Bradken Resources' dual currency financing has been signed via mandated lead arrangers and bookrunners Commonwealth Bank of Australia and Westpac.
The debt package was split into A$280 million, A$110 million, A$20 million and 18 million portions, of which the A$110 million tranche can be drawn in Australian dollars, pounds, New Zealand dollars or US dollars.
Commonwealth Bank of Australia contributed A$125 million and 6 million, while Westpac provided A$155 million and 6 million. Co-arranger HSBC took A$80 million and lead manager Bank of Scotland provided A$50 million and 6 million.
Proceeds are for general corporate purposes.
A A$570 million two-year bullet facility for Lend Lease Finance has been sealed via mandated lead arrangers...