Loan

Loan Week, April 6-12

A roundup of the latest syndicated loan market news.

Australia

Adani Abbott Point Terminal has obtained a A$1.3 billion four-year, nine-month facility on a club basis through mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, Mizuho, NAB, OCBC, Standard Chartered and Westpac.

The transaction is split into a A$1.1 billion term loan, a A$75 million term loan, a A$50 million revolver and a A$15 million revolver.

Final allocations saw Commonwealth Bank of Australia lend A$350 million while NAB committed A$250 million. Westpac pledged A$225 million while Bank of Tokyo-Mitsubishi UFJ provided A$150 million. Mizuho and Standard Chartered contributed A$100 million each while OCBC ended up with A$75...

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