ABN AMRO Extends Payment Deferral Program to Credit Facilities of up to $55MM

ABN AMRO will extend its previously announced credit facility payment deferral program to commercial banking clients with a credit facility with a principal and/or a limit of up to €50 million ($55.05 million).

March 27, 2020 ABN AMRO | Daphne de Kluis Phil Neuffer

ABN AMRO Offers Credit Facility Payment Deferral Due to Coronavirus

ABN AMRO will be automatically deferring payments of interest and principal for six months for 55,000 commercial banking clients with a credit facility of up to €2.5 million, meaning interest and principal payments due in April through September will not be collected.

March 19, 2020 ABN AMRO | Kees van Dijkhuizen Phil Neuffer

Deutsche Bank Provides Debt Financing for J.F. Lehman Acquisition

Deutsche Bank Direct Lending provided debt financing for the acquisition of Global Marine Group by an investment affiliate of J.F. Lehman & Company.

March 10, 2020 ABN AMRO | Alex Harman | Blank Rome | Deutsche Bank | Global Marine Group | Hogan Lovells | Ian Douglas | J.F.Lehman & Company | Jones Day | Winchester Capital Phil Neuffer

SHIFTING WINDS: 2019 Year in Review

Tariffs, trade wars and economic uncertainty rippled through 2019. Hugh Larratt-Smith examines current economic trends and speaks to leading ABL lenders about the impact the winds of change are having on the industry.

December 18, 2019 ABN AMRO | Hilco Steambank nadine

ABN AMRO Agents $100MM Facility for Six One Commodities

Six One Commodities has signed a $100 million borrowing base facility. ABN AMRO Capital served as lead arranger and administrative agent.

May 31, 2019 ABN AMRO | Six One Commodities nadine

Rabobank, Others Renew Sucafina $300MM Sustainability Linked Facility

Global sustainable coffee company Sucafina and an 11-bank syndicate led by BNP Paribas with Rabobank, as sustainability agent, have renewed their sustainability linked syndicated borrowing base facility first established in 2017.

May 29, 2019 ABN AMRO | Banque Cantonale de Geneve | Banque Internationale de Commerce | BNP Paribas | Credit Suisse | HSBC France | ING | Natisix | Rabobank | Societe General | Sucafina | UBS Switzerland nadine

Credit Agricole, Others Finance $208.4MM Facility for Eagle Bulk

Eagle Bulk Ultraco, a wholly owned subsidiary of Eagle Bulk Shipping, closed on a new five-year senior secured facility totaling $208.4 million. Financing participants on the facility included ABN AMRO and Credit Agricole CIB.

January 29, 2019 ABN AMRO | Credit Agricole CIB | Danish Ship Finance | DNB Bank | Eagle Bulk Shipping | Eagle Bulk Ultraco | Nordea | Skandinaviska Enskilda Banken Amanda Koprowski

Court Approves Aegean Marine RSA, $535MM in DIP Financing

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.

January 16, 2019 ABN AMRO | ABN AMRO Bank | ABN Amro Capital | Aegean Marine Petroleum Network | Mercuria Energy Group | U.S. Bankruptcy Court | U.S. Bankruptcy Court for the Southern District of New York Amanda Koprowski

Wells Fargo, ABN AMRO Arrange $100MM Upsize for Goodnight Midstream

Goodnight Midstream expanded its revolving credit facility to $420 million from $320 million. ABN AMRO Capital USA and Wells Fargo served as joint lead arrangers on the transaction.

November 8, 2018 ABN AMRO | BOKF | Cadence Bank | Casey Lowary | Citizens Bank | East West Bank | Goodnight Midstream | Iberia Bank | Regions Bank | Texas Capital Bank | wells fargo Amanda Koprowski

ABN AMRO Launches Blockchain Pilot with Samsung SDS, Port of Rotterdam

ABN AMRO launched a new pilot in partnership with the Port of Rotterdam and Samsung SDS, Samsung’s logistics and IT division.

October 26, 2018 ABN AMRO ABF Journal