Loan Week

Loan Week, June 14-20

A roundup of the latest syndicated loan market news.

Australia


King Bid has secured a A$121 million five-year financing on a club basis through mandated lead arrangers Commonwealth Bank of Australia, GE Capital and Rabobank.

The debt package comprises a A$63 million term loan, a $51 million and a $7 million revolver.

Proceeds are to support the acquisition of Moraitis Group and Rennie Produce by CAAM.

NSW Ports Finance has inked a A$2 billion fundraising on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, CIBC, Credit Agricole, DBS, ING, ICBC, KDB, NAB and SMBC.

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