Australia syndicated loan volume at lowest YTD level since 2010
- CNOOC Curtis Funding No 2 has signed a $1.5 billion term loan through joint mandated lead arrangers Bank of China, China Construction Bank, China Development Bank, Citibank, Industrial Commercial Bank of China, OCBC, Standard Chartered Bank, Sumitomo Mitsui Banking Corp, and Westpac on a club basis. Proceeds are to refinance a $1.5 billion facility signed in June 2014.
- This is the largest Oil Gas sector loan signed in Australia in 2016 YTD, followed by Viva Energy’s $1.1 billion facility in April 2016, and CNOOC Curtis Funding No 2’s...
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