loan-week-august-410

Loan Week, August 4-10

A roundup of the latest syndicated loan market news.
Australia

OneSteel Finance has obtained two separate facilities on a club basis via Commonwealth Bank of Australia and Westpac Banking Corp. The deals comprise a $900 million five year bullet loan and a A$325 million one year credit. Proceeds are for acquisition and refinancing purposes.

Hong Kong

COSCO-HIT Terminals Hong KongÆs HK$2 billion five year term facility has closed and allocations finalised via a syndicate of nine banks.

The financing, which was funded on July 10, was heavily oversubscribed and had to be scaled back as the borrower did not wish to upsize the amount.

Mandated arrangers Bank of China committed HK$1 billion while Hang Seng Bank provided HK$250...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222