loan-week-january-30february-5

Loan week, January 30-February 5

A roundup of the latest syndicated loan market news.

Australia

A $65 million six month club facility for Redflex Traffic System has been completed via mandated leads Bank of Montreal and Commonwealth Bank of Australia.

Commonwealth Bank of Australia contributed $40 million while Bank of Montreal held $25 million.

Proceeds are for working capital purposes.

SPV Finance's A$390 million three year term loan has been signed as a club deal via a consortium of four mandated lead arrangers.

Final allocations saw Westpac and Commonwealth Bank of Australia committing A$180 million and A$110 million respectively, while ANZ and Banco Bilbao Vizcaya Argentaria provided A$50 million apiece.

Proceeds are to finance the privatization of the Cairns and Mackay airports in Queensland, Australia.

China

East Hope...

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