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.
The supervisory board of ABN AMRO will nominate Henrietta Baldock for appointment to the supervisory board of ABN AMRO Group and ABN AMRO Bank.
Lonestar Resources US entered into a definitive amendment to expand the borrowing base under its senior secured credit facility from $112 million to $160 million, and has added JPMorgan Chase as a lender.
DryShips received a firm commitment for up to $150 million with ABN AMRO bank and Export-Import Bank of Korea to partly finance the delivery of four very large gas carriers.
Hafnia Tankers signed a $360 million credit facility with ABN AMRO Bank, Danish Ship Finance, Danske Bank and ING Bank acting as joint bookrunners and mandated lead arrangers.
Frontline Management signed a new $500 million senior secured term loan facility with a bank group led by DNB Bank as facility agent.
Major tanker owner Euronav signed a new $750 million senior secured amortizing revolver with a lender group led by Nordea Bank Norge as facility agent. The credit facility will be secured by 25 vessels.
ECOM Agroindustrial (ECOM) announced the launch of a $450 million syndicated revolving credit facility. ABN AMRO Bank and Société Générale will act as active bookrunning mandated lead arrangers.