loan-week-february-2228

Loan week, February 22-28

A roundup of the latest syndicated loan market news.
Australia

A $588.5 million multi-tranche financing for PaperlinX has been completed via mandated lead arrangers Commonwealth Bank of Australia and National Australia Bank.

The loan comprises a $262.2 million three-year bullet, a $75 million one-year credit and a $250.7 million revolver.

Final allocations saw Commonwealth Bank of Australia commit $189 million while National Australia Bank provided $163.4 million.

Lenders Westpac Banking Corp contributed $80 million while ANZ held $75 million. HSBC took $61.1 million while Deutsche Bank ended up with $20 million.

The funds are to refinance existing debt and for general corporate purposes.

China

Huawei-3Com HoldingsÆ $800 million dual tranche LBO financing led by ABN AMRO, Bank of China, Citi, HSBC...
¬ 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 subscription (2-5 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 subscription (2-5 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