Australia
Australian Education Trust has concluded a A$134 million two-year financing on a club basis through joint mandated lead arrangers ANZ and NAB. Both leads contributed equally to the facility.
Proceeds are for working capital, refinancing and general corporate purposes.
India
J Kumar Infraprojects secured a Rs6.5 billion loan package on Tuesday (February 12) through bookrunners and mandated lead arrangers Standard Chartered and Yes Bank.
The financing is split into a Rs3.3 billion five-year bank guarantee facility, a Rs2.2 billion five-year-and-nine-month term loan and a Rs1.1 billion one-year cash credit.
Final allocations saw Yes Bank contribute Rs3.8 billion while Standard Chartered provided Rs1.8 billion. Participant Bank of Maharashtra pledged Rs897 million to complete the syndication.
Proceeds are to finance the construction of two underground tunnels.
NVR Infrastructure and Services has obtained a Rs720 million 13.5-year term loan through sole bookrunner State Bank of India.
Final allocations saw the lead take Rs320 million while participants Vijaya Bank and State Bank of Patiala provided Rs225 million and Rs175 million, respectively.
Proceeds are to support the construction of a 10MW solar power plant located in Rajasthan, India.
New Zealand
SKYCity Entertainment Group has signed a NZ$200 million four-year revolver on a club basis through mandated lead arrangers ANZ, Bank of New Zealand, Commonwealth Bank of Australia and Westpac.
Final allocations saw the banks lend NZ$50 million each.
Proceeds are to repay existing indebtedness.
Taiwan
Golden Bridge (BVI) has signed an $87 million-equivalent dual-currency financing through bookrunners and mandated lead arrangers Mega International Commercial Bank and Taishin International Bank.
The three-year term loan consists of a $70 million tranche and a Rmb105 million portion.
Syndication saw E.Sun Commercial Bank, Hua Nan Commercial Bank, Jih Sun International Bank, Taiwan Business Bank and Yuanta Commercial Bank join in as participants.
Proceeds are for working capital purposes.
Thailand
AJ Technology has secured a Bt210 million nine-year and 10-month financing through sole bookrunner Kasikornbank.
Final allocations saw Kasikornbank and mandated lead arranger Krungthai Bank provide Bt105 million each.
Proceeds are to support the development of a solar power project in Thailand.
Tipayanarai has inked a Bt240 million nine-year-and-10-month term loan through sole bookrunner Kasikornbank.
Final allocations saw Kasikornbank and mandated lead Krungthai Bank contribute Bt120 million each.
Proceeds are to finance a solar power project in Thailand.
