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.
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.
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.
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 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.