AgroFresh closed its comprehensive refinancing, including an amendment and extension of its senior secured credit facilities. BMO Capital Markets acted as sole financial advisor and left-lead bookrunner, while Deutsche Bank and ING acted as joint lead arrangers and joint bookrunners.
Etablissements Maurel & Prom signed an amendment agreement to re-profile the repayment of a $600 million term loan with the Bank of Tokyo-Mitsubishi UFJ, Natixis, PT Bank Mandiri, Sumitomo Mitsui Banking, Crédit Agricole, DBS, ING, HSBC and PT Bank Negara Indonesia.
Capitala Finance amended its senior secured revolving credit agreement with ING Capital as administrative agent, arranger and bookrunner.
Norsk Hydro signed a $1.6 billion revolving multi-currency credit facility with the margin linked to Hydro’s greenhouse gas emission target.
Mercuria’s North American operating entities closed a $1.9 billion one-year senior secured borrowing base revolving credit facility.
Groupe Casino signed a new €2 billion ($2.2 billion) revolving credit facility, which will mature in October 2023, as part of its refinancing plan. Twenty-five banks joined the syndicate.
ING Capital led a $300 million syndicated financing on behalf of GT Commodities, the North American trading hub for Gerald Group, the world’s largest employee owned metals merchant.
Lundin Mining amended its credit agreement, increasing its secured revolving credit facility to $800 million with a $200 million accordion option.