loan-week-july-1420

Loan Week, July 14-20

A roundup of the latest syndicated loan market news.
Australia

ANZ Investment Bank has funded a A$465 million multi-tranche facility for the Regis Group. The deal comprises a A$280 million five year credit, a A$140 million five year revolver, a A$35 million five year bullet and a A$10 million term portion.

The facility is expected to be launched into syndication at the end of the month. Proceeds are for working capital purposes.

Smorgon Steel GroupÆs A$320 million revolving credit facility has been completed via lead arrangers ANZ Investment Bank and National Australia Bank, with each taking commitments of A$40 million.

Joining as participants, Westpac committed A$100 million while Citi and HSBC provided A$50 million apiece. BNP Paribas ended up with A$40 million....
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