loan-week-october-2430

Loan week, October 24-30

A roundup of the latest syndicated loan market news.
Australia

The A$195 million fundraising for AlintaGas Networks has been completed on a club basis via mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Oversea-Chinese Banking Corp, Royal Bank of Scotland and Westpac.

The debt package comprises a A$120 million three-year credit, a A$55 million three-year term loan and a A$20 million one-year revolver.

Allocations saw Westpac commit A$70 million, while Bank of Tokyo-Mitsubishi UFJ provided A$50 million. Oversea-Chinese Banking Corp and Royal Bank of Scotland came in with A$50 million and A$45 million respectively.

Proceeds are to refinance an existing debt facility.

A A$422.5 million extension facility for Fairfax Media was signed on October 29 via sole lead arranger and bookrunner Commonwealth Bank...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222