Crédit Agricole CIB appointed Ghislain Descamps senior country officer for Canada. Descamps most recently led Crédit Agricole CIB’s multinational corporation coverage team in the Americas based in New York City since 2014.
Danielle Baron was appointed global head of structured finance at Crédit Agricole. Baron will report to Jean-François Balaÿ, deputy chief executive officer of Crédit Agricole CIB and becomes a member of the management committee of the bank. She was previously global head of power and utilities.
A bank syndicate of 19 banks from eight different countries, including Barclays, Crédit Agricole CIB, Santander, Natixis, Deutsche Bank, Société Générale and BNP Paribas, arranged a $1.7 billion (€1.4 billion) sustainable revolver for Klépierre.
Groupe Casino signed a new €2 billion ($2.2 billion) revolving credit facility, which will mature in October 2023, as part of its refinancing plan. Twenty-five banks joined the syndicate.
Prysmian Group, a provider of energy and telecom cable systems, has refinanced its €1 billion ($1.13 billion) long-term revolving credit facility with a pool of leading Italian and international banks.
Eagle Bulk Ultraco, a wholly owned subsidiary of Eagle Bulk Shipping, closed on a new five-year senior secured facility totaling $208.4 million. Financing participants on the facility included ABN AMRO and Credit Agricole CIB.
David Steckl and Yang Tang joined Crédit Agricole Corporate and Investment Bank’s Global Markets Americas Financial Institutions Sales team.
Kashif Zafar joined Crédit Agricole CIB as head of Sales for the Americas and deputy head of the Global Markets Division for the Americas.
Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).
Cognac and spirits producer Rémy Cointreau signed a syndicated loan for €100 million ($116.572 million). Six banks funded the loan, including Natixis, Credit Agricole-CIB, Société Générale, HSBC, CIC and BNP Paribas.