Loan Week, February 6-12

A roundup of the latest syndicated loan market news.

Australia

AGL Energy has sealed a A$410 million 6.5-year term loan though bookrunners and mandated lead arrangers Mizuho Bank and SMBC.

Syndication saw Bank of China, China Construction Bank, ICBC and Mega International Commercial Bank join in as lenders.

Proceeds are for refinancing purposes.

China

Hangzhou Hikvision Technology has inked a $120 million three-year term loan through bookrunners and mandated lead arrangers HSBC and Standard Chartered.

The financing is priced at 265bp over three-month Libor.

Syndication saw ANZ, Bank of Taiwan, Bank SinoPac, BNP Paribas, Chang Hwa Commercial Bank,...

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