Loan Week, April 18-24

A roundup of the latest syndicated loan market news.

Australia

Southern Way Finance has inked a A$745 million five-year term loan on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, NAB, SMBC and Westpac.

Final allocations saw the arrangers commit A$124 million apiece.

Proceeds are to refinance existing indebtedness.

China

Coolpad Group has closed a $107 million three-year term loan through joint bookrunners CTBC Bank and UBS.

CTBC Bank acted as the security agent while Digital Technology was the guarantor.

Syndication saw Bank of East Asia, Chang Hwa Commercial...

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