BNP Paribas Securities, a unit of BNP Paribas, appointed Matt O’Connor head and Annabella Espina chief operating officer of its new Miami office, which will open in Q4/23.
U.S. Silica Holdings, an industrial minerals company, entered into a fourth amended and restated credit agreement of $1.1 billion. BNP Paribas Securities, MUFG Bank., TCBI Securities and KeyBank arranged the transaction, with BNP Paribas serving as administrative agent.
Freepoint Commodities closed a $2.63 billion revolving bank facility. The facility consists of a $1.57 billion, three-year committed tranche and a $1.05 billion, one-year uncommitted tranche. Additionally, the facility has a $570 million accordion feature. BNP Paribas is the administrative agent for the facility.
Fluor increased its credit facility to $1.8 billion and extended the maturity to February 2025. BNP Paribas Securities, BofA Securities, Citibank and Wells Fargo Securities were the joint lead arrangers for the facility.
Syniverse, a global technology provider of mission-critical mobile platforms for carriers and enterprises, completed the syndication of $1 billion in senior secured term loan commitments to refinance its capital structure, subject to customary conditions, including satisfactory definitive documentation.
Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility.
Flowserve, a provider of flow control products and services for the global infrastructure markets, amended and restated its $800 million revolving credit facility and added a new $300 million term loan facility with Bank of America and certain other lenders
Frontdoor, a provider of home service plans, closed a transaction to refinance its capital structure, including entry into new credit facilities totaling $890 million with JPMorgan Chase as administrative agent.
BNP Paribas is serving as administrative agent for a $2.565 billion revolving bank facility for Freepoint Commodities. ABN AMRO Capital, Coöperatieve Rabobank, ING Bank and Société Générale are serving as co-syndication and co-documentation agents.
Kimco Realty closed a new $2 billion revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility.