Loan Week

Loan Week, September 14-20

A roundup of the latest syndicated loan market news.

Australia


Citipower has inked a A$335 million 3.5-year term loan through bookrunners and mandated lead arrangers Bank of China and Mizuho.

Final allocations saw Bank of China pledge A$150 million while Mizuho lent A$100 million. United Overseas Bank and Bank of Nova Scotia join in with A$43 million each.

Proceeds are for general corporate purposes.

Fortescue Metals Group has secured underwriting commitments of $4.5 billion from Credit Suisse and J.P. Morgan.

The secured facility has a five-year tenor and is going to be syndicated in the US in October.

Proceeds are to refinance the...

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