Syndicate of Lenders Close Oversubscribed $3.4B Revolving Credit Facility with Mercuria

Mercuria’s North American operating entities closed its $3.4 billion multi-year senior secured borrowing base credit facility. The facility was over-subscribed, enabling Mercuria to increase the size by $100 million.

December 13, 2022 Coöperatieve Rabobank | Credit Agricole | Guillaume Vermersch | ING Capital | Marty Bredehoft | Mercuria | Mercuria Commodities Canada Corporation | Mercuria Energy America | Minerva Bunkering | Mizuho Bank | MUFG Bank | Natixis | New York Branch | Societe Generale | Sumitomo Mitsui Banking Corporation | UniCredit Bank AG Ian Koplin

BNP Paribas Agents $2.2B Credit Facility for Castleton Commodities International

Castleton Commodities International closed a $2.2 billion borrowing base facility consisting of a $1 billion 18-month tranche and a $1.2 billion two-year tranche. The facility also includes a $1 billion accordion, which remains available to support future liquidity needs and growth.

June 14, 2022 BNP Paribas | Cadwalader Wickersham & Taft | Castleton Commodities International | Citibank | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | Credit Suisse | Industrial and Commercial Bank of China | ING Capital | MUFG Bank | Natixis | Rick Dolcetti | Societe Generale | Stroock & Stroock & Lavan | Wells Fargo Bank Ian Koplin

Freepoint Commodities Renews Credit Facility at $2.63B with BNP Paribas-Led Syndicate

Freepoint Commodities closed a $2.63 billion revolving bank facility. The facility consists of a $1.57 billion, three-year committed tranche and a $1.05 billion, one-year uncommitted tranche. Additionally, the facility has a $570 million accordion feature. BNP Paribas is the administrative agent for the facility.

June 10, 2022 Bank of China | BNP Paribas Securities | Commonwealth Bank of Australia | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | Credit Suisse | David A. Messer | Deutsche Bank AG | HSBC Bank USA | Industrial and Commercial Bank of China | ING Bank | Mizuho Bank | MUFG Bank | Natixis | Oversea-Chinese Banking Corporation | Societe Generale | Sumitomo Mitsui Banking Corporation | UBS Switzerland AG | Wells Fargo Bank Ian Koplin

BNP Paribas-Led Syndicate Renews Credit Facility for Tenaska Marketing Ventures

Tenaska Marketing Ventures, the natural gas marketing affiliate of Tenaska, completed a renewal and increase of its committed borrowing base facility that provides up to $2 billion for a four-year term maturing in March 2026.

March 23, 2022 ACB | BNP Paribas | CoBank | Coöperatieve Rabobank | Industrial and Commercial Bank of China | ING Capital | John Obermiller | Mizuho Bank | MUFG Bank | Societe Generale | Sumitomo Mitsui Banking Corporation | Tenaska Marketing Ventures | Wells Fargo Bank Ian Koplin

BNP Paribas-Led Syndicate Provides $1.7B Borrowing Base Facility to Castleton Commodities

Castleton Commodities International closed on a $1.7 billion borrowing base facility. BNP Paribas, MUFG, Société Générale, Citibank, Coöperatieve Rabobank, Credit Agricole Corporate and Investment Bank and Natixis served as joint lead arrangers and joint bookrunners for the facility.

June 24, 2021 BNP Paribas | Cadwalader Wickersham & Taft | Castleton Commodities International | Citibank | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | Credit Suisse | ING Capital | MUFG | Natixis | Rick Dolcetti | Societe Generale | Stroock & Stroock & Lavan | Wells Fargo Bank Ian Koplin

Bank of America Agents $550MM Debt Refinancing to Phibro Animal Health

Phibro Animal Health entered into an amended and restated credit agreement with an aggregate principal amount of $550 million. The agreement was jointly arranged by BofA Securities and Coöperatieve Rabobank, with Bank of America acting as administrative agent.

April 23, 2021 Bank of America | BofA Securities | Coöperatieve Rabobank | Jack Bendheim | Phibro Animal Health Corporation Ian Koplin

BNP Paribas Agents $2.565B Revolving Bank Facility for Freepoint Commodities

BNP Paribas is serving as administrative agent for a $2.565 billion revolving bank facility for Freepoint Commodities. ABN AMRO Capital, Coöperatieve Rabobank, ING Bank and Société Générale are serving as co-syndication and co-documentation agents.

May 7, 2020 ABN Amro Capital | Bank of China | BNP Paribas Securities | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | Credit Suisse | David A. Messer | Deutsche Bank | Freepoint Commodities | Freepoint Commodities Holdings | HSBC Bank | Industrial and Commercial Bank of China | ING Bank | MUFG Bank | Natixis | Oversea-Chinese Banking Corporation Limited | Societe Generale | Standard Chartered Bank | UBS Switzerland | Wells Fargo Bank Phil Neuffer

Rabobank Leads $520MM Sustainability Facility for Britvic

UK soft drinks company Britvic has secured a credit facility of up to £400 million ($521 million) for its sustainability goals.

February 18, 2020 Britvic | Coöperatieve Rabobank nadine

Rabobank Upsizes TIP Revolver to $1.27B

TIP, a portfolio company of I Squared Capital, increased its existing revolving credit facility (RCF) from €967 million ($1.07 billion) to €1,150.5 million ($1.27 billion) with no change in pricing or structure.

November 22, 2019 Coöperatieve Rabobank | TIP nadine

TrailStone Closes $330MM Revolver with BNP Paribas, Others

TrailStone Group closed a $300 million revolving credit facility with BNP Paribas acting as sole lead arranger and bookrunner. The new facility refinances the company’s current $200 million revolver.

December 20, 2018 ABN Amro Capital | Bank of China | BNP Paribas | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | ING Bank | MUFG Bank | Natixis | Societe Generale | Standard Chartered Bank | TrailStone Group | Wells Fargo Bank Amanda Koprowski