Sky CityÆs NZ$500 million three year term facility was signed on June 16. Mandated arrangers ANZ Investment Bank, Bank of New Zealand and Commonwealth Bank of Australia contributed NZ$166.7 million apiece. Proceeds are to refinance existing debt.
Mandated arrangers Banc of America Securities Asia, Bank of Tokyo-Mitsubishi UFJ, Calyon, DBS Bank and ING Bank launched a $200 million dual tranche financing for Minmetals Capitals Securities on Monday.
The deal is split equally into a term loan and revolving credit, both with margins of 26bp over Libor. Banks have been invited to join on three levels. Co-arrangers committing $25 million or above gain an all-in of 31bp, arrangers providing $15...