Loan Week, April 8-14

A roundup of the latest syndicated loan market news.

Australia

United Energy Distributionhas completed a A$500 million multi-tranche facility on a club basis through mandated leads ANZ, Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, National Australia Bank, Sumitomo Mitsui Banking Corp and Westpac.

The deal is split into a A$120 million seven-year loan, a A$120 million three-year facility and a A$260 million revolvers.

Final allocations saw ANZ and Westpac give A$110 million each while Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia and National Australia Bank lent A$80 million a piece. Sumitomo Mitsui Banking Corp took A$40 million.

Proceeds are to refinance a A$450 million...

¬ Haymarket Media Limited. All rights reserved.

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