Loan week

A round up of the latest syndicated loan market news.
Australia

Australian Agricultural Company completed a A$291 million dual tranche financing earlier this month via joint arrangers ANZ Investment Bank and National Australia Bank. The facility was provided on a club basis with National Australia Bank lending A$126 million and ANZ providing A$97 million. Proceeds are to refinance a A$291 million facility signed in December 2004.

An A$850 million dual tranche refinancing for DCA Group was signed on March 28. Mandated arrangers ANZ Investment Bank and Westpac Banking Corp held A$200 million each.

Participating banks are Commonwealth Bank of Australia and National Australia Bank lending A$200 million apiece and Bank of Scotland contributing A$50 million. The loan comprises A$255 million three year and A$595 million...
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