Roberts to Succeed Retiring Burke as HSBC President/CEO

Patrick Burke will retire as president and CEO of HSBC USA to be succeeded by former Citigroup Chief Lending Officer Michael Roberts.

HSBC Agents New $450MM Revolver for TerraForm Power

TerraForm Power, a renewable energy company based in Maryland, closed a $450 million revolving credit facility with HSBC USA as administrative agent.

KeyBanc Capital Markets Agents $130MM DigitalOcean Facility

DigitalOcean, a cloud computing platform, secured a $130 million credit facility. KeyBanc Capital Markets served as joint lead arranger and joint bookrunner for the transaction.

PHX Energy Cuts C$20MM from HSBC Canada Led Lender Facility

PHX Energy Services provided notice to its lead agent, HSBC Canada, on behalf of its lenders under its syndicated credit facility to voluntarily reduce in part the unutilized portion of the facility from C$90 million to C$70 million.

JPMorgan Agents Vishay Intertechnology’s $640MM Amendment

Vishay Intertechnology entered into an amended $640 million credit facility with a group of banks led by JPMorgan Chase serving as administrative agent.