Loan week, May 21-27

A roundup of the latest syndicated loan market news.

Australia

A A$240 million three-year credit facility has been inked for Macmahon Holdings via bookrunners and mandated lead arrangers Commonwealth Bank of Australia and HSBC.

Joining in as mandated lead arrangers were Caterpillar Finance, GE Capital Finance, Investec Bank and Sumitomo Mitsui Banking Corp while Chang Hwa Commercial Bank, CITIC Ka Wah Bank, First Commercial Bank and Taiwan Business Bank came in as lead arrangers.

The deal comprises a A$40 million working capital facility, a A$75 million bank guarantee facility and a A$125 million cash advance facility.

Proceeds are for capital expenditure, working capital purposes and to refinance existing indebtedness.

Hong Kong

Jade Mate sealed a HK$4.5 billion dual-tranche four-year club deal last...

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