Loan week, December 10-16

A roundup of the latest syndicated loan market news.

Australia

Amcor’s $1.9 billion multi-currency revolver was sealed earlier this month via joint bookrunners and mandated leads Commonwealth Bank of Australia, J.P. Morgan, National Australia Bank and Westpac.

The deal is split into a $740 million two-year revolver, a $740 million three-year facility and a $370 million four-year loan. The facility is also available in Australian dollars, euros, Canadian dollars, sterling, Swiss francs and Hong Kong dollars.

Syndication saw the leads pledge $150 million apiece. Arrangers ANZ, Bank of America Merrill Lynch, BBVA, BNP Paribas, Bank of Tokyo-Mitsubishi UFJ, Citi, Danske Bank, Deutsche Bank, HSBC and UBS came in with $125 million each.

Proceeds are to refinance existing indebtedness and for...

¬ 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