HSBC Provides $19.768MM Revolver to St Austell Brewery

HSBC provided a £15 million ($19.768 million) revolving credit facility to help support St Austell Brewery’s ambitious acquisition strategy and grow the company’s pub estate.

HSBC, ING Execute L/C Via Blockchain for Cargill

HSBC and ING Bank successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform.

HSBC Leads $70MM Vertex Facility

Vertex Resource Group entered into an agreement with a syndicated group of senior lenders led by HSBC Bank Canada to provide the company with $70 million senior secured credit facilities for a three-year term.

Scotiabank Leads New AutoCanada Credit Facility

AutoCanada entered into a new credit agreement providing secured credit facilities of up to $1.08 billion, subject to certain conditions precedent to funding. Scotiabank led the facility, with CIBC, RBC, HSBC and ATB participating in the syndicate.

BofA Merrill Lynch, JPMorgan Lead $8B Coty Refi

According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.

BofA Agents New $350MM Credit Agreement for CSG Systems

CSG Systems replaced its credit agreement of February 2015 with a new $350 million agreement led by Bank of America as administrative agent.

BNP Paribas, GS, Others Lead Financing to Support MFG Buy

Clayton, Dubilier & Rice-backed Motor Fuel Group completed its acquisition of MRH, the UK’s largest petrol station and convenience retail operator. The transaction is valued at approximately £1.2 billion ($1.6686 billion).

HSBC Provides $6MM Facility for Questor Technology

Questor Technology has secured a $5 million revolving capital loan and a $1 million operating loan from HSBC.

HSBC, Others Refinance $62.98MM Finsbury Revolver

HSBC, Rabobank and RBS refinanced debt facilities for Finsbury Food Group, a UK-based specialized bakery for both retail and foodservice channels.

Wells Fargo Agents $750MM Facility for Fossil

Fossil Group and Fossil Group Europe amended their credit facility with Wells Fargo as administrative agent to include a $325 million revolving credit facility and a $425 million term loan.