Aluar Aluminio Argentino secured a $56 Million Credit facility from EKF Denmark’s export credit agency. Citibank Europe, UK Branch acted as facility agent, and Citibank acted as collateral agent on the transaction.
Offshore oil rig driller Seadrill entered into a restructuring agreement with more than 97% of its secured bank lenders, approximately 40% of its bondholders and a consortium of investors led by its largest shareholder, Hemen Holding.
Philip Morris International closed an agreement to extend the term of its $2 billion revolving credit facility until February 6, 2018.
Royal Caribbean Cruises entered into credit agreements for the financing of ships scheduled for delivery in fall 2018 and the first half of 2020. Citibank Europe served as facility agent.