Excelerate Energy Amends and Restates $600MM Senior Secured Credit Facility with Syndicate

Excelerate Energy entered into an amended and restated senior secured credit agreement. Proceeds from the term loan facility are intended to be used for the acquisition of the FSRU Sequoia, which is currently under a bare boat charter with a third party until mid-2025.

March 21, 2023 Barclays Bank | BNP Paribas | Credit Agricole Corporate and Investment Bank | Dana Armstrong | DNB Markets | Excelerate Energy | First Financial Bank | Frederic Dorwart | FSRU Sequoia | Gibson Dunn & Crutcher | Morgan Stanley Bank | Nordea Bank ABP | Sumitomo Mitsui Banking Corporation | Wells Fargo Bank Ian Koplin

Wells Fargo Securities, BofA Securities Lead $2.5B ESG-Linked Credit Facility for Host Hotels & Resorts

Host Hotels & Resorts amended and restated its existing $2.5 billion credit facility. The agreement extends maturities from January 2025 to January 2028, including all extension options, and continues to provide a $1.5 billion revolving credit facility and two $500 million term loans.

January 5, 2023 Bank of America | BofA Securities | Credit Agricole Corporate and Investment Bank | Host Hotels & Resorts | JPMorgan Chase Bank | Sourav Ghosh | Wells Fargo Securities Ian Koplin

ING Capital Leads Expansion of BB Energy’s Credit Facility to $580MM

BB Energy, a global independent energy trading company, refinanced and expanded a $580 million senior secured borrowing base credit facility.

November 14, 2022 Banco Latinoamericano de Comercio Exterior | BB Energy | Citibank | Credit Agricole Corporate and Investment Bank | GarantiBank International | HSBC Bank | ING Capital | Jacques Erni | Natixis | Societe Generale | UBS Switzerland | Valley National Bank | Wells Fargo Bank Ian Koplin

Crédit Agricole Closes $60MM Capital Facility for Advanced Power

Advanced Power closed a $60 million capital facility at its corporate level through Crédit Agricole Corporate and Investment Bank (CIB). The new line of credit will support Advanced Power in delivering its North American pipeline of renewables projects.

October 25, 2022 Advanced Power | Credit Agricole Corporate and Investment Bank | Evan Levy | Tom Spang 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

Crédit Agricole Appoints Vincitore as Head of Structured Finance Advisory

Crédit Agricole appointed Gerard Vincitore head of structured finance advisory. Vincitore will report globally to Matthew Norman, global head of energy and infrastructure group advisory, and locally to Olivier Audemard, head of structured finance for the Americas. 

May 3, 2022 Credit Agricole Corporate and Investment Bank | Gerard Vincitore | Olivier Audemard Ian Koplin

BNP Paribas-Led Group Refinances $1.75B Sustainability-Linked Revolver for Bunge

Bunge closed on the refinancing of its $1.75 billion, three-year revolving credit facility. BNP Paribas, Credit Agricole, ING Bank, Natixis and Sumitomo Mitsui Banking Corporation served as active bookrunners, mandated lead arrangers and coordinators on the transaction.

December 17, 2021 ANZ Banking Group | Banco Santander | Bank of China | Bank of Montreal | BNP Paribas | Bunge | Bunge Finance Europe B.V | Citibank | Credit Agricole Corporate and Investment Bank | Deutsche Bank | Industrial and Commercial Bank of China | ING Bank | John Neppl | Mizuho Bank | MUFG Bank | Natixis | Rabobank | Royal Bank of Canada | Standard Chartered Bank | Sumitomo Mitsui Banking Corporation | U.S. Bank | Wells Fargo Bank Ian Koplin

Societe Generale-Led Syndicate Provides $2.2B Credit Facility to Mercuria

Mercuria’s North American operating entities closed a multi-year, $2.2 billion senior secured borrowing base credit facility. Societe Generale acted as administrative agent and collateral agent for the facility.

December 8, 2021 Credit Agricole Corporate and Investment Bank | Guillaume Vermersch | ING Capital | Mercuria | Mizuho Bank | MUFG Bank | Natixis | Rabobank | Societe Generale | Sumitomo Mitsui Banking Corporation | UniCredit Bank Phil Neuffer

JPMorgan Chase Renews $15.5B in Sustainability-Aligned Credit Facilities for Ford

Ford extended $15.5 billion in revolving credit lines, which now include metrics that align with the company’s sustainability priorities. The facilities are being supported by a lender group of 60 banks, led by JPMorgan Chase Bank, which served as the administrative agent and lead bookrunner.

September 30, 2021 Credit Agricole Corporate and Investment Bank | Dave Webb | Ford | JPMorgan Chase Bank Phil Neuffer