Loan Week, Aug 4 - Aug 10

A round up of the latest syndicated loan market news.


The A$1.445 billion fundraising for Brambles Industries saw 10 banks join in senior syndication. Joining as sub-underwriters are BNP Paribas, Calyon, Commonwealth Bank of Australia, GE, Hypovereinsbank, Mizuho Corporate Bank, National Australia Bank, Royal Bank of Scotland, SG and Westpac Banking Corp.

The six year facility comprises an A$1.004 billion term portion, an A$130 million revolver and an A$275 million capital expenditure tranche. Proceeds will be used to support the A$1.8 billion Kohlberg Kravis Roberts led leveraged buyout...

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