Commerzbank set up a trade finance innovation lab to develop payment and finance solutions based on new technologies such as distributed ledger technology, smart contracts and the internet of things.
Crain’s: Commerzbank Auctioning Off Diebold Loan Holdings
August 23, 2018
Crain’s Business Journal reported that Commerzbank, one of Diebold Nixdorf’s lenders, auctioned off $26 million of its revolving credit facilities and $21 million of Diebold’s ATM loans, with Citigroup as the winning bidder.
ING Agents $440MM Facility for Riwal
July 11, 2018
ING agented a new €375 million ($439.256 million) senior credit facility for Riwal Holding Group, an international aerial work platform renter and seller.
MUFG Leads $4.35B Petrobas Revolver
March 9, 2018
Petróleo Brasileiro entered into a $4.35 billion revolving credit facility with a syndicate of 17 banks. The Bank of Tokyo-Mitsubishi UFJ served as senior mandated lead arranger on the transaction.
Citi, Goldman, Others Renew $1.27B Air France/KLM Facility
November 8, 2017
Air France and KLM Airlines renewed their joint €1.1 billion ($1.27 billion) revolving credit facility with a syndicate of 18 banks.
J.P. Morgan Leads Financing to Support Refresco Cott Buy
September 5, 2017
Netherlands-based bottler Refresco will acquire Cott’s bottling activities for $1.25 billion. Reuters reported J.P. Morgan led the financing to support the transaction.
J.P. Morgan, Others Arrange $8B Vitol Facility
October 6, 2016
Vitol executed $8 billion in revolving credit facilities with a syndicate of 55 banks.
