Loan Week, August 16-22

A roundup of the latest syndicated loan market news.

Australia

Lend Lease Finance has obtained a A$1.5 billion revolver through bookrunners and mandated lead arrangers Commonwealth Bank of Australia, HSBC, NAB, RBS and Westpac.

The debt package comprises of a A$955 million one-year portion and a A$500 million one-year and four-month tranche.

Syndication saw Bank of Nova Scotia, Mizuho and SMBC join in as participants.

Proceeds are for working capital and general corporate purpose.

China

Dalian Huaxu Zhi Ye has signed a Rmb450 million five-year term loan through sole bookrunner and mandated lead arranger Bank of China.

The single...

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