Loan Week

Loan Week, June 30-July 7

A roundup of the latest syndicated loan market news.

Australia

Brookfield Capital Management’s A$525 million three-year facility was signed last Friday July 1 on a club basis through joint mandated lead arrangers ANZ, ING and National Australia Bank.

Final allocations saw ING and National Australia Bank commit A$197 million each while ANZ gave A$131 million.

Proceeds are to refinance existing indebtedness and to support the borrower's purchase of two new properties.

CLP Australia Finance’s A$2.1 billion multi-tranche revolver was successfully completed last week through a consortium of 15 banks. The loan package is split into a three A$450 million tranches with tenors of three-year, four-year and five-year...

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