Loan week, November 8-16

A roundup of the latest syndicated loan market news.

Australia

Macquarie GroupÆs A$9 billion multi-tranche fundraising was sealed on November 13 via a syndicate of 44 banks. The facility was heavily oversubscribed, and was upsized from A$8 billion. ABN AMRO, ANZ, Barclays Capital, Dresdner Kleinwort, HSBC, National Australia Bank, Royal Bank of Scotland, Westpac Banking Corp, Commonwealth Bank of Australia, JP Morgan and Merrill Lynch were the original mandated lead arrangers.

The facility was split into a A$1.6 billion 364 day standby facility, a A$2.4 billion...

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