Citi Agents $850MM Revolver for Ardagh

Ardagh Group closed on a five-year asset-based revolving credit facility of $850 million agented by Citi.

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.

Citi, Goldman, Others Renew $1.27B Air France/KLM Facility

Air France and KLM Airlines renewed their joint €1.1 billion ($1.27 billion) revolving credit facility with a syndicate of 18 banks.

Report: JPMorgan Most Popular Brand, U.S. Bank Most Loyal Customers

According to Brand Finance research, JPMorgan Chase was ranked as the most popular brand in the U.S. Wells Fargo was voted the least trusted bank.

Citi Names MacCanna, Demirel Co-Heads of EMEA Trade Business

Citi appointed Peadar MacCanna and Murat Demirel as Trade co-heads for its Treasury and Trade Solutions (TTS) business in EMEA. Based in London, Peadar and Murat will report to Ebru Pakcan, EMEA head of TTS, and John Ahearn, global trade head, TTS.

Barclays, UBS, Others Lead Stada $2.8B Buyout Financing

Reuters reported that Barclays, Nomura and UBS led the leveraged loan financing to support Bain Capital and Cinven’s buyout of German drug maker Stada.

Citi Names Brogdon, Cox Co-Heads of Energy A&D Team

Citi appointed Matthew Brogdon and Bruce Cox co-heads of the firm’s Energy Acquisitions & Divestitures Group. Both were once partners at Netherland, Sewell & Associates and began their careers as petroleum engineers with ExxonMobil.

Citi Names Paterson Global Head/Strategic Shareholder Advisory, M&A

Citi named Muir Paterson to the firm’s Corporate and Investment Banking division as global head of Strategic Shareholder Advisory in its M&A Group.

Citi, Santander, RBC Provide Construction Loan Facility to Alterra

Alterra Power completed its $287 million financing for the Flat Top wind project in Texas with affiliates of Citi, Santander and Royal Bank of Canada.

GE Energy Financial Secures Financing for Power Projects in Argentina

GE Energy Financial Services and UPF Energia Elctrica have secured $220 million of project financing for two jointly owned thermal power projects in Argentina. Citi, Credit Suisse and EDC led the financing.