Daily News: December 26, 2017

ING, Others Close $225MM Gerald Group Revolver


GISA Netherlands, a leading commodity trading company, received commitments from more than 15 banks to close its annual revolving credit facility for the eighth consecutive year. ING Bank led the revolver, along with a core group of lead arrangers including BNP Paribas, Credit Suisse, DBS and Deutsche Bank.

“We have successfully re-financed the RCF for the eighth consecutive year at pricing levels in line with 2016,” said Brendan Lynch, CFO of the Gerald Group. “We are grateful for the continued support of ING, who lead the 17 bank syndicate, and that the banking community has shown to the Gerald Group once again.”