The A$900 million multi-tranche facility for CSL has been completed via mandated arrangers Deutsche Bank and National Bank of Australia. The deal is split into an A$400 million facility and two A$250 million portions.
ANZ Investment Bank, BNP Paribas, Citigroup, Commonwealth Bank of Australia, Deutsche Bank, National Bank of Australia and Westpac made commitments of A$117 million each while HSBC put in A$81 million.
Proceeds are for general corporate purposes.
The A$145 million club facility for JB Hi-Fi Ltd has been completed via ANZ Investment Bank and Westpac. The deal carries a tenor of 2 years.
ANZ Investment Bank and Westpac contributed A$72.5 million apiece.
Proceeds are to refinance existing facilities and for acquisition purposes.
China
CSC Nanjing Tanker CorpÆs $181 million 12 year financing has been closed on a club basis via mandated arranger Calyon.
Bookrunners Calyon committed $40 million and Industrial & Commercial Bank of China contributed $61 million. Lead managers China Construction Bank pledged $30 million and Fortis Bank and Mizuho Corporate Bank A$25 million each.
Proceeds are to fund the purchase of 2 crude oil tankers.
Hong Kong
Cheung Kong FinanceÆs HK$6 billion five year revolver was signed on March 19 on a club basis via a syndicate of 12 banks.
Mandated arrangers Bank of China, Bank of Tokyo-Mitsubishi, Bayerische Landesbank, Calyon, Canadian Imperial Bank of Commerce, CCB International Finance, Citigroup, Fortis Bank, HSSBC, Hang Seng Bank, Mizuho Corporate Bank and Standard Chartered contributed HK$500 million apiece.
The deal carries a margin of 24bp over Hibor.
First CapitalÆs $300 million revolving credit was signed yesterday (March 22). A total of seven banks joined the facility. The deal carries a margin of 145bp over Libor and was pre-funded on January 30.
Mandated arrangers Banco De Oro Capital & Investment committed $60 million, Rizal Commerical Banking Corp contributed $55 million, Export Development Canada held $50 million while Calyon and Mizuho pledged $40 million. Metrobank Bank & Trust took $30 million and Sumitomo Mitsui Banking Corp ended up with $20 million.
Proceeds are to refinance the acquisition of 23 percent stake in Philippine Telecommunications Investment.
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