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.

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