BBP Finance Australia’s A$2.8 billion multi-tranche debt package has been completed via mandated lead arrangers ANZ, BNP Paribas, Commonwealth Bank of Australia, Dexia, HVB Australia, National Australia Bank, Natixis, Societe Generale, Suncorp-Metway and WestLB, with Mizuho Corporate Bank joining in as a participant.
The fundraising comprises A$1.6 billion and A$960 million term loans, a A$100 million working capital facility, an A$80 million letter of credit and a A$60 million portion.
Proceeds are to amend and refinance existing debt and for working capital purposes.
A A$188 million 2.75-year transaction for Dental Corp has been inked via sole mandated lead arranger and bookrunner National Australia Bank.
The deal is split...