Citi Agents $850MM Revolver for Ardagh

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

Sutherland Appointed Head of ING Wholesale in Latin America

ING appointed Willem Sutherland head of ING Wholesale in Latin America, a region where ING has been active for more than 30 years.

ING Converts Revolver to Sustainable Loan for Wilmar

Wilmar International has partnered with ING to convert a portion of its existing bilateral, committed revolving credit facility of $150 million into a sustainability performance-linked loan.

ING, Kabbage Expand Small Business Lending into France & Italy

Kabbage and ING expanded their strategic partnership into France and Italy to provide small businesses with real-time access to working capital.

Barclays, JPMorgan, Others Lead Olam $1.75B Revolver

Olam International secured a revolving credit facility $1.75 billion. Olam Treasury, a 100%-owned subsidiary of Olam, is a co-borrower.

Deutsche Hires Duynstee to Lead Benelux Corporate Finance

Reuters reported that Deutsche Bank hired Maurits Duynstee to lead its corporate finance team in the Benelux region.

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.

ING Agents Medley Capital Facility Downsize

Medley Capital amended its senior secured credit facilities and completed a voluntary partial prepayment of the company’s term loan credit facility.

ING, Others Provide $460MM Facility to Capital Product Partners

Capital Product Partners entered into a new senior secured term loan facility for up to $460 million with ING Bank and HSH Nordbank as mandated lead arrangers and bookrunners.

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.