loan-week-february-1521

Loan week, February 15-21

A roundup of the latest syndicated loan market news.
Australia

A A$574 million dual tranche financing for BBI DBCT Finance has been completed via mandated leads ANZ, Dresdner Bank and Westpac Banking Corporation.

The bullet loan is split equally into two A$287 million portions with tenors of three and five years respectively.

Final allocations saw Westpac Banking Corp provide A$219 million while Dresdner Bank took A$190 million. ANZ ended up with A$165 million.

The funds are to finance the A$1.1 billion Dalrymple Bay Coal Terminal project in Queensland, Australia.

Hastings Diversified Utilities Fund's A$370 million dual tranche fundraising has been inked via sole bookrunner Westpac Banking Corporation.

The loan comprises a A$250 million six-month loan and a A$120 million one-year revolver. Allocations saw...
¬ 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