loan-week-march-2430

Loan Week, March 24-30

A roundup of the latest syndicated loan market news.
Australia

Optus Financeæs A$700 million two year revolving credit has been completed on a club basis.

ABN AMRO, ANZ Bank, Barclays Bank, BNP Paribas, Citibank, Commonwealth Bank of Australia and Westpac committed A$100 million apiece.

Proceeds are for general corporate purposes. Signing took place on March 26.


Hong Kong

A $400 million five year term loan for Cathay Pacific Airways has been completed via a syndicate of 13 banks.

Arrangers Mizuho Corporate Bank and Sumitomo Mitsui Banking Corp committed $80 million apiece while DZ Bank held $44.5 million. Banco Bilbao Vizcaya Argentaria, BayernLB, KBC Bank, Mega International Commercial Bank and Maybank put in $26.5 million each.

Lead arrangers Chong Hing Bank...
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