HSBC Bank USA appointed trade veteran Inwha Huh as head of Global Trade and Receivables Finance, U.S. and Canada. Huh joins from GE Capital where she was managing director and head of Global Business Development & Capital Markets.
Textainer Group announced Union Bank and ING Belgium will act as lead arranger and joint lead arranger, respectively, for a $500 million term loan. Union Bank leads a group of other financial institutions involved in the transaction.
Crawford & Company announced an amended five-year, $400 million revolver with a syndicate of banks led by Wells Fargo Securities and Bank of America Merrill Lynch as joint lead arrangers and joint lead bookrunners.
World Fuel Services expanded its existing revolving credit facility. Bank of America Merrill Lynch, Wells Fargo Securities and HSBC Bank USA served as joint lead arrangers.
Mitcham Industries said it has entered into a new $50 million syndicated revolver with HSBC Bank USA, acting as administrative agent. The facility replaces the company’s prior credit agreement with First Victoria National Bank.