loan-week-october-1622

Loan week, October 16-22

A roundup of the latest syndicated loan market news.

Australia

TRUenergy's A$350 million financing has been completed via bookrunners and mandated lead arrangers ANZ, Bank of China Hong Kong, National Australia Bank, Royal Bank of Scotland and Westpac. Banco Bilbao Vizcaya Argentaria is joining at a lower level.

Proceeds are to refinance the A$650 million three-year tranche of a A$1.6 billion deal maturing in August 2009 and to fund greenfield project developments in Australia.

Hong Kong

Fortune Real Estate Investment Trust's HK$3.1 billion transferable debt package was signed last week via bookrunners DBS Bank and Standard Chartered Bank.

The deal comprises a 10-month acquisition facility of HK$480 million, a four-year term loan of up to HK$2.8...

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