Loan Week, April 15-20

A roundup of the latest syndicated loan market news.

Australia

SPI Australia Assets has completed a A$250 million dual-tranche seven-year facility on a club basis through mandated lead arrangers Credit Agricole, ING, OCBC and Westpac.

The deal is split equally into a term loan and a revolver. Proceeds are to refinance existing debt and for general corporate purposes.


China

Sumitomo Mitsui Finance Leasing China has obtained a Rmb550 million dual-tranche facility through sole bookrunner SMBC.

The deal consists of a Rmb300 million 1.5-year revolving credit and a Rmb250 million three-year term loan.

Bank of Communications came in as a mandated lead...

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