ASIA-PACIFIC

摘要

Sime Darby is seeking a US$500m loan, with a maturity of three to five years, for Australian subsidiary hastings deerinc (Australia). The loan, led by Mizuho Bank and Westpac, is to be used for working capital and refinancing and will launch soon. Queensland-based Hastings Deering, which Sime Darby acquired in 1992, runs one of the largest Caterpillar dealer networks in the world. It obtained a multi-tranche revolving credit of A$435.05m (US$390m) in November 2012. ANZ and Westpac were mandated lead arrangers on that financing, which comprised a one-month tranche, three five-month tranches and one 12-month tranche.