Loans week March 13-19

A roundup of the latest syndicated loan market news.

Australia

ConnectEast Finance has inked a A$1 billion term loan through joint mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, CIBC, Commonwealth Bank of Australia, National Australia Bank and Westpac.

The loan package is split into a A$240 million three-year portion, a A$400 million four-year credit and a A$394 five-year tranche.

Proceeds are to support the construction of a toll road in Melbourne and refinancing purposes.

 

China

Hefei Poly Hezhu Real Estate has completed a Rmb470 million three-year term loan through sole bookrunner and mandated lead arranger Bank of China.

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