BNP Paribas Agents Freepoint Commodities Facility Upsize
Freepoint Commodities closed a $1.45 billion revolver encompassing a $1 billion committed tranche and a $450 million tranche that was upsized from $300 million.
Freepoint Commodities closed a $1.45 billion revolver encompassing a $1 billion committed tranche and a $450 million tranche that was upsized from $300 million.
Trafigura Group successfully signed a European multi-currency syndicated revolving credit facilities totaling $5.1 billion. In a separate agreement, Trafigura closed a ¥46 billion ($413 million) three year term loan.
Transcom WorldWide signed a syndicated credit agreement with ING, Nordea and SEB to implement a €90 million ($99.1 million) multi-currency revolving credit facility.
Marel successfully completed the refinancing of its long-term funding by entering into a $728 million all senior long-term financing agreement. ABN Amro, ING and Rabobank served as mandated lead arrangers on the deal.
Reuters reported natural resources company Glencore has launched a senior syndication of a refinancing of a $8.45 billion revolver. Active bookrunners on the deal are ABN AMRO, HSBC, ING, Bank of Tokyo Mitsubishi UFJ and Santander
Gunvor Group signed a $1.36 billion revolver in favor of Gunvor International and Gunvor SA. The mandated lead arrangers included: ABN AMRO, CACIB, Credit Suisse, DBS, ING, Natixis, Rabobank, UBS and Unicredit.
Cologix completed its acquisition of Net Acess. TD Securities and CIT were said to have arranged an increase in the company’s credit facility to $375 million to finance the acquisition.
Aegean Marine Petroleum Network announced the renewal of a $250 million secured U.S. borrowing based revolving credit facility with a lender group led by ABN AMRO as administrative agent and lead arranger.
Tieto refinanced its long-term syndicated credit facility with a new facility of EUR 150 million ($165 million).
Fifth Street Finance announced additional commitments from one new and one existing lender to its syndicated credit facility led by ING Capital.