loan-week-march-1319

Loan week, March 13-19

A roundup of the latest syndicated loan market news.

Australia

ElectraNet's A$180 million three-year dual tranche facility has been signed via Commonwealth Bank of Australia and Westpac on a club basis.

The debt package is split into A$120 million and A$60 million revolving credits, with the leads committing A$90 million apiece.

Proceeds are to refinance a A$200 million multi-tranche facility signed in June 2006.

A A$240 million three-year club deal for Spotless Group was inked last week via mandated lead arrangers ANZ, Commonwealth Bank of Australia and HSBC. The leads each provided A$80 million. Proceeds are for debt repayment purposes.

Willmott Forest has tapped the syndicated loan market via a A$135 million transaction that was upsized from A$100 million and signed...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222