DNB Agents Norsk Hydro New $1.6B Sustainability Revolver

Norsk Hydro signed a $1.6 billion revolving multi-currency credit facility with the margin linked to Hydro’s greenhouse gas emission target.

Citi, UniCredit, Other Arrange $11B Revolver for Volkswagen

Volkswagen closed a €10 billion ($11 billion) five-year revolving credit facility with Citigroup, Credit Agricole and UniCredit as arrangers and coordinators.

Credit Agricole, CaixaBank, Others Arrange $1.7B Boralex Refi

Renewable energy giant Boralex refinanced almost all of its wind farm operations in France, for a total of $1.7 billion, divided among three credit agreements maturing respectively in 2034, 2036 and 2040.

ING Agents $300MM Revolver for Gerald Group

ING Capital led a $300 million syndicated financing on behalf of GT Commodities, the North American trading hub for Gerald Group, the world’s largest employee owned metals merchant.

ABN AMRO, Nordea, Others Provide $34.3MM Loan for Eagle Bulk

Eagle Bulk Ultraco closed on a $34.3 million incremental term loan under its existing five-year senior secured term loan facility, which bears an interest rate of LIBOR plus 2.50% and matures in 2024.

Crédit Agricole, Societe Generale Lead $6.73MM Revolvers for EDF

EDF signed two €300 million ($3.37 million) sustainability-indexed revolving credit facilities, which incorporate a pricing adjustment based on EDF’s sustainability performance linked to CO2 emissions and energy efficiency.

DVB Bank Leads $175MM Bulk Carrier Financing for Polsteam Group

A bank syndicate led by DVB Bank closed the financing of 34 bulk carriers for Polsteam Group.

Siena Lending Closes $7.5MM Revolver for Seitz

Siena Lending Group completed a $7.5 million revolving credit facility for Seitz.

BofA Agents $40.5MM Reduction to MoneyGram Revolver

Bank of America acted as the administrative agent on an amendment to money transfer and payment services provider MoneyGram International’s revolving credit facility, reduced the total commitments to $45 million from $85.5 million.

Crédit Agricole CIB Hires Two for Global Markets Sales Team

David Steckl and Yang Tang joined Crédit Agricole Corporate and Investment Bank’s Global Markets Americas Financial Institutions Sales team.