Hazelwood Power Finance has successfully secured a A$742 million 2.5-year term loan via mandated lead arrangers ANZ, Bank of America, Bank of Tokyo-Mitsubishi UFJ, Bank West, BNP Paribas, BOS International, Credit Agricole, Credit Industriel et Commercial, DBS Bank, Dexia, Fortis, NordLB, Royal Bank of Scotland, Societe Generale, United Overseas Bank, WestLB and Westpac.
The club deal features a margin of 400bp. Proceeds are to refinance and restructure a dual-tranche financing signed in May 2002.
Morgan Stanley has been mandated by Haikou Meilan International Airport to arrange its maiden Rmb1 billion three-year term loan.
The borrower, a state-owned enterprise partly owned by HNA Group, ...