Tag Archives: ING Bank

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.

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.

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.

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.

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.

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.

Citigroup-Led Syndicate Arranges $280MM Term Loan for Harsco

As part of a syndicate of 14 banks, Citigroup served as a joint lead bookrunner and joint lead arranger for a new $280 term loan facility for Harsco Corporation.