loan-week-august-1723

Loan Week, August 17-23

A roundup of the latest syndicated loan market news.
Australia

National Australia Bank has funded a A$108.5 million multi-tranche facility for On Site Rentals Access Holdings.

The five-year fundraising comprises a A$22.5 million five-year term loan, a A$46 million bullet loan, a A$15 million facility and two A$5 million portions.

It has been launched into general syndication, with National Australia Bank as the sole mandated arranger and bookrunner. Next Capital is the guarantor.

SPI Australia AssetsÆ A$6.2 billion one-year acquisition bridge loan has been completed as a club deal via a syndicate of nine banks.

Mandated arrangers joining with a contribution of A$712.5 million each were Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Commonwealth Bank of Australia, Fortis Project Finance, Morgan Stanley,...
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