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.
Societe Generale, MUFG Bank, Natixis, Rabobank and ING Capital served as joint lead arrangers on a $1.7 billion one-year, senior secured borrowing base revolving facility for Mercuria’s North American operating entities.
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.
BNP Paribas, Handelsbanken and Nordea acted as coordinating mandated lead arrangers and bookrunners for a €750 million revolving credit facility for UPM.
David Steckl and Yang Tang joined Crédit Agricole Corporate and Investment Bank’s Global Markets Americas Financial Institutions Sales team.
ING Bank and J.P. Morgan Securities, among others, acted as manadated lead arrangers and bookrunners on a €600 million ($683 million), five year revolving credit facility for Worldline.
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.
Middle Eastern telecom provider Zain Group closed a $700 million, five-year revolving credit facility with a syndicate of regional and international banks.
Advanced Power secured $1.3 billion in financing to build South Field Energy, a 1.18GW combined-cycle natural gas electric generating facility in Columbiana County, OH.
SoftBank entered into a senior loan agreement in the amount of ¥1.6 trillion ($14.361 billion). The loan will mature in September 2024.