Loan week

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

A A$617 million 6-12 year loan for Loy Yang B has been completed. Mandated arrangers ANZ Investment Bank, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Commonwealth Bank of Australia and National Australia Bank provided the funds equally on a club basis. Proceeds are to refinance existing debt.


Hong Kong

China Travel International Investment HK has completed its HK$1.5 billion fundraising with a total of five banks participating. Mandated lead arranger Calyon held HK$850 million.

Joining as lead arrangers are Banca Intesa Hong Kong lending HK$250 million and BBVA and Fortis Bank contributing HK$200 million each.

Citic PacificÆs HK$7.2 billion dual tranche loan has reached financial close with...
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