Marlink Pulls JPMorgan-led $725MM Recap from Market

Reuters reported Norwegian satellite navigation group Marlink has withdrawn its €622 million ($725 million) dividend recapitalization loan.

ING, ABN Amro, Others Support DHT Refi

Crude oil tanker company DHT Holdings closed a $485 million secured credit facility agreement with a six-year tenor for the refinancing of its credit facility. ABN Amro increased the company’s revolver from $43.4 million to $57 million.

ING, Danske, Others Agree to Seadrill Restructuring Plan

Offshore oil rig driller Seadrill entered into a restructuring agreement with more than 97% of its secured bank lenders, approximately 40% of its bondholders and a consortium of investors led by its largest shareholder, Hemen Holding.

Rabobank, DNB, Others Provide $1.3B Revolver for Marine Harvest

Seafood company Marine Harvest closed a €1.206 billion ($1.3 billion) senior secured five-year multicurrency revolving credit facility with DNB, Nordea, ABN Amro, Rabobank, Danske Bank and SEB.

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.

Credit Agricole, Others Provide Hapaq-Lloyd $372MM Vessel Financing

Hapaq-Lloyd and a banking syndicate, led by Credit Agricole, DNB, HSBC and UniCredit, signed a $372 million facility agreement to finance five new vessels.

BNP Paribas, Citibank, Others Arrange Norsk Hydro Revolver

Norsk Hydro signed a $1.7 billion syndicated revolving multicurrency credit facility with a syndicate of 13 international banks, including BNP Paribas, Citibank and others.