loan-week-april-713

Loan Week, April 7-13

A roundup of the latest syndicated loan market news.
Australia

Syndication of ConnectEast FinanceÆs A$2.1 billion 10 year facility has been completed via a total 21 banks. The facility was funded on December 21 last year.

Mandated arrangers ABN AMRO, BNP Paribas, BOS International, Commonwealth Bank of Australia and United Overseas Bank committed A$150 million apiece. National Australia Bank contributed A$100 million while Calyon and HypoVereinsbank pledged $80 million each.

Arrangers Royal Bank of Scotland and WestLB took A$140 million apiece, Societe Generale held A$130 million and ANZ Bank and KBC Bank lent A$100 million each.

Co-arrangers Allied Irish Bank, Depfa Bank and Oversea-Chinese Banking Corp lent A$75 million each while Banco Bilbao Vizcaya Argentaria held A$51 million.

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