Australia
Emerald Grain Australia has inked a A$560 million revolver through sole bookrunner and mandated lead arranger NAB.
The debt package is split into a A$310 million one-year tranche and a A$250 million 1.5-year portion.
Syndication saw Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, HSBC, Rabobank, SMBC and Westpac join in as participants.
Proceeds are for working capital purposes.
Fortescue Metals Group has amended and extended a $5 billion term loan B through bookrunners and mandated lead arrangers Credit Suisse and JPMorgan.
The new facility is priced at 325bp over Libor with a 100bp Libor floor.
Proceeds are to refinance existing indebtedness.
Pacific Brands Holdings has completed a A$250 million revolver via joint bookrunners NAB and Westpac.
The loan is evenly split into a A$125 million three-year tranche and a A$125 million five-year portion.
During syndication, NAB took A$88 million while Westpac held A$70 million. Participants ANZ and HSBC rounded up the group with A$63 million and A$30 million respectively.
Proceeds are to refinance existing indebtedness.
Hong Kong
Haier International (HK) has obtained a $245 million three-year facility through bookrunners and mandated lead arrangers Commerzbank and RBS.
The debt package comprises of a $123 million term loan and a $123 million revolver.
Syndication saw Aozora Asia Pacific Finance, Bank of Tokyo-Mitsubishi UFJ, Chang Hwa Commercial Bank, CTBC Bank, First commercial Bank, Hua Nan Commercial Bank, ICBC (Asia) and SMBC join in as lead arrangers.
Proceeds are for working capital purposes.
India
Indian Oil Corp has sealed a $500 million three-year term loan through joint bookrunners and mandated lead arrangers Mizuho, SMBC and State Bank of India.
The facility is fully underwritten by the lead arrangers.
Final allocations saw State Bank of India take $242 million while Mizuho and SMBC pledged $121 million apiece. Arranger Sumitomo Mitsui Trust came in with $15 million to wrap up the syndication.
Proceeds are for working capital purposes.
JBF Petrochemicals has obtained a $416 million 11-year term loan through sole bookrunner IDBI Bank.
The facility is underwritten by the lead.
Final allocations saw the lead provides $256 million while participant Export-Import Bank of India contributed $60 million. Bank of Baroda and Indian Overseas Bank rounded-up the syndication by lending $50 million each.
Reliance Industries has signed a $1.8 billion loan package through joint bookrunners ANZ, BNP Paribas, Bank of America Merrill Lynch, Bank of Nova Scotia, Bank of Tokyo-Mitsubishi UFJ, Barclays, Citi, Commonwealth Bank of Australia, Credit Agricole, DBS, DNB Bank, HSBC, Mizuho, RBS, Standard Chartered, State Bank of India, SMBC, UOB and Westpac.
The facility consists of a $1.2 billion five-year term loan and $550 million six-year portion. The $1.2 billion tranche can be raised in US dollar or Singaporean dollar, Euro or Japanese Yen.
Syndication saw KfW join in as mandated lead arranger while 11 other banks joined in at lower tiers.
Proceeds are to repay existing indebtedness and for capital expenditure purposes.
Indonesia
Jakarta Lingkar Barat Satu has secured a IDR129.6 billion nine-year and six-month debt package through sole bookrunner and mandated lead arranger Bank Mandiri.
The financing consists of a IDR121.6 billion term loan and a IDR8.0 billion portion.
Final allocations saw the lead lends IDR69.6 billion while participants Bank DKI and Bank Pan Indonesia provided IDR30 billion each.
Proceeds are for the construction of access ramps and gates.
Taiwan
Boltun Corp has concluded a NT$1.8 billion loan package through joint bookrunners CTBC Bank, E.Sun Commercial Bank, Land Bank of Taiwan, Mega International Commercial Bank, Taipei Fubon Commercial Bank, Taishin International Bank and Taiwan Cooperative Bank.
The deal is split into s a NT$600 million three-year term loan, a NT$960 million three-year tranche and a NT$240 million one-year portion. The second tranche is a TWD/USD dual currency tranche.
Syndication saw 15 other banks joined in at lower tiers.
Proceeds are to repay existing indebtedness and for working capital purposes.
Joy Wealth Asia has signed a NT$2.1 billion seven-year term loan through joint bookrunners Bank SinoPac and Taishin International Bank.
The term loan is divided into a NT$1.6 billion tranche and a NT$476 million portion.
First Commercial Bank joined in as participants during syndication.
Proceeds are for land and construction financing purposes.
