Sonic HealthcareÆs A$160 million three year revolving term loan was inked at the beginning of the month via mandated lead arrangers Commonwealth Bank of Australia and Westpac as a club deal.
Allocations saw the banks holding A$80 million apiece. The funds are for working capital purposes.
An $81 million-equivalent dual currency facility for SGIS Songshan has been completed via sole mandated arranger and bookrunner BNP Paribas.
The deal comprises a $41 million term loan, priced at 275bp over Libor and a RMB273 million portion paying a spread of 105% of the PBOC rate. Both tranches have a tenor of three years.
Final allocations in US dollar-equivalent saw BNP Paribas holding $10...