Loan Week

Loan Week, May 20-26

A roundup of the latest syndicated loan market news.

Australia
Pacific Equity Partners Fund IV LP sealed an A$800 million multi-tranche facility on a club basis last Wednesday May 18 through mandated lead arrangers Citi and Commonwealth Bank of Australia.

The two-year loan consists of A$464 million, A$228 million, A$72 million and A$36 million revolvers. Proceeds are to refinance a A$400 million facility signed in July 2010 and for general corporate purposes.


China
TCC Chongqing Cement has secured a dual-tranche dual-currency facility through leads BNP Paribas, Bank of Communications and OCBC.

The facility comprises a Rmb163 million five-year tranche and a HK$120 million one-year portion. The...

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