Loan Week, December 5-11

A roundup of the latest syndicated loan market news.

Australia

GrainCorp Operations has obtained a A$800 million one-year credit facility through sole bookrunner and mandated lead arranger Rabobank.

Syndication saw ANZ and NAB join in as arrangers.

Proceeds are for working capital.

China

China Overseas Land Investment has obtained a HK$14 billion term loan on a club basis through mandated lead arrangers Agricultural Bank of China, Bank of China, Bank of East Asia, China Construction Bank, DBS, Hang Seng Bank, HSBC, ICBC, OCBC Wing Hang Bank, OCBC, Shanghai Pudong Development Bank, SMBC and UOB.

The facility is...

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