RiverCity MotorwayÆs A$1.8 billion financing has been launched via mandated lead arrangers ABN AMRO, Calyon, HSBC, National Australia Bank and WestLB. The facility was fully underwritten in May 2006. Proceeds will be used to support the A$3.254 billion PPP project to develop the North-South Bypass tunnel in Brisbane.
Sole mandated lead arranger Standard Chartered has yet to close the books for Bangladesh PetroleumÆs $250 million financing. The one year facility saw a strong response in general syndication said bankers in the arranger group. Around 20 banks are said to be in the final stages of processing credit approvals.
Syndication of the A$193 million equivalent multi-tranche...