loan-week-may-1824

Loan Week, May 18-24

A roundup of the latest syndicated loan market news.
Australia

ANZ Investment Bank, Westpac and Toronto Dominion Bank have launched Australian Pacific TouringÆs A$1.8 billion dual-tranche facility into general syndication.

The deal is split equally into two tranches with tenors of three and five years.

Banks have been invited to join on two levels. Banks joining in with holds of A$125 million and above get the title of co-arranger and those committing between A$75 million and A$125 million will get the senior lead manager title.

The pricing for this facility, according to a banker, is in line with similar infrastructure deals in Australia.

The deadline for banks to respond is the end of June.

Bilfinger BergerÆs A$600 million three year revolver has...
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