13 Banks to Lose Millions After Carillion Collapse

Reuters reported that British lenders, including Barclays, the Royal Bank of Scotland and Lloyds Banking Group, may lose hundreds of millions of pounds in outstanding loans following the collapse of UK-based Carillion, a facilities management and construction company.

Macquarie, Nomura Arrange $519MM Facility for Jackpotjoy

UK-based bingo operator Jackpotjoy has secured a £388.5 million ($519 million) senior secured term and revolving credit facility.

Citi, Mizuho Bank Lead Sasol Upsize to $3.9B

Sasol, a South African chemicals and energy company, increased its existing revolving credit facility from $1.5 billion to $3.9 billion.

BMO Provides $50MM Facility for Boston Pizza

As part of its internal reorganization plan, Canadian franchise Boston Pizza closed a $50 million credit facility with Bank of Montreal.

TD Bank Upsizes, Extends Badger Daylighting Facility

Badger Daylighting completed an extension of its syndicated revolving term credit facility with TD Bank as lead arranger, which increased commitments to C$145 million ($113.8 million).

CIBC Upsizes Carmanah Facility to $25MM

Carmanah Technologies amended its commitment letter from the Canadian Imperial Bank of Commerce, increasing the total to $25.5 million.

HSBC Upsizes Premier Technical Services Facility to $25.8MM

Premier Technical Services Group extended its banking facilities with HSBC, increasing commitments to $25.8 million.

RBC-led Syndicate Upsizes Cargojet Facility by $100MM

Cargojet amended its syndicated banking facility to increase its revolving credit facility from $175 million to $200 million and add a $75 million term loan facility. RBC led the bank syndicate for the transaction.

Credit Suisse, Deutsche, Goldman & UBS Mandated to Lead Nomad Refi

Nomad Foods launched a refinancing of its existing credit facility with two tranches of $500 million and $510 million term loans. Credit Suisse, Deutsche Bank, Goldman Sachs and UBS have been mandated to lead any financing.

Finacity Facilitates €18MM Trade Receivable Funding for Deoleo

Finacity facilitated an €18 million ($19.17 million) non-recourse trade receivable funding program for Deoleo, a global producer of olive oil.