Credit Suisse, HSBC Lead CEVA Logistics Refi

CEVA Logistics launched a proposed refinancing of the majority of its existing debt facilities with the objective of achieving lower interest rates, longer maturities and enhanced liquidity to pursue its strategy. Credit Suisse and HSBC are acting as joint global coordinators across the refinancing.

Rabobank, Santander, Others Support Sainsbury Acquisition of Asda

Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).

Natixis, Others Fund $116MM Rémy Cointreau Facility

Cognac and spirits producer Rémy Cointreau signed a syndicated loan for €100 million ($116.572 million). Six banks funded the loan, including Natixis, Credit Agricole-CIB, Société Générale, HSBC, CIC and BNP Paribas.

HSBC Provides $19.768MM Revolver to St Austell Brewery

HSBC provided a £15 million ($19.768 million) revolving credit facility to help support St Austell Brewery’s ambitious acquisition strategy and grow the company’s pub estate.

HSBC, ING Execute L/C Via Blockchain for Cargill

HSBC and ING Bank successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform.

HSBC Leads $70MM Vertex Facility

Vertex Resource Group entered into an agreement with a syndicated group of senior lenders led by HSBC Bank Canada to provide the company with $70 million senior secured credit facilities for a three-year term.

Scotiabank Leads New AutoCanada Credit Facility

AutoCanada entered into a new credit agreement providing secured credit facilities of up to $1.08 billion, subject to certain conditions precedent to funding. Scotiabank led the facility, with CIBC, RBC, HSBC and ATB participating in the syndicate.

BofA Merrill Lynch, JPMorgan Lead $8B Coty Refi

According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.

BofA Agents New $350MM Credit Agreement for CSG Systems

CSG Systems replaced its credit agreement of February 2015 with a new $350 million agreement led by Bank of America as administrative agent.

BNP Paribas, GS, Others Lead Financing to Support MFG Buy

Clayton, Dubilier & Rice-backed Motor Fuel Group completed its acquisition of MRH, the UK’s largest petrol station and convenience retail operator. The transaction is valued at approximately £1.2 billion ($1.6686 billion).