loan-week-july-2531

Loan week, July 25-31

A roundup of the latest syndicated loan market news.
Australia

Bank of QueenslandÆs $295 million two-and-a-half year bullet facility was closed on July 18 and upsized from $200 million via mandated lead arrangers ABN AMRO, Chinatrust Commercial Bank, First Commercial Bank and Taiwan Cooperative Banking Corp.

The transaction is now undergoing documentation procedures and signing is targeted to take place in the second week of August.

A A$700 million multi-tranche debt package for Billabong International was sealed on July 17 via mandated leads Commonwealth Bank of Australia and Westpac.

The deal is split into a A$300 million two-year tranche, a A$300 million three-year portion and a A$100 million two-year credit solely provided by HSBC.

Syndication saw ANZ, Bank of America,...
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