Loan week, May 28-June 3

A roundup of the latest syndicated loan market news.

Australia

Ageis Securitisation Nominees' A$237 million project financing has been inked via mandated lead arrangers Commonwealth Bank of Australia, WestLB and Bendigo Bank.

The five-year debt package comprises a A$222 million construction term loan, a A$13 million debt service reserve facility and a A$2 million revolving credit.

Proceeds are to finance the Ararat Prison Project.

DuluxGroup Finance's A$400 million dual-tranche fundraising has been signed on a club basis via mandated lead arrangers ANZ, Bank of Scotland International, Commonwealth Bank of Australia, HSBC, National Australia Bank, United Overseas Bank and Westpac.

The revolver is split into a A$300 million three-year portion and a A$100 million five-year tranche.

Proceeds are to...

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