loan-week-march-39

Loan Week, March 3-9

A roundup of the latest syndicated loan market news.
Australia

Babcock Brown InternationalÆs A$2.35 billion three year revolving credit has been completed via mandated arranger BOS International. The facility was upsized from A$1.35 billion.

Participants are ANZ Bank, Bank of America, Bayerische Hypo-und Vereinsbank, BayernLB, BNP Paribas, Calyon, Citigroup, Commonwealth Bank of Australia, DBS Bank, Hypo Public Finance Bank, HSH Nordbank. Suncorp Metway, KfW, National Australia Bank, Oversea-Chinese Banking Corp, Societe Generale, United Overseas Bank, Westpac and WestLB.

Seven Media Group has successfully raised Ç1.53 billion from the market via a multi-tranche facility. The loan comprises Ç1.53 billion and Ç150 million portions with a spread of 237.5bp over BBSY and a Ç120 million six year financing that offers...
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