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...