According to an 8-K filing, Deutsche Bank, New York Branch acted as administrative agent on a new $1 billion five-year, revolving line of credit for Mobile Mini, a provider of portable storage solutions and tank and pump solutions.
Air traffic surveillance system designer Aireon signed a credit facility agreement for $200 million with a group of several independent investor funds, led by Deutsche Bank.
Parker Drilling voluntarily filed for Chapter 11 in order to facilitate its restructuring support agreement. Bank of America and Deutsche Bank agreed to provide $50 million in DIP financing to facilitate the restructuring.
Deutsche Bank closed a four-year, $650 million term loan for Salt Creek Midstream, a portfolio company owned by funds managed by the Private Equity Group of Ares Management and ARM Energy Holdings.
A white paper released by Deutsche Bank finds that further global regulatory alignment is needed for technology to be transformational, with any regulatory approach accepting the “new realities” created by emerging solutions.
Phoenix Tower International, a wireless communications infrastructure provider, closed a $485 million senior secured term loan facility to continue its international expansion.
The Australian Financial Review reported Steinhoff International’s Australian business has distanced itself from its troubled parent by changing its name to Greenlit Brands and securing new bank funding from ANZ, NAB and Deutsche Bank.
Reuters reported syndication of the $5.8 billion-equivalent loan package backing Blackstone’s buyout of Refinitiv, Thomson Reuters’ Financial and Risk division, is expected to launch on September 4 in the U.S. Bank of America Merrill Lynch is leading the syndication.
Ferrexpo increased its 2017 Pre-Export Finance credit facility from $195 million to $400 million and extended the tenor from three years to four years. Deutsche Bank and BNP Paribas arranged the transaction.