Tecnoglass increased the borrowing capacity under its committed line of credit from $50 million to $150 million and extended the maturity to the end of 2026. PNC Bank led the facility as administrative agent.
RigNet has successfully amended its senior secured credit facility with its existing bank group led by Bank of America as administrative agent.
Mexico’s Profluent Plastic Technologies closed a three-part syndicated loan for MXN1.14 billion ($61.1 million) from five lenders, led by the sole bookrunner BBVA.
Nordea acted as coordinating bookrunner and mandated lead arranger on two revolving credit facilities totaling €800 million ($872 million) for Metso.
BBVA has appointed Jesús Verdugo and Manuel Moure to its Business Development team in the U.S. Verdugo will serve as head of Strategy and Portfolio Management, while Moure is the head of Retail Customer Solutions Development.
Orvana Minerals closed a €6 million (approximately $6.84 million) credit facility through its wholly-owned subsidiary, OroValle Minerals. The facility was provided by BBVA, BANKIA and SABADELL.
BBVA Group named Javier Rodriguez Soler CEO for BBVA Compass and country manager for U.S. operations. Rodriguez Soler will take over the country manager role from Onur Genç, who was previously appointed BBVA Group CEO.
BBVA closed a €150 million ($171 million) acquisition term loan on behalf of Porsche Holding Salzburg, the first loan of its kind arranged through blockchain technology.
BBVA Compass appointed banking industry veteran Dillan Knudson as its new Austin, TX, CEO. He will succeed Joe Petet, who is retiring at the end of the year.
The BBVA Board of Directors approved the succession plan for the company’s chief executive officer, designating current CEO of BBVA Compass and U.S. Country Manager, Onur Genç, as successor to Carlos Torres Vila as Group CEO.