loan-week-august-2228

Loan week, August 22-28

A roundup of the latest syndicated loan market news.
Australia

SPI Australia AssetsÆ A$150 million 364-day revolver was sealed last week on a club basis.

Allocations saw the mandated leads Commonwealth Bank of Australia and Westpac contributing A$75 million apiece. Proceeds are for general corporate purposes.

China

China Yurun Food GroupÆs HK$450 million three-year term loan was signed on August 25 via a consortium of four lead arrangers û Bank of Tokyo-Mitsubishi UFJ, Commerzbank, DBS Bank and Rabobank û as a club deal. The facility was increased from HK$400 million.

Allocations saw DBS Bank providing HK$150 million, while Bank of Tokyo-Mitsubishi UFJ, Commerzbank and Rabobank held HK$100 million each.

Proceeds are for capital expenditure and general...
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