ING Management signs A$1.6bn loan

02 Sep 2009

ING Management signed its A$1.63bn two year and four month term loan last week through bookrunners ANZ, Commonwealth Bank of Australia, Mizuho and Westpac.

 ANZ took a A$303.41m ticket; CBA lent A$189.33; ING pledged A$184.84m; Westpac committed A$170.72; Deutsche Bank and JPMorgan committed A$142m; Citi, OCBC, TD Securities and United Overseas Bank pledged A$94.67m each; Mizuho committed A$71 and Scotia Capital A$47.33m.

The proceeds for the investment management services company will refinance ...

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