The A$2.4 billion multi-tranche credit for Australian Gas Light was signed on February 10. Mandated lead arrangers Commonwealth Bank of Australia committed A$321.38 million while Goldman Sachs did not provide any funds.
Joining as arrangers were Royal Bank of Scotland and Westpac Banking Corp with holds of A$209.39 million each, and ANZ Investment Bank, BNP Paribas, Mizuho Corporate Bank and National Australia Bank with A$167.51 million apiece.
Co-arrangers comprised SG Australia, Sumitomo Finance Asia and TD Securities with allotments of A$125.36 million each.
Lead managers ABN Amro, Bank of Tokyo-Mitsubishi UFJ, Calyon, Citigroup and HSBC lent A$104.7 million apiece, and BayernLB rounded up the group with A$89.41 million.