Global Ship Lease has completed a new syndicated $268 million senior secured credit facility comprised of two tranches with major commercial lenders Credit Agricole, ABN AMRO Bank, CIT Bank, Hellenic Bank and Siemens Financial Services.
SunCoke Energy and certain of its wholly-owned subsidiaries amended their revolving credit agreement, which increased total borrowing capacity to $400 million and extended the maturity date to August 5, 2024.
The U.S. Bankruptcy Court approved Aegean Marine Petroleum’s restructuring support agreement and $535 million in DIP financing provided by two Mercuria Energy subsidiaries and agented by ABN AMRO.
Gunvor Group closed an innovative $745 million secured borrowing base facility that includes performance commitments related to Gunvor’s sustainability targets.
Wilmar International signed a $1.8 billion syndicated loan facility. DBS Bank, ABN AMRO Bank, Singapore Branch and BNP Paribas, among others, acted as mandated lead arrangers on the transaction.
Scorpio Bulkers received a commitment from ABN AMRO Bank and Norddeutsche Landesbank Girozentrale for a loan facility of up to $60 million.
Multi-metals business Nyrstar refinanced its existing €500 million ($592.38 million) multi-currency structured commodity trade finance facility due to expire in June 2019 with a one year runoff period starting in June 2018.
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.