Loan Week, July 8-14

A roundup of the latest syndicated loan market news.


Southern Cross Media Australia has successfully completed a A$765 million four-year multi-tranche facility through joint bookrunners ANZ, Commonwealth Bank of Australia and National Australia Bank. The transaction is fully underwritten by the joint bookrunners and general syndication was launched in March 2011.

Syndication saw GE Capital join as mandated lead arranger while SMBC and Natixis came in as lead arrangers.

Proceeds are to support the borrower’s acquisition...

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