Loan Week

Loan Week, May 27-June 2

A roundup of the latest syndicated loan market news.

Australia

Mandated lead arrangers, underwriters and bookrunners BNP Paribas and Commonwealth Bank of Australia are in the market with a $110 million 4 25-year borrowing base facility for Roc Oil (Finance)

Proceeds are to refinance existing debt facilities and to support the development of the Beibu Gulf Oilfield Closing is slated for the end of June


China

ICBC joined in as a joint mandated lead arranger in a Rmb3 3 billion loan for Hitachi Construction Machinery Leasing (China) on June 1 (Tuesday)

The loan, which was signed earlier in February this year, consisted of two revolvers for Rmb2 1 billion and Rmb200 million and a Rmb400 million term loan prior to ICBC’s joining ICBC has committed...

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