Loan week, November 2-8
A roundup of the latest syndicated loan market news.
ABC Learning CentresÆ A$1.62 billion three-tranche debt package was launched into general syndication with a bank presentation held in Sydney on November 7 via lead arrangers ANZ, Commonwealth Bank of Australia, National Australia and Westpac.
The three bullet loan comprises a A$1.5 billion revolving cash advance facility, a A$60 million letter of credit facility and a A$60 million portion. The two A$60 million portions will not be syndicated with Westpac solely funding one portion and jointly providing...
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