Loan week, March 26-31

A roundup of the latest syndicated loan market news.

Australia

McConnell Dowell Corp's A$400 million one-year revolving credit facility has been signed as a club deal via coordinating arrangers ANZ, Commonwealth Bank of Australia, Export Finance Insurance Corp EFIC and HSBC.

Proceeds are for refinancing and general corporate purposes.

Pact Group and Pact Group NZ's three- year debt package has been sealed on a club basis via mandated lead arrangers ANZ, Deutsche Bank, HSBC, J.P. Morgan, National Australia Bank and Westpac.

The revolver comprises a A$330 million tranche and a NZ$159 million portion.

Proceeds are for refinancing and acquisition purposes.

China

A Rmb2 billion three-year term loan for Hitachi Construction Machinery Leasing China has been completed...

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