribed and increased from A$1.8 billion. The deal was funded in June by mandated arrangers ANZ Investment Bank, Toronto-Dominion Bank and Westpac.

The deal is split equally into two A$1 billion revolvers with tenors of four and six years respectively.

ANZ Investment Bank, Toronto-Dominion Bank and Westpac committed A$170 million apiece while co-arrangers ABN AMRO and BNP Paribas contributed...

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