Mirvac Group Funding and Mirvac Group FinanceÆs A$2 billion dual tranche revolving credit was signed on June 2.
Mandated arrangers ANZ Investment Bank and Westpac held A$250 million each and Citigroup provided A$150 million. Co-arrangers Commonwealth Bank of Australia and ING Bank committed A$300 million apiece, RBS Australia contributed A$175 million, OCBC lent A$125 million, and Sumitomo Mitsui Banking Corp took A$100 million. Lead managers Bank of Tokyo-Mitsubishi UFJ and St George Bank provided A$100 million apiece while Calyon and BNP Paribas absorbed A$75 million each.
Proceeds are to refinance existing debt and for general corporate purposes. Mirvac is providing a guarantee. ANZ Investment Bank, Citigroup and Westpac also provided a A$1.2 billion one...
