Northpoint Commercial Finance Names Director, Business Development
Northpoint Commercial Finance said Francois Veilleux joined the company as director, business development.
Northpoint Commercial Finance said Francois Veilleux joined the company as director, business development.
Olam International secured a $1 billion revolving credit and term loan facility arranged by a group of Singapore-based banks including JPMorgan Chase and Westpac Banking.
Allianz Real Estate announced Francois Trausch, formerly CEO Asia-Pacific of GE Capital Real Estate, was named the new chief executive officer.
Zeus Capital made a trio of hires in its Manchester office, appointing Alistair Donnelly and Jordan Warburton as executives in the firm’s corporate finance team, and Claire Duffy as research executive.
Atrium European Real Estate, an owner signed a new five-year unsecured revolving credit facility for a total of €125 million ($141.63 million) provided by a syndicate of ING Bank, Citibank and HSBC Bank.
Law firm Latham & Watkins noted in a report that the adoption of U.S.-style covenant-lite terms in Europe leveraged deals continues apace.
Supremex entered into a committed $50 million senior secured revolver with Bank of Montreal. The facility replaces an existing $15 million revolver and a $25 million term loan.
Energy trader Vitol announced the successful signing of its syndicated revolver totaling $8 billion with a 57-member bank group led by J.P. Morgan Europe as agent.
Advantex Marketing International renewed its $8.5 million credit facility with Accord Financial.
Hilco Industrial Acquisitions announced that due to closure, they have purchased assets formerly owned by Ford Motor Company vehicle operations in Genk, Belgium.