Citi, Credit Suisse, Nordea Lead $1.05B Gaslog Facility
GasLog launched a debt financing of $1.05 billion led by Citibank, Credit Suisse and Noreda to re-finance six legacy facilities that covers eight on-the-water vessels.
GasLog launched a debt financing of $1.05 billion led by Citibank, Credit Suisse and Noreda to re-finance six legacy facilities that covers eight on-the-water vessels.
Automatic Data Processing (ADP) entered into a $3.25 billion 364-day credit agreement and a $3.75 billion five year credit agreement with a group of lenders. JPMorgan Chase served as administrative agent for the transactions.
Fortum has signed a €1.75 billion ($1.97 billion) syndicated multicurrency revolving facility agreement. The Royal Bank of Scotland and Nordea Bank acted as coordinators for the transaction.
LifePoint Health entered into a new senior secured credit agreement with Citibank as administrative agent providing for a $700 million senior secured term loan facility and a $600 million senior secured revolving credit facility.
Dana Holding entered into a $500 million revolving credit and guaranty agreement with Citibank as administrative agent and collateral agent.
LyondellBasell entered into an amendment to its credit agreement which increased the facility size from $2 billion to $2.5 billion. Bank of America served as administrative agent for the lender group.
Vanguard Natural Resources completed a redetermination of its borrowing base, reducing its size to $1.325 billion from $1.8 billion. Citibank served as administrative agent for the lender group.
Whirlpool entered into a third amended and restated long-term credit agreement with JPMorgan Chase Bank as administrative agent and Citibank as syndication agent.
Peabody Energy has received final approval from the bankruptcy court for its $800 million DIP financing facility. Citibank served as administrative agent for the lender group.
Nortek has successfully completed amendments to its asset-based revolving credit agreement, increasing it from $300 million to $325 million. Bank of America and Wells Fargo Capital Finance acted as joint lead arrangers.