Loan Week

Loan Week, June 3-9

A roundup of the latest syndicated loan market news.

Australia

Echo Entertainment Finance successfully signed a A$960 million dual-tranche facility last Wednesday June 1 through joint bookrunners ANZ, Commonwealth Bank of Australia, National Australia Bank and UBS. The loan package is split evenly with tenors of three and five years respectively.

Syndication saw BNP Paribas and SMBC join in as mandated lead arrangers while Bank of Nova Scotia and United Overseas Bank came in as lead arrangers.

Proceeds are to support Tabcorp Holdings’ casino spin off.

Lend Lease Finance sealed a A$975 million multi-tranche facility last Thursday June 2 through joint bookrunners Commonwealth Bank of Australia and National...

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