The supervisory board of ABN AMRO intends to appoint Ferdinand Vaandrager CFO and member of the executive board for a period of four years, ending at the closing of the company’s annual general meeting in 2027.
ABN AMRO intends to appoint Annerie Vreugdenhil chief commercial officer of personal and business banking and a member of the executive board for a period of four years beginning on March 1, 2022.
ABN AMRO and Société Générale acted as coordinators on a €1 billion ($1.2 billion) sustainability-linked revolving credit facility for Ahold Delhaize, a Netherlands-based retail company.
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).
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.
Deutsche Bank Direct Lending provided debt financing for the acquisition of Global Marine Group by an investment affiliate of J.F. Lehman & Company.
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.
Six One Commodities has signed a $100 million borrowing base facility. ABN AMRO Capital served as lead arranger and administrative agent.
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.
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.