Loan Week

Loan Week, September 9-15

A roundup of the latest syndicated loan market news.

Australia

Sole bookrunner and mandated lead arranger ANZ has completed a A$386 million project financing facility for Meridian Wind Macarthur.

The facility will convert into a A$211 million eight-year term loan and a A$175 million 18-year term loan after construction is completed in February 2013.

Syndication saw Bank of Tokyo-Mitsubishi UFJ, Credit Industrial et Commercial, Eksport Kredit Fonden and National Australia Bank join in at lower levels.

Proceeds are to support the development of a 420MW Macarthur Wind Farm located in Victoria.

Pacific Hydro has concluded a A$282 million three-year dual-tranche facility on a club basis...

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