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May 10 (Bloomberg) -- Ontario Teachers’ Pension Plan Board has completed the syndication of a A$465 million fully-secured five-year loan that supports its purchase of a 70% stake in Leighton Holdings’ NextGen telecommunications unit, according to two people familiar with the matter. * Lenders joining include Westpac, ANZ, CBA, Investec, ING

Bank, Export Development Canada, Bank of Nova Scotia, and

Siemens * Borrower: Ontario Teachers’ Pension Plan Board * Underwriters: HSBC, Macquarie and Morgan Stanley * Amount: A$465m * Tenor: 5 yrs * Loan type: A$120m amortizing term loan, A$220m bullet term

loan, A$100m bullet loan for capital expenditure and a A$25m

revolving facility * Margin: Starts at c. 425-450bps, based on leverage grid * Fees: 350bps to 370bps, depending on commitments * Financial close expected by end of May, said one of the

people * Status: Closed * Information from people familiar with the deal, who asked

not to be identified because the details are private NOTE: Leighton and Ontario agreed the NextGen sale for about A$620 million on March 28

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