Loan Week, March 5-11

A roundup of the latest syndicated loan market news.

Australia

A A$600 million revolving credit for Tatts Group has been wrapped up on a club basis via mandated lead arrangers ANZ, BNP Paribas, Commonwealth Bank of Australia, National Australia Bank, Royal Bank of Scotland and Westpac.

The deal is split into a A$300 million three-year facility and a A$300 million five-year bullet loan.

Proceeds are for acquisition purposes.

China

A Rmb680 million financing for Henan Jindadi Chemical Industry was signed in early March via sole mandated lead arranger and bookrunner China Construction Bank. Bank of China, Bank of Communications and China Merchants Bank joined in at lower tiers.

Proceeds are to support a Soda ash production project.

Sichuan Expressway has successfully secured a...

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