DBS Bank served as agent, as well as a mandated lead arranger, on an amendment and restatement to a credit facility for Marina Bay Sands (MBS), a subsidiary of Las Vegas Sands.
MUFG Leads $4.35B Petrobas Revolver
Petróleo Brasileiro entered into a $4.35 billion revolving credit facility with a syndicate of 17 banks. The Bank of Tokyo-Mitsubishi UFJ served as senior mandated lead arranger on the transaction.
Singtel Group Closes $2.94B Facilities With 12-Bank Group
Subsidiaries of Singapore Telecommunications Limited entered into agreements for total credit facilities of approximately S$4.1 billion ($2.94 billion) for general corporate purposes and refinancing of existing facilities. Bank of America, BNP Paribas and Citibank were part of 12-bank syndicate.
Standard Chartered Bank Provides $5 MM L/C to Azuri
Azuri Technologies has closed a $5 million financing facility with Standard Chartered Bank to support renewable energy in sub-Saharan Africa.
Wells Fargo Agents $800MM Oceaneering Facility Extension
Oceaneering extended the maturity on its $300 million term loan and $500 million revolving credit facility to October 25, 2020 and October 25, 2019 respectively. Wells Fargo was administrative agent for the transaction.
BofA Merrill Lynch, Citibank, Others Lead $219MM Revolver for Valmet
Bank of America Merrill Lynch, Citibank, Credit Agricole, Danske Bank, Nordea Bank, Skandinaviska Enskilda Banken and Standard Chartered Bank were lead arrangers and bookrunners for a new €200 million ($210 million) revolving credit facility for Valmet Oyj.
J.P. Morgan, Others Arrange $8B Vitol Facility
Vitol executed $8 billion in revolving credit facilities with a syndicate of 55 banks.