Loan Week, October 17-23

A roundup of the latest syndicated loan market news.

Australia

M2 Group has inked a A$363 million revolver through sole bookrunner and mandated lead arranger Commonwealth Bank of Australia.

The facility is split into a A$23 million two-year tranche, a A$70 million four-year portion and a A$270 million three-year facility.

Syndication saw ANZ, Goldman Sachs, HSBC, NAB, SMBC and Westpac join in as participants.

Proceeds are to refinance existing indebtedness.

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