Credit Suisse, ING Others Arrange BB Energy $245MM Revolver

Trading company BB Energy raised a $245 million revolving credit facility to refinance existing credit and for general corporate purposes.

ING Agents $745MM Sustainability Linked Facility for Gunvor

Gunvor Group closed an innovative $745 million secured borrowing base facility that includes performance commitments related to Gunvor’s sustainability targets.

ABN AMRO, ING, Others Lead Gunvor $1.39B Revolver

Gunvor has signed a $1.39 billion revolving credit facility with a group of lenders. ABN AMRO Bank, Credit Agricole, Credit Suisse DBS Bank, ING Bank, Natixis, Rabobank, Société Générale Corporate & Investment Banking, UBS Switzerland and UniCredit Bank were mandated to arrange the facility.

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.

Unicredit Completes $74.4MM Mercer International Facility

Mercer International acquired one of Germany’s largest sawmills for $55.1 million plus defined working capital of $6.5 million. It also replaced an existing working capital facility with a $74.4 million joint revolving credit facility from Unicredit Bank.

Unicredit, EBRD Extend Centerra Gold’s Öksüt Facility

Unicredit Bank and the European Bank for Reconstruction and Development extended Centerra Gold’s Turkish subsidiary to June 30, 2017 in order to access the project’s $150 million credit facility.

ING Agents $725MM Gunvor Facility

Gunvor closed a $725 million borrowing base facility, which will provide working capital for refining activities in the Amsterdam-Rotterdam-Antwerp region. ING was coordinator and the facility and security agent.

J.P. Morgan, Others Arrange $8B Vitol Facility

Vitol executed $8 billion in revolving credit facilities with a syndicate of 55 banks.