Loan Week, October 24-30

A roundup of the latest syndicated loan market news.

Australia

Lend Lease Corp has completed a $375 million three-year bank guarantee facility through bookrunners and mandated lead arrangers Bank of America Merrill Lynch, Barclays and Standard Chartered.

Final allocations saw the leads commit $75 million each while ANZ, DBS and HSBC joined in with $50 million apiece as mandated lead arrangers.

Proceeds are for general corporate purposes.

China

Agile Property has amended and extended a $265 million one-year term loan through mandated lead arrangers Hang Seng Bank, HSBC and Standard Chartered.

The original $475 million facility was signed in April 2014.

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