Santander Leads $1.3B Term Loan for WEX
Santander acted as joint lead arranger and joint bookrunner for a $1.3 billion term loan B facility for WEX.
Santander acted as joint lead arranger and joint bookrunner for a $1.3 billion term loan B facility for WEX.
Monitor has learned from reliable industry sources that Santander Bank is planning to exit the equipment finance industry in the U.S., consistent with a similar shutdown of EFL in the UK.
Vishay Intertechnology has entered into a new $750 million credit facility. JPMorgan served as administrative agent.
Société Générale acted as lead mandated lead arranger on a €2.524 billion ($2.862 billion) financing package for MSC Cruises. The funds will be used to finance construction of three new vessels.
Emily Vaughan Alexanderson was tapped to lead a new banking group within Santander Bank’s Commercial Banking division that will focus on the needs of clients in the non-profit and educational industries, among others.
Santander Bank appointed Colleen Canny head of its Retail Network. Canny will oversee a network of more than 600 branches and 4,100 colleagues in an eight-state footprint.
Santander Bank named Seth Goodall as executive director, Corporate Social Responsibility. In this role, Goodall will be responsible for overseeing Santander’s Community Reinvestment Act activities and general corporate stewardship.
Santander Bank named David Harnisch head of Commercial Banking. Harnisch will succeed Robert Rubino, who recently left the bank.
Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.
Santander Bank expanded its Commercial Banking presence in the Southeast region and has named Fred Aldin market director for Southeast commercial banking to lead the expansion. Santander also named Alex Terzi head of Southeast foreign direct investment banking.