Loan week, June 11-17

A roundup of the latest syndicated loan market news.

Australia

Vodafone Hutchison Australia VHA has recently secured a A$3.0 billion three-year term loan facility via 12 domestic and international banks. The deal was oversubscribed.

ANZ, Banco Santander, Bank of Scotland International, Banco Bilbao Vizcaya Argentaria, BNP Paribas, Commonwealth Bank of Australia, HSBC, ING Bank, Intesa Sanpaolo, National Australia Bank, Sumitomo Mitsui Banking Corp and Westpac Banking Corp joined in as mandated lead arrangers.

Proceeds are for refinancing and future expansion purposes.

China

Tibet Huatailong Mining Development sealed a Rmb750 million facility last week via Agricultural Bank of China, Bank of China Tibet branch and China Postal Savings Bank.

This is the first syndicated loan that has been signed in Tibet.

Proceeds are...

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