Loan week, November 16-22
A roundup of the latest syndicated loan market news.
Retirement Villages AustraliaÆs SPV, Candlestick Bidco, has completed a A$755 million one-year three-tranche financing on a club basis via ANZ, National Australia Bank and Suncorp.
The loan comprises a A$650 million bridge facility, a A$100 million revolver and a A$5 million bank guarantee.
Allocations saw ANZ committing A$320 million while National Australia Bank held A$315 million. Suncorp joined the deal with a contribution of A$120 million.
Proceeds are to support the acquisition of the Zig Inge...
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