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.
Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.
The Financial Times reported that Chinese car maker FAW Group signed a $144 billion credit line with 16 banks, including China Construction Bank, Industrial and Commercial Bank of China, Bank of China and Agricultural Bank of China.
Nu Skin Enterprises closed a $400 million term loan facility and a $350 million revolving credit facility with Bank of America as administrative agent.
Pool Corporation amended its existing senior credit facility, increasing the borrowing capacity to $750 million from $465 million. Wells Fargo was administrative agent and joint lead arranger.
United Continental Holdings and United Airlines closed a credit facility with JPMorgan as administrative agent. The facility provides for a term loan of $1.5 billion and a revolving credit facility of $2 billion.
Walt Disney Company entered into a new $2.5 billion 364-day credit agreement with a syndicate of lenders led by JPMorgan Chase and Citibank as co-administrative agents.
Cheniere Energy Partners has closed on the previously announced approximately $2.8 billion of senior secured credit facilities. Bank of America and JPMorgan Chase are among 16 banks that provided the facility.