Barclays Arranges Tiene $300M Term Loan
Teine Energy obtained a $300 million senior secured second lien loan. Barclays served as the sole lead arranger and bookrunner.
Teine Energy obtained a $300 million senior secured second lien loan. Barclays served as the sole lead arranger and bookrunner.
NiSource said it closed on a combined $3.5 billion of revolving credit capacity in three, five-year facilities. According to the company’s 8-K filing, Barclays Bank served as administrative agent.
Barclays provided Kano with a $1 million credit facility to support increased stock demand in the run up to the Christmas period and beyond.
Bloomberg reported that Detroit won a commitment from Barclays for $275 million in financing to fund the city’s exit from bankruptcy.
National CineMedia announced it amended its existing credit facility and received new financing commitments to complete its merger with Screenvision. Barclays Bank served as administrative agent for the lender group.
OceanaGold said it completed a new $200 million revolving credit facility to replace existing facilities with a bank syndicate comprising Barclays, BNP Paribas, Citibank, HSBC and Nedbank Capital.
Southcross Energy announced it will combine with TexStar Midstream. Citi is serving as financial advisor to Southcross; Barclays, Evercore Partners and UBS Investment Bank are serving as financial advisors to TexStar.
Zayo Group announced it completed an amendment of its credit agreement, including a $275 million add-on to its term loan facility. Barclays, RBC Capital Markets and Morgan Stanley served as joint bookrunners.
Reuters reported that Ortho-Clinical Diagnostics, a unit of Johnson & Johnson, will launch a $2.525 billion senior secured credit facility to finance its acquisition by Carylyle Group.
SuperValu announced it completed the repricing, amendment and extension of its $1 billion asset-based revolver. Wells Fargo, U.S. Bank, Rabobank, Goldman Sachs, Credit Suisse, Morgan Stanley, Barclays and BofA Merrill acted as joint lead arrangers.