Loan Week, January 9-15

A roundup of the latest syndicated loan market news.

Australia

Pyrenees Wind Energy Developments Pty Ltd has secured a A$277 million five-year term loan through bookrunners and mandated lead arrangers Credit Agricole, NAB and Westpac.

Proceeds are to refinance existing indebtedness.

China

Shanghai Jin Jiang International Hotels Group has obtained a $250 million three-year credit facility through bookrunners and mandated lead arrangers ANZ and Standard Chartered.

Final allocations saw Standard Chartered lend $75 million while ANZ committed $50 million. China Construction Bank, ICBC and Shanghai Pudong Development Bank came in with $42 million each as mandated lead arrangers.

Proceeds are for general corporate purposes....

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