Loan week, November 6-12

A roundup of the latest syndicated loan market news.


Myer Holdings has successfully secured a A$625 million three-year loan on a club basis via mandated lead arrangers ANZ, Commonwealth Bank of Australia, Mizuho Corporate Bank, National Australia Bank, Sumitomo Mitsui Banking Corp Sydney and Westpac.

The deal is split into a A$425 million term loan and a A$200 million revolver that both feature a margin of 275bp over BBSY.

Proceeds are to refinance a facility supporting the NewBridge Capital-led leveraged buyout of Myer Group in...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: loan week | dealogic

Print Edition

FinanceAsia Print Edition