loan-week-june-9--june-16

Loan Week, June 9 - June 16

A round up of the latest syndicated loan market news.
Australia

ElectraNetÆs A$200 million multi-tranche fundraising was completed on a club basis via mandated arrangers Commonwealth Bank of Australia and Westpac. The credit comprises A$120 million and A$60 million revolving credits and a A$20 million guarantee facility. Proceeds are for capital expenditure requirements, working capital and standby liquidity.


China

China Shipping Container LinesÆ $300 million financing was inked on June 9 with a syndicate of 15 banks. Citigroup ran the books on a sole basis while mandated lead arrangers include Agricultural Bank of China, Bank of China Hong Kong, Bank of Communications Hong Kong, Bank of Nova Scotia, Bank of Tokyo-Mitsubishi UFJ, China Construction Bank Hong Kong, ING...
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