A A$240 million dual-tranche facility for Alesco has been secured as a club deal through mandated lead arrangers ANZ, BNP Paribas, Commonwealth Bank of Australia and National Australia Bank.
The debt is split equally into two- and three-year tranches, priced at 345bp and 385bp over BBSY respectively.
Proceeds are to refinance existing bilateral loans.
A A$500 million three-year debt package for FBG Group has been two times oversubscribed and upsized from A$300 million via mandated lead arrangers and bookrunners ANZ, Bank of Tokyo-Mitsubishi UFJ and Commonwealth Bank of Australia.
The dual-tranche financing comprises a fully-drawn portion and a revolving credit in Australian and US dollar denominations.
Proceeds are for general corporate purposes....