Peters Ice Cream has signed a A$155 million five-year financing on a club-basis through mandated lead arrangers Barclays, GE Capital, Investec Bank, NAB and Westpac.
Proceeds are to support the LBO of Peters Ice Cream from Nestle Australia by Pacific Equity Partners.
Balkrishna Industries has secured a $100 million six-year term loan on a club-basis through mandated lead arrangers Barclays, Citi and DBS.
The facility is priced at 320bp over Libor. Syndication saw Standard Chartered come in as a participant.
Proceeds are for capital expenditure purposes....