JPMorgan, Barclays Agent $1.4B Sustainable Facilities for CMS

CMS Energy and its primary subsidiary, Consumers Energy, completed the first syndicated sustainability-linked revolving credit facilities for a U.S. borrower. The aggregate $1.4 billion in new credit facilities will allow CMS to reduce its interest rate by meeting targets related to environmental sustainability.

Barclays Agents $350MM Facility for Keane

Keane Group entered into a new senior secured term loan facility in an initial aggregate principal amount of $350 million to refinance its existing term loan credit facility,

JPMorgan Agents Essent Group Upsize to $500MM

Essent Group increased its existing credit facility to $500 million from $375 million. JPMorgan served as administrative agent on the transaction.

Banks Line Up $20B Syndicate Launch Supporting Blackstone F&R Buy

Reuters reported a late summer closing date for Blackstone Group’s $20 billion acquisition of a majority stake in Thomson Reuters’ Financial and Risk unit. Bank of America Merrill Lynch, J.P. Morgan and Citigroup are leading the debt financing.

J.P. Morgan, Jefferies Lead Elysium $380MM Term Loan

Reuters reported UK mental healthcare facilities operator Elysium Healthcare has launched a £275 million ($380 million) term loan to refinance existing debt and fund acquisitions.

23 Banks Set to Join Syndicate for Blackstone’s TR Buy

Reuters reported that lead arrangers J.P. Morgan, Merrill Lynch and Citigroup have invited 23 banks to participate in the $13.5 equivalent loan facility to support Blackstone’s purchase of a majority stake in Thomson Reuters’ Financial and Risk unit.

J.P. Morgan, BofA, Citi Support Thomson Reuters/Blackstone Partnership

Thomson Reuters agreed to enter into a strategic partnership with Blackstone. As part of the transaction, Thomson Reuters will sell a 55% majority stake in its F&R business to private equity funds managed by Blackstone.

BofA Upsizes Keane ABL to $300MM

Keane Group amended its ABL facility with Bank of America serving as administrative agent, increasing the total availability to $300 million.

ING, J.P. Morgan, BofA Merrill Arrange $600MM Oaktree Revolver

Oaktree Specialty Lending entered into a new $600 million secured revolver. ING Capital, J.P. Morgan and Bank of America Merrill Lynch served as joint lead arrangers on the deal.

Citi Agents $850MM Revolver for Ardagh

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