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.

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.

Axis Bank Provides $295MM Facility to Aster DM Healthcare

Aster DM Healthcare closed a $295 million, comprehensive group-wide credit facility with Axis Bank, replacing financing with its existing consortium of eight bankers.

ING Leads $115MM Financing for Vicentin

ING, the Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking closed a $115 million, five-year pre-export financing to Vicentin, one of Argentina’s largest agriculture exporters.

Sumitomo Mitsui Provides $35MM Canadian Solar Facility

Canadian Solar entered into a three-year credit agreement for ¥4 billion ($35 million) with Sumitomo Mitsui Finance and Leasing in order to expand solar energy project development in Japan.

Scipion Provides $2MM Facility to Goldplat

Gold Mineral Resources has closed a $2 million uncommitted, on-demand, revolving pre-export loan facility with Scipion Active Trading Fund arranged by Scipion Capital.

Barclays, Santander, Others Provide New $340MM Facility to SMS

Smart Metering Systems secured a new £280 million ($340 million) facility to fund growth from a group of banks, including Barclays, Santander UK and Bank of Scotland.

La Caisse Provides $90MM loan to Mont Sainte-Marguerite Wind Farm

Caisse de dépôt et de placement du Québec closed a $90 million term loan financing as part of the construction of the Mont Sainte-Marguerite wind farm project, located in the Chaudière-Appalaches region of Canada.

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.

SIB, LendingCrowd Form Alternative Lending Partnership

Alternative finance company LendingCrowd partnered with the Scottish Investment Bank in an initiative that will see £2.75 million ($3.36 million) invested in Scottish SMEs across the LendingCrowd platform.