Australia
Boart Longyear has formally mandated bookrunners ANZ, Bank of America, BNP Paribas, Commonwealth Bank of Australia, National Australia Bank and Royal Bank of Scotland to arrange a refinancing to repay and extend existing debt facilities of up to A$850 million.
According to the borrower, the new facility will feature a reduced amount, extended tenor, increased pricing and amended financial covenants.
ElectraNet has successfully secured a A$200 million three-year bullet loan from a consortium of four domestic banks...