loan-week-november-1622

Loan week, November 16-22

A roundup of the latest syndicated loan market news.
Australia

Retirement Villages AustraliaÆs SPV, Candlestick Bidco, has completed a A$755 million one-year three-tranche financing on a club basis via ANZ, National Australia Bank and Suncorp.

The loan comprises a A$650 million bridge facility, a A$100 million revolver and a A$5 million bank guarantee.

Allocations saw ANZ committing A$320 million while National Australia Bank held A$315 million. Suncorp joined the deal with a contribution of A$120 million.

Proceeds are to support the acquisition of the Zig Inge retirement village business.

Ironbridge CapitalÆs NZ$565 million leveraged buy-out facility to fund the acquisition of CanWest MediaWorks via SPV HT Media has been signed. The mandated leads and bookrunners were ABN AMRO...
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