MUFG Bank acted as administrative agent and first lien collateral agent on a $1.1 billion Climate Bonds Certified financing for Geysers Power Company, which is a wholly-owned subsidiary of Calpine.
Groupe Renault finalized a €5 billion ($5.6 billion) credit facility agreement with BNP Paribas, Crédit Agricole, HSBC France, Natixis and Société Générale. The agreement is guaranteed up to 90% of the total amount borrowed by the French State.
Crédit Agricole, HSBC France and Natixis will serve as mandated lead arrangers and bookrunners for a €7 billion ($7.58 billion) financing arrangement for the Air France-KLM Group.
Fnac Darty signed a €500 million ($542.69 million) credit agreement with a syndicate of banks. Crédit Agricole coordinated the transaction, which is guaranteed up to 70% by the French State.
BNP Paribas, Crédit Agricole, J.P. Morgan and Société Générale provided underwriting commitments in respect of a new $3 billion credit facility for ArcelorMittal.
Etablissements Maurel & Prom signed an amendment agreement to re-profile the repayment of a $600 million term loan with the Bank of Tokyo-Mitsubishi UFJ, Natixis, PT Bank Mandiri, Sumitomo Mitsui Banking, Crédit Agricole, DBS, ING, HSBC and PT Bank Negara Indonesia.
A syndicate of banks including Crédit Agricole, Société Générale, BNP Paribas, Commerzbank, Caixa Bank and Crédit Industriel et Commercial Bank provided a $650 million secured funding facility for Aviation Capital Group’s Aircraft Financing Solutions business.
McDermott International has received support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitize nearly all the company’s funded debt, eliminating more than $4.6 billion of debt.
Diamond S Shipping closed a five-year $525 million credit facility, composed of a $375 million term loan and a $150 million revolving credit facility.
Norsk Hydro signed a $1.6 billion revolving multi-currency credit facility with the margin linked to Hydro’s greenhouse gas emission target.