Loan Week, May 9-15

A roundup of the latest syndicated loan market news.

Hong Kong

A consortium consisting of Australian and Hong Kong borrowers, BALtrans Logistics, Toll Finance and Toll Global Forwarding Hong Kong have inked a HK$1.8 billion five-year revolving credit facility through mandated lead arrangers ANZ, Citi, Standard Chartered, SMBC and Westpac.

The facility is priced at a fixed rate of 1.2% p.a.

Proceeds are for debt repayment, working capital and general corporate purposes.

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