Mercuria’s North American operating entities closed its $3.4 billion multi-year senior secured borrowing base credit facility. The facility was over-subscribed, enabling Mercuria to increase the size by $100 million.
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.
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.