JP Morgan Chase Bank served as issuing lender, joint lead arranger, joint bookrunner and the collateral and administrative agent on a $500 million asset-based revolving credit facility for NGL Energy Partners. The facility will be used to refinance existing debt.
INTL FCStone amended its existing $262 million senior secured credit facility, increasing the size of the facility to $350 million. Bank of America Merrill Lynch and Capital One acted as joint lead arrangers on the transaction.
Innospec announced successful closure on an amendment to its multi-currency revolving credit agreement with Barclays, Credit Suisse, Lloyds Bank, The Royal Bank of Scotland, U.S. Bank and Wells Fargo.
Consumer products company Jarden completed its acquisition of Waddington Group, which was partially financed with $900 million of secured terms loans provided by a lender group lead by Barclays Bank as administrative agent.
Seadrill Partners announced it upsized the proposed $1.7 billion term loan B announced to $1.8 billion, and the company will obtain a $100 million revolver.
Seadrill Partners announced its launching a proposed $1.7 billion senior secured term loan B and a $100 million first-out senior secured revolving loan. Deutsche Bank, others are acting as joint lead arrangers.