Loan Week

Loan Week, June 24-29

A roundup of the latest syndicated loan market news.

Australia

Adelaide Brighton’s A$400 million multi-tranche revolver was signed last Thursday June 23 on a club basis through Commonwealth Bank of Australia, National Australia Bank and Westpac.

Final allocations saw Westpac provide A$140 million while Commonwealth Bank of Australia and National Australia Bank committed A$130 million each. Proceeds are to refinance existing indebtedness.

A A$750 million three-year revolver for Gandel Bridge Finance has been completed on a club basis through a consortium of five mandated lead arrangers.

Final allocations saw Westpac contribute A$250 million while ANZ and Commonwealth Bank of Australia lent A$200 million and A$150 million respectively. National Australia...

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