Loan week, December 7-13

A roundup of the latest syndicated loan market news.

Australia

A A$1.43 billion three-year bullet debt package for ABC Learning Centres has been completed via a syndicate of eight banks.

The loan comprises a A$1.31 billion credit and two A$60 million portions, of which one is solely funded by Westpac Banking Corp and the other is a letter of credit jointly provided by Commonwealth Bank of Australia and Westpac Banking Corp.

Final allocations saw leads Westpac committing A$300 million while Commonwealth Bank of Australia contributed A$280 million. ANZ took...

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