Loan week, July 23-29

A roundup of the latest syndicated loan market news.

Australia

A A$250 million three-year revolver for SEEK was completed on July 23 via sole bookrunner and mandated lead arranger National Australia Bank.

Participants ANZ and Westpac gave A$60 million each, while Commonwealth Bank of Australia committed A$50 million.

Proceeds are for refinancing and expansion opportunities.

China

BQ China Investment's Rmb850 million three-year revolver was signed in early July via sole bookrunner and mandated lead arranger HSBC Shanghai.

Syndication saw Bank of Communications Shanghai, Industrial Commercial Bank of China Shanghai and Standard Chartered Bank China join at lower tiers.

Proceeds are to refinance an existing club loan facility.

Chongqing Changxing Cement, Guizhou Changxing Cement and Guanan Changxing Cement, subsidiaries...

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