Bloomberg News

Fraser and Neave Australian Unit Signs A$550 Million of Loans

September 30, 2011

Sept. 30 (Bloomberg) -- Fraser and Neave Ltd.’s unit in Australia signed A$550 million of loans, according to data compiled by Bloomberg.

Proceeds will be used for property development and Australia & New Zealand Banking Group Ltd. and Bank of Tokyo- Mitsubishi UFJ Ltd. help to arrange the financing, the data show. The four-part loan matures in September 2014, the data show.

To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net


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