loan-week-july-21--28

Loan Week, July 21 - 28

A round up of the latest syndicated loan market news.
Australia

Incitec Pivot has successfully raised A$420 million $318 million from the market with a total of five banks participating in the deal. The lenders are Commonwealth Bank of Australia, which holds A$115 million, while National Australia Bank and Westpac joined with commitments of A$100 million apiece. Rabobank is providing A$65 million while ANZ is pledging A$50 million.


Hong Kong

The HK$2.5 billion $322 million fundraising for China Resources Land has been completed with nine banks participating. The facility carries a margin of 34bp over Hibor.

Mandated co-ordinating arrangers Bank of China Hong Kong took HK$450 million and four others û Calyon, DBS Bank, HSBC and Standard Chartered Hong Kong û joined with...
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