Loans week August 28-September 2

A roundup of the latest syndicated loan market news.

The largest Australia technology facility signed in 2015 YTD

SEEK has sealed a $653 million equivalent dual currency financing through joint bookrunners and mandated lead arrangers HSBC and NAB.

The revolver is split into an A$183 million two-year portion, an A$335 million three-year loan and a $273 million four-year tranche. Syndication saw ANZ and Westpac join in as mandated lead arrangers while Bank of Tokyo-Mitsubishi UFJ, CBA, SMBC and UOB completed the syndicate as co-arrangers.  Proceeds are for general corporate purposes.

The deal is the largest technology sector loan signed in Australia so far this year and brings total volume...

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