Emeco’s A$450 million dual-tranche multi-currency revolver was signed last week via joint bookrunners and mandated leads
The deal is split into a A$300 million three-year tranche and a A$150 million five-year portion. The facility is also available in US dollars and Canadian dollars.
Syndication saw the leads contribute A$72 million each, while co-arrangers HSBC, Mizuho Corp and Royal Bank of
Proceeds are to refinance a A$595 million facility signed in 2008.
Talcher II Transmission’s Rs4.1 billion 15-year term loan has been pre-funded by sole underwriter IDFC.
Sponsored by Reliance Power Transmission, the facility will...