BNP Paribas is serving as administrative agent for a $2.565 billion revolving bank facility for Freepoint Commodities. ABN AMRO Capital, Coöperatieve Rabobank, ING Bank and Société Générale are serving as co-syndication and co-documentation agents.
Freepoint Commodities closed a $1.45 billion revolver encompassing a $1 billion committed tranche and a $450 million tranche that was upsized from $300 million.
Freepoint Commodities closed a $1 billion revolver, doubling the company’s initial committed facility from 2011. BNP Paribas led and arranged the new facility with a syndicate of other banks.