Noble Corporation closed a new $350 million secured term loan. According to an 8K, DNB Capital, JPMorgan Chase, Nykredit Bank, Clifford Capital, Barclays Bank, Danske Bank, HSBC Bank, Nordea Bank and Morgan Stanely Senior Funding are mandated lead arrangers.
UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit.
B&G Foods completed an amendment to its senior secured credit facility to temporarily increase the maximum consolidated leverage ratio permitted under the facility. According to an 8K filed with the SEC, Barclays Bank is the administrative and collateral agent for the facility.
FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.
Lucid Group entered into a credit agreement on June 9 with a syndicate of banks providing a secured asset-based revolving credit facility with an initial committed amount of up to $1 billion. Bank of America is the administrative agent and swingline lender.
StoneX Group agreed to amend its existing $401 million senior secured credit facility, extending the maturity through April 2025 and increasing the size of the facility to $475 million. Bank of America Merrill Lynch, Bank of Montreal and Capital One acted as joint lead arrangers on the credit facility
Excelerate Energy and Excelerate Energy Limited Partnership entered into a senior secured revolving credit facility. JPMorgan Chase Bank is acting as administrative agent for the facility.
Statkraft signed a five-year, $1.43 billion sustainability-linked syndicated revolving credit facility with two one-year extension options. DNB acted as sustainability coordinator and BNP Paribas acted as documentation agent for the facility.
Group 1 Automotive completed a $2 billion five-year revolving syndicated credit facility with 21 financial institutions, including U.S. Bank, Bank of America and JPMorgan Chase.
Olaplex, an indirect wholly owned subsidiary of Olaplex Holdings, completed a successful refinancing of its existing secured credit facility with a new credit agreement comprised of a $675 million senior secured term loan facility and a $150 million senior secured revolving credit facility.