DNB-Led Syndicate Closes $350MM Term Loan for Noble Corporation

Noble Corporation closed a new $350 million secured term loan. According to an 8K, DNB Capital, JPMorgan Chase, Nykredit Bank, Clifford Capital, Barclays Bank, Danske Bank, HSBC Bank, Nordea Bank and Morgan Stanely Senior Funding are mandated lead arrangers.

December 27, 2022 an Stanely Senior Funding | Barclays Bank | Clifford Capital | Danske Bank | DNB Bank | DNB Capital | DNB Markets | HSBC Bank | JPMorgan Chase | Nordea BankMorg | Nykredit Bank | Robert W. Eifler | Tags – Noble Corporation Markiesha Thompson

ING Capital Leads Expansion of BB Energy’s Credit Facility to $580MM

BB Energy, a global independent energy trading company, refinanced and expanded a $580 million senior secured borrowing base credit facility.

November 14, 2022 Banco Latinoamericano de Comercio Exterior | BB Energy | Citibank | Credit Agricole Corporate and Investment Bank | GarantiBank International | HSBC Bank | ING Capital | Jacques Erni | Natixis | Societe Generale | UBS Switzerland | Valley National Bank | Wells Fargo Bank Ian Koplin

ING, Wells Fargo, MUFG and Société Générale Expand Six One Commodities’ Revolver

Six One Commodities closed a one-year, $745 million revolving borrowing base credit facility, which was expanded from $540 million by the company’s existing financial institutions. ING Capital, Wells Fargo, MUFG and Société Générale are joint lead arrangers for the facility.

September 30, 2022 Benjamin Sutton | Coöperative Rabobank | HSBC Bank | ING Capital | Matthew Rosetti | MUFG | Six One Commodities | Societe Generale | wells fargo Phil Neuffer

Fosun International Enters into Strategic Cooperation Agreement with HSBC China

Fosun International Limited and HSBC Bank (China) renewed a strategic cooperation agreement today to provide strong support for Fosun International and its subsidiaries in the aspects of global operation and investment capabilities, growth strategies, financial resources and more.

August 29, 2022 Fosun International Limited | HSBC Bank | Ma Jian | Wang Qunbin | Wang Yunfeng | Zhang Houlin Ian Koplin

Six Lenders Increase and Extend CBRE’s Credit Agreement to $3.5B

CBRE Group entered into a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion.

August 9, 2022 BofA Securities | CBRE Group | Emma Giamartino | HSBC Bank | JPMorgan Chase Bank | National Westminster Bank | The Bank of Nova Scotia | Wells Fargo Securities Ian Koplin

Bank of America Leads Syndicate Providing Lucid with $1B Revolving Credit Facility

Lucid Group entered into a credit agreement on June 9 with a syndicate of banks providing a secured asset-based revolving credit facility with an initial committed amount of up to $1 billion.  Bank of America is the administrative agent and swingline lender.

June 16, 2022 Bank of America | Barclays Bank | BNP Paribas | Citigroup | Goldman Sachs Bank | HSBC Bank | JPMorgan Chase Bank | Lucid Group | MUFG Bank | Royal Bank of Canada | Sherry House | Sumitomo Mitsui Banking Corporation | Wells Fargo Bank Ian Koplin

HSBC Upsizes Acme United Revolver to $65MM

Acme United, a supplier of safety solutions and cutting technology to the school, home, office, hardware, sporting goods and industrial markets, renewed and increased its revolving loan facility with HSBC Bank to $65 million.

June 2, 2022 Acme United | HSBC Bank | Walter C. Johnsen Rita Garwood

Syndicate Including Citi and Goldman Sachs Provides $350MM Revolver to Nabors Industries

Nabors Industries closed a secured $350 million revolving credit facility. Institutions participating in the credit facility are Citibank, Goldman Sachs Bank, HSBC Bank, Morgan Stanley Senior Funding and Wells Fargo Bank. The new credit facility replaces the company’s 2018 revolving credit facility.

January 25, 2022 Citibank | Goldman Sachs Bank | HSBC Bank | Morgan Stanley Senior Funding | Nabors Industries | Wells Fargo Bank | William Restrepo Ian Koplin

HSBC Leads $150MM Senior Secured Credit Facility for Veeco Instruments

Veeco Instruments entered into a senior secured revolving credit facility that enables the company to borrow up to $150 million over a five-year term that expires in December 2026. HSBC Bank is acting as administrative agent and collateral agent for the facility.

December 17, 2021 Barclays Bank | Citibank | HSBC Bank | John Kiernan | Morrison & Foerster | Santander Bank | Silicon Valley Bank | Veeco Instruments Ian Koplin

HSBC and Fifth Third Arrange $225MM Credit Facility for GA Telesis

HSBC Bank and Fifth Third Bank served as joint lead arrangers on a five-year, $225 million syndicated asset-based lending credit facility for GA Telesis, an aviation integration company. The facility includes nine participating banks, with HSBC Bank as administrative agent.

November 16, 2021 Abdol Moabery | Alvin Khoo | Fifth Third Bank | GA Telesis | HSBC Bank Ian Koplin