J.P. Morgan, Others Arrange $8B Vitol Facility

Vitol executed $8 billion in revolving credit facilities with a syndicate of 55 banks.

HSBC, Others Renew Oryx Credit Facility

Oryx Stainless Group, a subsidiary of Germany-based KMR Stainless Holding, successfully finalized a €100 million ($100.32 million) syndicated revolving credit facility.

Commerzbank Increases Capital Target

Commerzbank AG, Germany’s second-largest lender, reportedly is targeting a higher capital ratio after reaching its previous objective by selling shares last week.

UCB Credit Facility Renewed with Improved Terms

UCB announced the closing of an amendment to its €1.0 billion ($1.361 billion) revolver. BNP Paribas Fortis Bank, Commerzbank, ING and Mizuho acted as joint coordinating bookrunners.

BNP Paribas, Citibank, Others Arrange Norsk Hydro Revolver

Norsk Hydro signed a $1.7 billion syndicated revolving multicurrency credit facility with a syndicate of 13 international banks, including BNP Paribas, Citibank and others.

Reuters: Siemens Secures $3B Facility; Deutsche, Others Coordinate

Reuters reported Siemens said it secured a $3 billion revolving credit facility to replace an expired arrangement. Commerzbank, Deutsche Bank and JP Morgan acted as coordinators and bookrunners, Reuters said.