Loan week, July 2-8

A roundup of the latest syndicated loan market news.

Australia

Pacific Equity Partners Fund IV's A$400 million 364-day revolver was signed as a club deal last Friday July 2 with two participating banks.

 Citibank Sydney gave A$250 million while Commonwealth Bank of Australia lent A$150 million.

 Proceeds are for general corporate purposes.

An A$500 million five year term loan for Transfield Services Infrastructure was completed on a club basis last Wednesday June 30 via seven banks.

The mandated leads for the facility were ANZ, Credit Agricole, Commonwealth Bank of Australia, National Australia Bank, Royal Bank of Canada, Royal Bank of Scotland and Westpac.

Proceeds are to support the development of wind farm projects in...

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