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.

Citi Appoints Harding-Jones to Head EMEA M&A, CIB

Citi added former UBS EMEA expert Alison Harding-Jones to the firm as head of EMEA M&A and vice chairman of EMEA Corporate and Investment Banking.

Barclays, Citi, Others Finance CD&R Waterworks Buy

Clayton, Dubilier & Rice closed an agreement with HD Supply Holding to acquire its Waterworks business unit for $2.5 billion. Through a carve-out transaction, Waterworks will become an independent company, wholly-owned by CD&R funds.

Citi Arranges $1.25B Digicel Upsize

Citi acted as left lead arranger on a transaction that increased Digicel Group’s loan facilities from $935 million to $1.255 billion.

ING Leads New $1.09B Sustainable Revolver for Royal Philips

Royal Philips signed an agreement with a consortium of 16 banks for a new €1 billion ($1.09 billion) revolving credit facility with an interest rate that will be dependent on the company’s year-on-year sustainability performance improvement.

BNP Paribas, Citi Others Arrange Millicom $600MM Revolver

Millicom International Cellular entered into a five-year $600 million revolving credit facility with a group of international and regional banks.

Bank of America Merrill Lynch, Citi Arrange Och-Ziff CLOs

Och-Ziff Loan Management closed nearly $1 billion in collateralized loan obligations, including a $409 million CLO arranged by Bank of America Merrill Lynch and the refinancing of a $583 million CLO placed by Citi.

Citi Names Lam Asia Pacific Business Development Head

Citi appointed Kevin Lam as Asia Pacific business development head between Citi’s Private Bank and Citi’s Corporate and Investment Bank, in addition to being COO of Hong Kong Corporate and Investment Banking.

BofA, Wells Fargo, Others Provide Financing to Support Symantec Buy

Symantec is acquiring LifeLock in a deal valued at $2.3 billion. The company will finance the transaction with cash and $750 million of new debt. Bank of America, Barclays, Citi, J.P. Morgan, Merrill Lynch and Wells Fargo provided debt financing commitments.

Citi to Sell Consumer Businesses in Brazil, Argentina and Colombia

Citi will sell its Consumer Banking operations in Brazil, Argentina and Colombia.