Volkswagen closed a €10 billion ($11 billion) five-year revolving credit facility with Citigroup, Credit Agricole and UniCredit as arrangers and coordinators.
21 Banks Close $2.2B Revolver for Groupe Casino
November 19, 2019
Groupe Casino signed a new €2 billion ($2.2 billion) revolving credit facility, which will mature in October 2023, as part of its refinancing plan. Twenty-five banks joined the syndicate.
Citigroup Taps Fraser to Succeed Corbat as CEO
October 25, 2019
The Wall Street Journal reported Citigroup has tapped its Latin America chief, Jane Fraser, to serve as the bank’s No. 2 executive, putting her atop the list to succeed Chief Executive Michael Corbat.
J.P. Morgan, Goldman Sachs Arrange $565MM Term Loan for Natgasoline
November 2, 2018
Natgasoline priced around $900 million of new senior secured debt financing, including a $565 million term loan B. J.P. Morgan and Goldman Sachs acted as left lead arrangers and bookrunners on the term loan.
Sears Chairman Lampert Looking for Bankruptcy Financing Partners
October 22, 2018
Reuters reported that Sears chairman Eddie Lampert is holding discussions with Cyrus Capital Partners to share the $30 million financing to support the company’s Chapter 11 effort.
BofA, Wells Fargo, Citigroup Push Sears to Liquidate
October 11, 2018
The Wall Street Journal reported that Sears Holdings’ biggest lenders are pushing the retailer to liquidate its assets in a Chapter 7 bankruptcy filing.
SEC Charges Citigroup for Dark Pool Misrepresentations
September 17, 2018
The Securities and Exchange Commission entered an order finding that Citigroup Global Markets misled users of a dark pool operated by one of its affiliates.
