loan-week-august-1117

Loan Week, August 11-17

A roundup of the latest syndicated loan market news.
Australia

American Express Credit CorpÆs A$4.25 million five year revolver has been completed via mandated lead arrangers Citi and Westpac, with each contributing A$452.5 million. A total of 19 banks joined the facility.

Joining as lenders were Commonwealth Bank of Australia and National Australia Bank with holds of A$350 million apiece. Barclays Bank, ING Bank and Royal Bank of Scotland provided A$250 million each. ABN Amro, ANZ, BNP Paribas, Deutsche Bank and Mizuho Corporate Bank committed A$185 million apiece.

The rest of the lenders Bank of Tokyo-Mitsubishi UFJ, Credit Suisse, JP Morgan, Lloyds TSB Bank, Standard Chartered and Sumitomo Mitsui Banking Corp took A$145 million each, except for Toronto Dominion Bank which...
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