Loan Week

Loan Week, June 22-28

A roundup of the latest syndicated loan market news.

Australia

Charter Hall Funds Management as the responsible entity of Charter Hall Core Plus Office fund has secured a A$750 million facility on a club basis through mandated lead arrangers ANZ, Commonwealth Bank of Australia, NAB and Westpac.

The facility is split into a A$350 million three-year term loan, a A$250 million four-year term loan and a A$150 million revolver.

Final allocations saw the leads lend A$188 million each.

Proceeds are to refinance existing bilateral facilities, acquisition and development financing and for working capital purposes.

Mackay Sugar has obtained a $170 million-equivalent one-year facility on a club...

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