loan-week-january-17

Loan week, January 1-7

A roundup of the latest syndicated loan market news.

Australia

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...

¬ Haymarket Media Limited. All rights reserved.

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