Loan Week, May 30-June 5

A roundup of the latest syndicated loan market news.

Australia

Cerise Global has completed a A$705 million three-year financing through mandated lead arrangers HSBC, ING and Westpac on a club basis.

The loan is guaranteed by Cheung Kong Infrastructure Holdings.

Proceeds are to support the A$4.1 billion acquisition of Envestra Ltd.

Perth Airport has secured a A$550 million revolver on a club basis through mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, NAB, RBC, SMBC and Westpac.

The debt package comprises a A$100 million three-year tranche and a A$450 million four-year portion.

Final allocations saw Commonwealth Bank...

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