An A$810 million five-year multi-tranche loan for Battleship Borrower has been inked via bookrunners and mandated leads HSBC and National Australia Bank
Battleship Borrower is the borrowing entity for Citi Infrastructure Investors (CII) The facility is split into a A$530 million acquisition term loan, a A$250 million term loan and a A$30 million revolver
Syndication saw ANZ, Commonwealth Bank of Australia and Westpac join as mandated lead arrangers while Banco Santander and Credit Agricole came in as participants
Proceeds are to support the acquisition of DP World, as well as for capital expenditure and working capital requirements
Bluescope Steel’s A$1 4 billion dual-tranche refinancing has...