The extension of a A$1.192 billion term loan for BlueScope Steel was completed on June 20 via Commonwealth Bank of Australia and Westpac. The A$91.67 million facility will be extended to December 2009, while the new maturity date of the A$550 million portion will be in December 2011. The remaining A$550 transaction is unchanged and will mature in December 2010.
Proceeds are for general corporate purposes.
Crown Group FinanceÆs A$600 million five-year dual-tranche credit was sealed on June 20 via mandated arrangers and bookrunners ANZ, Bank of America, Commonwealth Bank of Australia, Royal Bank of Scotland and Westpac.
The deal is split equally into a term loan and a revolver portion and...