Freepoint Commodities closed a $2.63 billion revolving bank facility. The facility consists of a $1.57 billion, three-year committed tranche and a $1.05 billion, one-year uncommitted tranche. Additionally, the facility has a $570 million accordion feature. BNP Paribas is the administrative agent for the facility.
Deutsche Bank and UniCredit Bank acted as coordinators on a $400 million syndicated revolving credit facility for QIAGEN, with Deutsche Bank acting as the documentation and facility agent and UniCredit Bank acting as the sustainability coordinator.
Deutsche Bank served as administrative agent on the expansion of TriplePoint Venture Growth’s revolving credit facility to $325 million. Existing lenders include KeyBank, TIAA, FSB, MUFG, Hitachi Capital and NBH Bank. Customers Bank joined as a new lender.
Aligned completed a $1 billion senior secured credit facility — the first U.S. data center sustainability-linked financing. TD Securities was the administrative and collateral agent and Goldman Sachs Lending Partners as the syndication agent.
Cycle Pharmaceuticals, a privately-owned biotechnology company focused on developing and delivering medicines for rare diseases, executed a definitive agreement for a $25 million credit facility with Deutsche Bank.
AquaVenture Holdings completed a $150 million senior secured, non-amortizing term loan agreement with Deutsche Bank as arranger and lender, and Wells Fargo as administrative agent.
Axalta Coating Systems has entered into an agreement to acquire the assets of Valspar’s North American Wood Coatings business for $420 million. Deutsche Bank committed financing to support the acquisition.
Alliance One International entered into a $60 million ABL credit agreement with a lender group led by Deutsche Bank as administrative agent. Wells Faro served as syndication agent.
OMNOVA Solutions refinanced its term loan facility and ABL revolver with a new $350 million term loan and $90 million downsized revolver with a lender group led by Deutsche Bank AG as administrative agent and JPMorgan Chase as ABL lender, respectively.
Beacon Rail Leasing closed on the acquisition of Ascendos Rail Leasing, a European locomotive rolling stock leasing company. Committed debt financing was provided by ING Bank and Deutsche Bank AG.