loan-week-july-31aug-6

Loan week, July 31-Aug 6

A roundup of the latest syndicated loan market news.

Australia

A A$146 million multi-tranche credit facility for Genesis Care has been sealed via ANZ, Bank of Scotland, National Australia Bank and Westpac on a club basis.

The three-year stapled financing is divided into A$63 million, A$45 million and A$30 million term loans and an A$8 million revolving credit.

The leads each provided A$37 million. Proceeds are to support Advent Equity Partners' acquisition of a 30% stake in Genesis formerly known as Heart Care Group from I-Med formerly known as the DCA Group Network, which is owned by CVC Capital Partners.

TRUenergy's A$350 million three-year loan has been launched into syndication via mandated lead arrangers and bookrunners National Australia Bank, Royal Bank...

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