Tag Archives: HSBC Bank

Barclays-Led Syndicate Extends and Upsizes Enviva Partners’ Revolver

Enviva Partners amended and restated its senior secured revolving credit facility. The amendment extends the maturity to April 2026 and increases the facility’s size to $525 million. Barclays is administrative agent and collateral agent on the amended and restated credit facility.

Citizens Amends Ribbon Communications’ Credit Agreement

Ribbon Communications executed a third amendment to its credit agreement. Citizens Bank, as administrative agent under the credit facility, led the amendment, which increased Ribbon’s existing term loan A credit facility by approximately $75 million.

Truist, Fifth Third, Union, Regions Provide $400MM Revolver to Anthem

Truist Securities served as left lead arranger, Fifth Third Bank acted as joint lead arranger, Union Bank acted as syndication agent and Regions Bank acted as documentation agent on a $400 million revolving credit facility with a $150 million accordion for Anthem Entertainment.

Citigroup-Led Syndicate Amends Harsco’s Credit Facilities

A syndicate of banks led by Citigroup Global Markets amended Harsco’s existing senior secured credit facilities. The required levels of the existing total net leverage ratio covenant will be increased through Dec. 31, 2021.

BNP Paribas Agents $2.565B Revolving Bank Facility for Freepoint Commodities

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.

Citigroup-Led Syndicate Arranges $280MM Term Loan for Harsco

As part of a syndicate of 14 banks, Citigroup served as a joint lead bookrunner and joint lead arranger for a new $280 term loan facility for Harsco Corporation.