Loan Week

Loan Week, February 8-14

A roundup of the latest syndicated loan market news.

Australia


Australian Education Trust has concluded a A$134 million two-year financing on a club basis through joint mandated lead arrangers ANZ and NAB Both leads contributed equally to the facility

Proceeds are for working capital, refinancing and general corporate purposes

 

India


J Kumar Infraprojects secured a Rs6 5 billion loan package on Tuesday (February 12) through bookrunners and mandated lead arrangers Standard Chartered and Yes Bank

The financing is split into a Rs3 3 billion five-year bank guarantee facility, a Rs2 2 billion five-year-and-nine-month term loan and a Rs1 1 billion one-year cash credit

Final allocations saw Yes Bank contribute Rs3 8 billion while Standard Chartered provided Rs1 8 billion Participant Bank of Maharashtra pledged...

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