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 tranche facility will be repaid semi-annually.
Final allocations saw the lead give Rmb300 million while participant PingAn Bank joined in with Rmb150 million.
Proceeds are for property development purposes.
Hong Kong
Agile Property Holdings has completed a HK$5.7 billion three-year term loan through joint bookrunners and mandated lead arrangers Hang Seng Bank, HSBC and Standard Chartered.
Margin is 420bp over Hibor.
Final allocations saw HSBC provide HK$1.2 billion while Standard Chartered provided HK$858 million. Hang Seng Bank pledged HK$780 million while Bank of East Asia, ICBC and UBS joined in with HK$390 million each as mandated lead arrangers.
Bank of Communications came in with HK$400 million as lead arrangers while China Merchants Bank, Tai Fung Bank and Wing Lung Bank committed HK$300 million apiece. China Everbright Bank took HK$250 million while Fubon Commercial Bank concluded the syndicate with HK$100 million.
Proceeds are for general corporate purposes.
India
Reliance Industries has sealed a $200 million five-year financing though mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ and Mizuho on a club basis.
Final allocation saw Bank of Tokyo-Mitsubishi UFJ and Mizuho take $75 million apiece while ANZ lent $50 million.
Proceeds are for general corporate purposes.
New Zealand
Auckland Council has concluded a NZ$350 million three-year club term loan through joint mandated lead arrangers ANZ, Citi, Commonwealth Bank of Australia, HSBC, NAB and Westpac.
Proceeds are to refinance existing indebtedness.
Chorus has secured a NZ$250 million five-year and nine-month revolving credit facility through joint mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, HSBC and Westpac on a club basis.
Final allocations saw HSBC give NZ$70 million while the rest provided NZ$60 million each.
Proceeds are to refinance existing indebtedness.
Singapore
Taraville Pte has secured a S$695 million five-year and six-month loan package through sole bookrunner OCBC.
The financing consists of a S$535 million term loan and a S$160 million revolving credit facility.
Syndication saw Bank of China join in as participant.
Proceeds are for refinancing and general corporate purposes.
Taiwan
EDOM Technology has closed a NT$1.2 billion five-year loan package through sole bookrunner Taiwan Cooperative Bank.
The deal comprises a NT$800 million term loan and a NT$400 million revolving portion.
Final allocations saw the lead take NT$281 million while both mandated lead arrangers Bank of Taiwan and Chang Hwa Commercial Bank contributed NT$230 million each. Participants Hua Nan Commercial Bank, Land Bank of Taiwan and Mega International Commercial Bank rounded up the group with NT$153 million each.
Proceeds are to refinance an existing loan facility and for working capital purposes.
