BNP Paribas is serving as administrative agent for a $2.565 billion revolving bank facility for Freepoint Commodities. ABN AMRO Capital, Coöperatieve Rabobank, ING Bank and Société Générale are serving as co-syndication and co-documentation agents.
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.
Legacy Texas Bank led a bank group on an amendment to Vaquero Midstream’s revolving credit facility, increasing the size of the facility to $225 million and extending the facility commitment to December 2021.
TrailStone Group closed a $300 million revolving credit facility with BNP Paribas acting as sole lead arranger and bookrunner. The new facility refinances the company’s current $200 million revolver.
Société Générale acted as administrative agent on a $1.25 billion amended and restated revolving credit agreement for Cheniere Energy, a Houston-based energy company primarily engaged in LNG-related businesses.
Castleton Commodities International closed two credit facilities totaling $3.525 billion, including a committed borrowing base facility and a committed revolver. BNP Paribas and Citibank acted as administrative agents on the facilities.
Kingfisher Midstream entered into a $200 million senior secured revolving credit facility with ABN AMRO Capital USA as administrative agent, book runner and lead arranger.
Suncoke Energy Partners and certain subsidiaries entered into an amended credit facility with Bank of America as administrative agent, increasing available funds with a $285 million secured credit facility.
Gunvor USA completed a $500 million borrowing base credit facility, which will support the company’s newly established operations in the U.S. Rabobank served as administrative agent for the transaction.