Loan Week

Loan Week, May 31-June 6

A roundup of the latest syndicated loan market news.

 

Australia


Arrium has secured an $800 million revolver through bookrunners and mandated lead arrangers ANZ, BNP Paribas, Commonwealth Bank of Australia, ICBC, National Australia Bank, SMBC and Westpac.

The facility is split into a $533 million four-year tranche and a $267 million five-year portion.

Final allocations saw the leads provide $70 million each, while arranger Bank of Tokyo-Mitsubishi UFJ provided $64 million. BBVA, Bank of Communications and Mizuho provided $50 million each while lead manager HSBC pledged $40 million. Bank of Nova Scotia and Bank of China rounded up the syndicate with $39 million and $20...

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