Loan Week, March 14-20

A roundup of the latest syndicated loan market news.

Australia

Newcastle Coal Infrastructure Group NCIG has obtained a $1.7 billion facility through underwriters and mandated lead arrangers ANZ, Commonwealth Bank of Australia and SMBC.

The debt package comprises a $141 million and a $634 million three-year tranche, a $564 million five-year portion and a $352 million seven-year tranche.

Proceeds are for project financing.

China

China Lesso Group has concluded a $135 million three-year term loan through joint bookrunners CTBC Bank and Taipei Fubon Commercial Bank.

This is a debut credit facility for the borrower.

Syndication saw Bank of Taiwan,...

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