Mercuria’s North American operating entities closed a multi-year, $2.2 billion senior secured borrowing base credit facility. Societe Generale acted as administrative agent and collateral agent for the facility.
Societe Generale, MUFG Bank, Natixis, Rabobank and ING Capital served as joint lead arrangers on a $1.7 billion one-year, senior secured borrowing base revolving facility for Mercuria’s North American operating entities.
Mercuria Energy Group announced it successfully completed the acquisition of JPMorgan Chase Physical Commodities Business. Mercuria also acquired Henry Bath, a metals handling business.