Citibank, Others Lead Harsco Revolver
Harsco entered into an amendment that increases the company’s access to funds. The amended $500 million facility was issued through a consortium of 11 banks, co-led by Citibank, JPMorgan Chase and HSBC.
Harsco entered into an amendment that increases the company’s access to funds. The amended $500 million facility was issued through a consortium of 11 banks, co-led by Citibank, JPMorgan Chase and HSBC.
ONEOK Partners expanded its lender group and increased the commitments under its revolving credit facility to $2.4 billion from $1.7 billion. Citibank led a syndicate of 20 participating banks.
Peabody Energy amended its existing secured credit facility. According to the company 8-K filing, Citibank served as administrative agent, swing line lender and L/C issuer.
FSFR closed a $175 million senior revolver with Citibank. The facility has a three-year reinvestment period and a final maturity of January 2020.
Trex completed an amendment to its facility. The amended cash-flow lending facility, obtained through BB&T, Citibank and Bank of America is a seasonal facility.
Air Lease announced a wholly owned subsidiary entered into a joint venture with a co-investment vehicle to invest in commercial aircraft. BNP Paribas and Credit Suisse arranged the revolving warehouse facility.
TICC Capital said its TICC Funding subsidiary entered into a new $150 million credit facility with Citibank.
Euronav signed a new $340 million credit facility led by ING Bank as sole bookrunner and agent, together with Citibank, Danish Ship Finance, DnB Bank and KBC Bank acting as mandated lead arrangers.
PharMerica announced it closed on a new credit agreement. The company will use the facilities for general corporate purposes and to pursue acquisition opportunities. Bank of America acted as administration agent.
The GasLog partnership agreed to purchase 100% of the entities that own and charter two LNG vessels. Citibank will provide a new $450 facility to refinance the vessels’ current facilities.