ING Agents $440MM Facility for Riwal
ING agented a new €375 million ($439.256 million) senior credit facility for Riwal Holding Group, an international aerial work platform renter and seller.
ING agented a new €375 million ($439.256 million) senior credit facility for Riwal Holding Group, an international aerial work platform renter and seller.
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.
Air France and KLM Airlines renewed their joint €1.1 billion ($1.27 billion) revolving credit facility with a syndicate of 18 banks.
Olam International secured a revolving credit facility $1.75 billion. Olam Treasury, a 100%-owned subsidiary of Olam, is a co-borrower.
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.
Terex refinanced its existing senior secured credit facility with a new $850 million senior secured credit facility comprised of a $450 million revolving line of credit and a $400 million term loan. Credit Suisse was administrative agent for a syndicate of lenders.
Olam International, a global agri-business operating in 70 countries, secured a revolving credit facility aggregating $2 billion with an international syndicate of more than 20 banks.
Vitol executed $8 billion in revolving credit facilities with a syndicate of 55 banks.
Oryx Stainless Group, a subsidiary of Germany-based KMR Stainless Holding, successfully finalized a €100 million ($100.32 million) syndicated revolving credit facility.
Commerzbank AG, Germany’s second-largest lender, reportedly is targeting a higher capital ratio after reaching its previous objective by selling shares last week.