OneSteel FinanceÆs A$1.1 billion five-year bullet facility has been completed via mandated lead arrangers Commonwealth Bank of Australia and Westpac with each holding A$120 million. The deal was well received and was increased from A$900 million.
Allocations saw all but one lead manager taking A$67.5 million apiece. These were ANZ, Bank of China, Bank of Tokyo-Mitsubishi UFJ, Banco Bilbao Vizcaya Argentaria, HSBC, Mizuho Corporate Bank, National Australia Bank, Oversea-Chinese Banking Corp, Scotiabank, Sumitomo-Mitsui Banking Corp, Toronto Dominion and WestLB. Bank of America joined with a take of A$50 million.
Sole lead arranger and bookrunner Citi completed a Rmb500 million three-year credit facility for China Taizinai Group...