A A$518 million facility for BBI AET D Holdings No. 2, an SPV of Babcock and Brown Infrastructure, has been sealed as a club deal via a syndicate of seven banks.
The deal is split equally into two- and three-year term loans, paying a spread of 140bp and 160bp over BBSY respectively.
Final allocations saw the mandated leads lending A$74 million each.
Proceeds are to refinance an existing A$518 million acquisition bridge loan signed last August.
India
A $105 million six-year dual-tranche debt package for 3i Infotech has been signed oversubscribed via a consortium of five mandated arrangers on a club basis.
The loan comprises a $65 million senior portion and a $40...
¬ Haymarket Media Limited. All rights reserved.
