Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group, closed a $1.035 billion sustainability-linked, syndicated revolving credit facility. The borrower has further upsized the facility by $90 million via an accordion feature, bringing the total facility amount to $1.125 billion.
Mercuria Energy Trading closed $2.17 billion in multi-currency revolving credit facilities with a syndicate of lenders that included Bank of China, Coöperatieve Rabobank and Crédit Agricole.
The Financial Times reported that Chinese car maker FAW Group signed a $144 billion credit line with 16 banks, including China Construction Bank, Industrial and Commercial Bank of China, Bank of China and Agricultural Bank of China.
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.
Walt Disney Company entered into a new $2.5 billion 364-day credit agreement with a syndicate of lenders led by JPMorgan Chase and Citibank as co-administrative agents.