loan-week-july-2430

Loan week, July 24-30

A roundup of the latest syndicated loan market news.

Australia

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....

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