Nordea, Credit Agricole, Others Lead $525MM Facility for Diamond S Shipping
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.
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.
Volkswagen closed a €10 billion ($11 billion) five-year revolving credit facility with Citigroup, Credit Agricole and UniCredit as arrangers and coordinators.
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 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.
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.
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.
A bank syndicate led by DVB Bank closed the financing of 34 bulk carriers for Polsteam Group.
Siena Lending Group completed a $7.5 million revolving credit facility for Seitz.
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.