loan-week-november-25december-1

Loan Week, November 25-December 1

A digest of the latest loan news.
Australia

Allco Finance Group's A$850 million three year revolver has been signed via a consortium of 11 banks. Mandated arrangers ABN Amro, Commonwealth Bank of Australia and Westpac lent A$200 million each, co-arranger St George Bank committed A$60 million while DBS Bank held A$51 million and BNP Paribas, JP Morgan, Oversea-Chinese Banking Corp, Mizuho Corporate Bank, Societe Generale and WestLB took A$44 million apiece.

The facility offers a margin of 80bp over the bank bill rate and a commitment fee of 40bp. Proceeds are for general corporate purposes.

Perpetual Trustees' A$185.5 million fundraising has been signed. A group of three banks are participating in the transaction. Sole mandated arranger Commonwealth Bank of Australia...
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