Havfram, an offshore wind company, has signed a senior secured Green ECA term loan facility to fund its two wind turbine installation vessels (WTIVs), currently under construction at CIMC Raffles.
BB Energy, an independent energy trading company, renewed and expanded its senior secured borrowing base credit facility in the Americas. ING Capital acted as arranger and bookrunner in the syndication and will act as administrative agent for the facility.
Eagle Bulk Shipping, an operator of midsize drybulk vessels, amended its credit agreement to increase borrowing capacity by $175 million, among other changes. Crédit Agricole is the facility agent for the loan.
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.
Orange signed with 27 international banks a new sustainability-linked multi-currency €6 billion ($6.2 billion) syndicated revolving facility in order to refinance in advance the existing facility expiring December 2023.
Crédit Agricole acted as senior mandated lead arranger for a new $3.25 billion syndicated credit agreement under its sustainability-linked financing framework for CEMEX, a Mexico-based building materials company.
Vmo Aircraft Leasing closed a five-year, $600 million senior secured warehouse facility. Credit Suisse Securities and Natixis Corporate and Investment Bank are the co-structuring agents and joint lead arrangers of the facility. UMB Bank is the administrative agent and the security trustee.
Elis signed a €900 million ($1.04 billion) sustainability-linked syndicated revolving credit facility with a group of 13 core relationship banks. BNP Paribas structured the facility as sustainability coordinator.
Gerald Group, an independent and employee-owned metals trading house, refinanced GT Commodities’ borrowing base facility at $450 million. GT Commodities is Gerald Group’s North American trading hub.
Micron Technology closed nearly $3.7 billion in inaugural sustainability-linked credit facilities. Crédit Agricole Corporate and Investment Bank served as the sole sustainability structuring agent on both credit facilities.