loan-week-january-410

Loan week, January 4-10

A roundup of the latest syndicated loan market news.
Australia

A A$500 million five-year financing for Iluka Resources has been launched into syndication via mandated lead arrangers and bookrunners ABN AMRO and Westpac.

A roadshow is expected to be held next week in Perth. The target closing date is slated for the end of January.

A A$2.3 billion LBO facility for Ned Group Holdings closed senior syndication at the end of December via six original mandated arrangers who also funded the loan on January 8. ANZ, Westpac, Calyon, Sumitomo Mitsui Banking Corp, Mizuho Corporate Bank and ABN AMRO are the leads in the deal.

The financing is split between a A$2.2 billion six-year credit and a A$60 million bullet facility.

General syndication is...
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