Aligned completed a $1 billion senior secured credit facility — the first U.S. data center sustainability-linked financing. TD Securities was the administrative and collateral agent and Goldman Sachs Lending Partners as the syndication agent.
ING Capital led a $235 million syndicated financing on behalf of Auramet Trading and Auramet International, a precious metals merchant.
A syndicate of five international financial institutions, including BNP Paribas, ING Capital, Mizuho Bank, Natixis and Société Générale will act as the mandated lead arrangers for a $325 million senior secured project finance facility for Horizonte Minerals.
The Bank of Nova Scotia is serving as administrative agent for an amendment to a first lien secured revolving credit facility for Trevali Mining, which also entered into an up to $20 million second lien secured facility agreement with Glencore Canada.
MUFG Bank acted as administrative agent and first lien collateral agent on a $1.1 billion Climate Bonds Certified financing for Geysers Power Company, which is a wholly-owned subsidiary of Calpine.
In conjunction with a $150 million capital raise by Ares Management for IGS Resi Solar III, ING arranged a seven-year, $146 million senior secured financing for IGS Resi OpCo II.
Macquarie Infrastructure Partners, BlueMountain Capital Management and Goldman Sachs Bank increased Aligned’s secured credit facility to $575 million. In addition, ING Capital, Shinhan Bank New York Branch and TD Securities joined as new facility lenders.
A syndicate of seven banks led by ING Capital extended BlackRock TCP Capital’s SVCP revolving credit facility by one year to May 6, 2024. The size of the facility remains $270 million, and the pricing and advance rates were unchanged.
ING Capital increased Petros PACE Finance’s credit facility, which was joined by a three-bank syndicate consisting of Stifel Bank, Midwest BankCentre and Providence Bank.
According to an 8K filed with the SEC, ING Capital served as administrative agent, Hancock Whitney Bank served as assuming lender and Texas Capital Bank served as documentation agent for a $30 million increase to Capital Southwest’s senior secured credit facility.