loan-week-january-28

Loan week, January 2-8

A roundup of the latest syndicated loan market news.
Australia

Repayment of Oz MineralsÆ multi-tranche, dual currency facility has been extended until February 27. The existing lenders of the $420 million portion provided to Oxiana, one of the two predecessor companies of OZ Minerals, are ANZ, Bank of Scotland, BNP Paribas, Commonwealth Bank of Australia, National Australia Bank, Royal Bank of Scotland and UniCredit. A $140 million tranche was lent by ANZ and Royal Bank of Scotland while a A$250 million credit facility to Zinifex, the second predecessor, was solely provided by Societe Generale.

Proceeds are for refinancing and working capital purposes.

China

A $174 million one-and-a-half-year term loan for China Real Estate Opportunities has been withdrawn by the borrower. Credit Suisse...
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