BBVA, MUFG, BNP Complete First Successful Syndicated Loan on Blockchain

The Financial Times reports that BBVA and two partners completed the first successful syndicated loan using blockchain technology.

Bank of America Agents American Midstream Upsize to $750MM

American Midstream closed the acquisition of a 25% interest in Delta House from ArcLight Capital. Subsequently, the company’s amendment to increase its revolver to $750 million was approved by a bank group led by Bank of America serving as administrative agent.