Australia volumes slip; two big loans in China

Australia syndicated loan volume down 7% YoY

• Australian Registry Finance has signed an A$1.8 billion facility through joint mandated lead arrangers BNP Paribas, Bank of China, Bank of Nova Scotia, China Construction Bank, Commonwealth Bank of Australia, DBS, ING, Industrial Commercial Bank of China, National Australia Bank, Royal Bank of Canada, and Societe Generale on a club basis. Proceeds are to finance the A$2.6 billion acquisition of New South Wales' land registration agency Land Property Information.
•  Finance is the third largest sector for Australia loan volume with $2.3 billion borrowed in 2017 YTD, down 49% from...