loan-week-december-915

Loan Week, December 9-15

A digest of the latest loan news.
Australia

ABC Learning CentresÆ A$1.7 billion six month financing was signed yesterday Thursday. Mandated arrangers Commonwealth Bank of Australia and Westpac took A$512.5 million apiece while Goldman Sachs JB Were and Bank of America Sydney held A$300 million each. Proceeds will be used for general corporate purposes.

Beach Petroleum and Delhi Petroleum have successfully raised A$650 million from the market. Commonwealth Bank of Australia is the sole mandated arranger and Societe Generale joined in syndication as a participant. The six month bridge facility will be used for acquisition purposes.

DCA GroupÆs A$1.4 billion multi-tranche loan has been launched into sub-underwriting via five mandated arrangers. The transaction is split into A$825 million, A$375...
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