APR Energy announced it completed a new $770 million credit facility. The facility also contains an accordion feature to expand it to $1 billion. Bank of America Merrill Lynch and HSBC led the lending syndicate.
5N Plus announced the signing of a new $125 million senior secured multi-currency revolver. HSBC Bank served as lead arranger and bookrunner. The facility has a $25 million accordion feature.
OceanaGold said it completed a new $200 million revolving credit facility to replace existing facilities with a bank syndicate comprising Barclays, BNP Paribas, Citibank, HSBC and Nedbank Capital.
GTCR announced it acquired Callcredit Information Group in partnership with its management team. GE Capital, HSBC and Lloyds Bank arranged senior financing, while Crescent Capital provided a mezzanine facility.
Sandvik completed an amendment of its credit facility. Handelsbanken, Nordea and SEB acting are coordinating mandated lead arrangers and bookrunners.
HSBC, Deutsche Bank and BNP Paribas are the leading providers in European corporate trade finance, according to the results of a new report from Greenwich Associates.
Checkpoint Systems announced it entered into a $200 million revolving credit facility with a syndicate of lenders. Bank of America acted as administrative agent.
Reuters reported that JP Morgan and HSBC topped the list of the world’s top banks that must hold extra capital starting in 2016 because of their size and reach, the Financial Stability Board said.
AVG Technologies said it has entered into a new $75 million credit facility with HSBC that is priced at LIBOR plus 2.5% versus LIBOR plus 6% under the previous credit agreement.