Loan Week

Loan Week, July 27-August 2

A roundup of the latest syndicated loan market news.

Australia

Cheung Kong Infrastructure Finance Australia has sealed a A$260 million three-year term loan through bookrunners and mandated lead arrangers ANZ and Mizuho.

Final allocations saw Mizuho contribute A$185 million while ANZ lent A$60 million. Arrangers Tai Fung Bank and Chang Hwa Commercial Bank committed A$10 million and A$5 million, respectively.

Proceeds are to refinance existing indebtedness.

 


China

Inner Mongolia Huomei Hongjun Aluminium Electricity successfully signed a $77 million three-year pre-financing term loan through sole bookrunner BNP Paribas. The facility was oversubscribed and upsized from $70 million.

The fundraising consists...

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