Australia
American Express Credit Corp successfully inked a A$4.5 billion multi-tranche revolver yesterday August 3 through joint bookrunners and mandated leads Citi, Commonwealth Bank of Australia, National Australia Bank and Westpac.
The facility comprises two A$2 billion portions maturing in three- and five-years respectively, and a A$500 million tranche with a five-year tenor.
Final allocations saw the leads pledge A$390 million each while co-arranger SMBC provided A$235 million. Co-arrangers ANZ, Bank of America, BNP Paribas, Credit Suisse, Deutsche Bank, J.P. Morgan, Lloyds TSB Bank, Mizuho, Royal Bank of Canada, Royal Bank of Scotland and UBS lent A$195 million each while lead managers Bank...
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