Loan Week, August 23-29

A roundup of the latest syndicated loan market news.

Australia

Acorn FM Trusco has secured a A$360 million three-year revolver through joint bookrunners NAB and Westpac.

Syndication saw Aozora Bank, Challenger Life, First Commercial Bank, H.E.S.T. Australia and RBC join in as participants.

Proceeds are for general corporate purposes.

Greensborough Hold TC has closed a A$234 million four-year deal through sole bookrunner Westpac.

The financing is split into a A$24 million revolver and a A$210 million term loan.

Syndication saw Deutsche Bank join in as participant.

Proceeds are for property acquisition purposes.

Hong Kong

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