Credit Suisse, ING Others Arrange BB Energy $245MM Revolver

Trading company BB Energy raised a $245 million revolving credit facility to refinance existing credit and for general corporate purposes.

Business Capital Provides Credit Facility to JUCY Group

Business Capital delivered financing to New Zealand-based car rental company JUCY Group. The new credit facility will fund JUCY’s strategic expansion plan, beginning with the purchase of additional vehicles.

Scotiabank, Mizuho to Provide $665MM LoC to Ecopetrol

Ecopetrol plans to sign a contingent line of credit for $665 million with Scotiabank ($430 million) and Mizuho Bank ($235 million) as part of its integral debt management strategy.

Deutsche, Others Upsize Ferrexpo Facility to $400MM

Ferrexpo increased its 2017 Pre-Export Finance credit facility from $195 million to $400 million and extended the tenor from three years to four years. Deutsche Bank and BNP Paribas arranged the transaction.

Goldman Sachs Leads $706.9MM Term Loans for Telenet

Telenet Group Holding successfully issued and priced an additional $475 million term loan, as wells as a €205 million term loan ($231.946 million).

Nordea, SEB to Provide $184MM Facility to Scorpio Bulkers

Scorpio Bulkers received a commitment from Nordea, New York branch, and Skandinaviska Enskilda Banken for a loan facility of up to $184 million.

Sprott to Provide $25MM Facility to Cardinal Resources

Sprott Private Resource Lending will provide a $25 million senior secured credit facility to Cardinal Resources, subject to certain documentation and other customary conditions.

ABN AMRO, NORD/LB to Provide $60MM Facility to Scorpio

Scorpio Bulkers received a commitment from ABN AMRO Bank and Norddeutsche Landesbank Girozentrale for a loan facility of up to $60 million.

White Oak Commits $118MM to British Steel

White Oak Asset Finance committed £90 million ($117.529 million) to British Steel. Proceeds from the financing will be used to provide working capital and fuel capital investment projects.

BPM Capital, Others Provide $5MM Facility to Algold

Algold Resources entered into a secured credit agreement for a $5 million short-term loan facility with a consortium of lenders, including BPM Capital, Downtown Special Situations, Delaware Street Capital Master Fund, Saiso Partners and Capital Drilling.