The first Metal Steel sector deal signed in Australia in 2016 YTD
MMG has signed a $550 million term loan through joint mandated lead arrangers Bank of China and China Development Bank on a club basis. Proceeds are to support the financing of the development and construction of the Dugald River Project.
This is the only Metal Steel syndicated loan signed in Australia so far this year.
In Asia Pacific ex Japan, Metal Steel sector syndicated loan volume stands...