loan-week-october-1016

Loan week, October 10-16

A roundup of the latest syndicated loan market news.
Australia

Grain Pool's A$1.2 billion dual-tranche facility has been signed via mandated leads ANZ, Commonwealth Bank of Australia, National Australia Bank, Rabobank and Westpac.

The deal comprises a A$500 million two-year revolver and a A$748 million 364-day revolver.

Final allocations saw ANZ committing A$350 million. Commonwealth Bank of Australia and Rabobank joined in with A$300 million and A$298 million respectively, while National Australia Bank and Westpac contributed A$150 million apiece.

The funds are for general corporate purposes.

Paccar Financial PropertyÆs A$150 million three-year facility was signed on October 9 via sole mandated lead arranger and bookrunner BNP Paribas.

BNP Paribas and participants Bank of America and Westpac each committed A$50 million.

The...
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