CIBC Expands Revolving Credit Facility with Capstone Copper to $700MM, Extends Maturity to 2027

Capstone Copper amended its existing revolving credit facility to increase the aggregate commitments from $600 million to $700 million and extend the maturity from May 2026 to September 2027.

September 26, 2023 Bank of Nova Scotia | Capstone Copper | CIBC | ING Bank | Raman Randhawa Ian Koplin

Bank Syndicate Provides $350MM Revolving Credit Facility to BB Energy Group

BB Energy Group Holding, a globally integrated commodities group, signed a one-year, $350 million revolving credit facility. ING Bank as documentation agent and facility agent of this new transaction.

July 18, 2023 Abu Dhabi Commercial Bank | Banca UBAE | Bank ABC | BB Energy Group Holding | CA Indosuez | Citibank | Garanti Bank | Gregory Lambillon | HSBC | ING Bank | Jacques Erni | Mashreqbank | Natixis | Societe Generale | UBS Switzerland AG Ian Koplin

Bank Syndicate Provides $1.125B Revolving Credit Facility to Gunvor

Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group, closed a $1.035 billion sustainability-linked, syndicated revolving credit facility. The borrower has further upsized the facility by $90 million via an accordion feature, bringing the total facility amount to $1.125 billion.

July 17, 2023 Abu Dhabi Commercial Bank | Agricultural Bank Of China | Arab Petroleum Investments Corporation (APICORP) | Banque Internationale de Commerce - BRED (Suisse) | China Citic Bank | Commerzbank Aktiengesellschaft | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | Credit Suisse | DBS Bank | Emirates NBD Bank | First Abu Dhabi Bank | Gunvor Singapore | Habib Bank | Indian Bank | ING Bank | Jean Rohr | Krung Thai Bank | Mizuho Bank | MUFG Bank | National Bank of Fujairah | Natixis | Oversea-Chinese Banking Corporation | Societe Generale | State Bank of India | Sumitomo Mitsui Trust Bank | UBS | United Overseas Bank Ian Koplin

Crédit Agricole Agents $175MM Upsize to Eagle Bulk Shipping’s Credit Facility

Eagle Bulk Shipping, an operator of midsize drybulk vessels, amended its credit agreement to increase borrowing capacity by $175 million, among other changes. Crédit Agricole is the facility agent for the loan.

May 18, 2023 Credit Agricole | Crédit Agricole Corporate Investment Bank | Danish Ship Finance | Deutsche Bank | DNB Markets | Eagle Bulk Shipping | Filial I Norge | Gary Vogel | ING Bank | Nordea Bank | Skandinaviska Enskilda Banken Ian Koplin

Freepoint Commodities Renews Credit Facility at $2.63B with BNP Paribas-Led Syndicate

Freepoint Commodities closed a $2.63 billion revolving bank facility. The facility consists of a $1.57 billion, three-year committed tranche and a $1.05 billion, one-year uncommitted tranche. Additionally, the facility has a $570 million accordion feature. BNP Paribas is the administrative agent for the facility.

June 10, 2022 Bank of China | BNP Paribas Securities | Commonwealth Bank of Australia | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | Credit Suisse | David A. Messer | Deutsche Bank AG | HSBC Bank USA | Industrial and Commercial Bank of China | ING Bank | Mizuho Bank | MUFG Bank | Natixis | Oversea-Chinese Banking Corporation | Societe Generale | Sumitomo Mitsui Banking Corporation | UBS Switzerland AG | Wells Fargo Bank Ian Koplin

Evoqua Activates ESG-Linked Adjustment Feature Under $350MM Revolving Credit Facility

Evoqua Water Technologies activated the sustainability-linked adjustment feature available under its $350 million revolving credit facility as part of the company’s continued commitment to integrating sustainability performance into its business strategy.

March 1, 2022 BNP Paribas | Citizens Financial Group | Credit Suisse Group | ING Bank | JPMorgan Chase | MUFG Union Bank | PNC Financial Services Group | Royal Bank of Canada | The Bank of Montreal | The Goldman Sachs Group Ian Koplin

BNP Paribas-Led Group Refinances $1.75B Sustainability-Linked Revolver for Bunge

Bunge closed on the refinancing of its $1.75 billion, three-year revolving credit facility. BNP Paribas, Credit Agricole, ING Bank, Natixis and Sumitomo Mitsui Banking Corporation served as active bookrunners, mandated lead arrangers and coordinators on the transaction.

December 17, 2021 ANZ Banking Group | Banco Santander | Bank of China | Bank of Montreal | BNP Paribas | Bunge | Bunge Finance Europe B.V | Citibank | Credit Agricole Corporate and Investment Bank | Deutsche Bank | Industrial and Commercial Bank of China | ING Bank | John Neppl | Mizuho Bank | MUFG Bank | Natixis | Rabobank | Royal Bank of Canada | Standard Chartered Bank | Sumitomo Mitsui Banking Corporation | U.S. Bank | Wells Fargo Bank Ian Koplin

ING Bank and DBS Bank Underwrite $185MM Debt Refinancing for Startek

ING Bank and DBS Bank served as underwriters on a $185 million senior debt facility comprising a $165 million term loan and a $20 million revolving credit facility for CSP Alpha Holdings, a wholly-owned subsidiary of Startek. 

February 25, 2021 Aparup Sengupta | CSP Alpha Holdings | DBS Bank | ING Bank | Startek Phil Neuffer

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.

June 29, 2020 Bank of America | Bank of the West | BMO Harris Bank | Citigroup Global Markets | Fifth Third Bank | Goldman Sachs Bank | Harsco | HSBC Bank | ING Bank | KeyBank | Pete Minan | PNC Bank | Royal Bank of Canada | Santander Bank | The Huntington National Bank | Trust Bank Phil Neuffer

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.

May 7, 2020 ABN Amro Capital | Bank of China | BNP Paribas Securities | Coöperatieve Rabobank | Credit Agricole Corporate and Investment Bank | Credit Suisse | David A. Messer | Deutsche Bank | Freepoint Commodities | Freepoint Commodities Holdings | HSBC Bank | Industrial and Commercial Bank of China | ING Bank | MUFG Bank | Natixis | Oversea-Chinese Banking Corporation Limited | Societe Generale | Standard Chartered Bank | UBS Switzerland | Wells Fargo Bank Phil Neuffer