Citi, UniCredit, Other Arrange $11B Revolver for Volkswagen

Volkswagen closed a €10 billion ($11 billion) five-year revolving credit facility with Citigroup, Credit Agricole and UniCredit as arrangers and coordinators.

Barclays, Citigroup Lead $1.75B Refi for Maximus

Barclays Capital Real Estate and Citigroup Global Markets Realty completed a a $1.5 billion mortgage loan of San Francisco’s Parkmerced on behalf of owner Maximus Real Estate Partners. AIMCO provided a $275 million mezzanine loan .

21 Banks Close $2.2B Revolver for Groupe Casino

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

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.

GoldenTree Closes $443MM CLO

GoldenTree Loan Management closed a €402 million ($443 million) collateralized loan obligation to be managed by GLM.

J.P. Morgan, Goldman Sachs Arrange $565MM Term Loan for Natgasoline

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

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

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

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.

BAML Leads Refinitiv $5.5B Loan Launch

Reuters reported syndication of the $5.8 billion-equivalent loan package backing Blackstone’s buyout of Refinitiv, Thomson Reuters’ Financial and Risk division, is expected to launch on September 4 in the U.S. Bank of America Merrill Lynch is leading the syndication.