Primary Health Care signed a A$1 billion financing last week through sole bookrunner National Australia Bank.
The debt package consists of a A$770 million three-year term loan, a A$150 million five-year bullet tranche and a A$100 million working capital facility.
Final allocation saw the sole lead take A$270 million while Bank of Scotland, Commonwealth Bank of Australia and Westpac came in as mandated lead arrangers with A$150 million each. Mizuho Corporate Bank gave A$100 million while Bank of Nova Scotia and SMBC lent A$75 million each. Deutsche Bank rounded up the syndicate with A$50 million.
Proceeds are to refinance an...