Mercuria Energy Trading closed $2.17 billion in multi-currency revolving credit facilities with a syndicate of lenders that included Bank of China, Coöperatieve Rabobank and Crédit Agricole.
Inspired Entertainment completed a £7.5 million ($9.5 million) revolving credit facility with Lloyds Bank as administrative agent.
Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).
Chicago Mercantile Exchange renewed its 364-day multi-currency credit facility with Bank of America as administrative agent.
Innospec completed the acquisition of the European Differentiated Surfactants business from Huntsman. To support the transaction, Lloyds Bank added a $110 million term loan to Innospec’s credit facility.
AMG Advanced Metallurgical Group closed a new facility, increasing its borrowing ceiling from $320 million to $400 million. The maturity has been extended from May 2018 to July 2021. HSBC coordinated the financing.
Price comparison company Moneysupermarket.com increased its revolving credit facility from $75 million to $150 million with Barclays and Lloyds Bank.
Innospec announced successful closure on an amendment to its multi-currency revolving credit agreement with Barclays, Credit Suisse, Lloyds Bank, The Royal Bank of Scotland, U.S. Bank and Wells Fargo.