BNP Paribas-Led Group Refinances $1.75B Sustainability-Linked Revolver for Bunge

Bunge closed on the refinancing of its $1.75 billion, three-year revolving credit facility. BNP Paribas, Credit Agricole, ING Bank, Natixis and Sumitomo Mitsui Banking Corporation served as active bookrunners, mandated lead arrangers and coordinators on the transaction.

December 17, 2021 ANZ Banking Group | Banco Santander | Bank of China | Bank of Montreal | BNP Paribas | Bunge | Bunge Finance Europe B.V | Citibank | Credit Agricole Corporate and Investment Bank | Deutsche Bank | Industrial and Commercial Bank of China | ING Bank | John Neppl | Mizuho Bank | MUFG Bank | Natixis | Rabobank | Royal Bank of Canada | Standard Chartered Bank | Sumitomo Mitsui Banking Corporation | U.S. Bank | Wells Fargo Bank Ian Koplin

Santander, Citi, JPMorgan, Bank of Nova Scotia Provide $4B External Credit Loan to Ecopetrol

Colombia’s Ministry of Finance and Public Credit authorized Ecopetrol to enter into an external credit loan with international banks for up to $4 billion. The lenders under the credit facility are Banco Santander, Citibank, JPMorgan Chase Bank and the Bank of Nova Scotia.

August 16, 2021 Banco Santander | Citibank | Ecopetrol | Interconexión Eléctrica | JPMorgan Chase Bank | The Bank of Nova Scotia Ian Koplin

Crédit Agricole, HSBC, Natixis Provide $7.58B to Air France

Crédit Agricole, HSBC France and Natixis will serve as mandated lead arrangers and bookrunners for a €7 billion ($7.58 billion) financing arrangement for the Air France-KLM Group.

May 8, 2020 Air France-KLM Group | Banco Santander | BNP Paribas | Credit Agricole | Credit Industriel et Commercial | Crédit Lyonnais | Deutsche Bank | HSBC France | Natixis | Societe Generale Phil Neuffer

Daimler Signs $12.96B Loan Facility with BNP, Santander, Deutsche, JPMorgan

BNP, Banco Santander, Deutsche Bank and JPMorgan provided a €12 billion ($12.96 billion) loan facility agreement to Daimler.

April 6, 2020 Banco Santander | BNP | Daimler | Deutsche Bank | JPMorgan | Mercedes-Benz Phil Neuffer

BNY Mellon Agents $800MM Term Loan for Grupo Gerdau

Grupo Gerdau secured a $800 million credit facility. BNY Mellon served as administrative agent for the transaction.

November 4, 2019 Allende & Brea | Banco Bilbao Vizcaya Argentaria | Banco Santander | Beccar Varela | BNP Paribas | BNY Mellon | Citibank | Greenberg Traurig | Grupo Gerdau | HSBC Bank USA | JP Morgan Chase Bank | Mizuho Bank | New York Branch nadine

BofA Agents $1.45B Facility for Asbury Automotive Group

Asbury Automotive Group has amended its $1.45 billion, five-year syndicated senior credit facility with Bank of America serving as administrative agent.

September 26, 2019 Asbury Automotive Group | Banco Santander | Bank of America | JPMorgan | Mass Mutual Asset Finance | Mercedes-Benz Financial Services | Nissan Motor Acceptance | Toyota Motor Credit | wells fargo nadine

Santander Bank Adds Industry Veterans to ABL Team

Santander Bank has tapped Paul Cronin to lead its asset-based lending business in its Commercial Banking division. Arthur Pesavento will join the ABL group as senior vice president and business development officer.

August 14, 2019 Arthur A. Pesavento | Banco Santander | Paul Cronin nadine

Rabobank, Santander, Others Support Sainsbury Acquisition of Asda

Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).

July 5, 2018 ABN AMRO | Banco Santander | Bank of China | BNP Paribas | Credit Agricole CIB | Deutsche Bank | HSBC | Lloyds Bank | Morgan Stanley | MUFG | NatWest | Rabobank | Sainsbury’s | SMBC | UBS Amanda Koprowski

Citi, Goldman, Others Renew $1.27B Air France/KLM Facility

Air France and KLM Airlines renewed their joint €1.1 billion ($1.27 billion) revolving credit facility with a syndicate of 18 banks.

November 8, 2017 Air France | Banca Monte Paschi Belgio | Banco Sabadell | Banco Santander | Bank of China | Banque Fédérative Crédit Mutuel | BNP Paribas | CA CIB | Caisse d'Epargne Auvergne Limousin | Citi | Commerzbank | Credit Industriel et Commercial | Deutsche Bank | Goldman Sachs | HSBC France | KLM | Monte Paschi Banque Paris | Morgan Stanley | Natixis and Société Générale ABF Journal

WSJ: Big Banks Lose Nearly Half a Trillion Dollars in 2016

The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet.

July 11, 2016 Banco Santander | Bank of America | banks | Barclays | BNP Paribas | Citigroup | Credit Agricole | Credit Suisse | Deutsche Bank | Goldman Sachs | HSBC | Industrial and Commercial Bank of China and Mitsubishi UFJ Financial Group | JPMorgan Chase | Morgan Stanley | Royal Bank of Scotland | Societe Generale | Standard Chartered | UBS Group | UniCredit | wells fargo Rita Garwood