Gunvor USA, a subsidiary of Gunvor Group, successfully closed the syndication of its $875 million borrowing base credit facility. Rabobank served as administrative agent and active bookrunner.
Netherlands-based bottler Refresco will acquire Cott’s bottling activities for $1.25 billion. Reuters reported J.P. Morgan led the financing to support the transaction.
Reuters reported that KKR has lined up $2.25 billion in debt financing for its leveraged buyout of vitamin-maker Nature’s Bounty.
FirstEnergy and certain of its subsidiaries entered a $4 billion revolving credit facility agented by Mizuho, a $1 billion revolver agented by PNC and a $1.2 billion term loan agented by Bank of America.
Consolidated Communications completed a refinance, which included increasing its revolving credit facility to $110 million. Wells Fargo Securities was left lead arranger.
BDO Unibank closed a $500 million syndicated term loan facility arranged by Bank of America, Deutsche Bank, HSBC, Mizuho Bank, Standard Chartered and United Overseas Bank.
The New York Times reported Kohlberg Kravis Roberts agreed to buy Sedgwick Claims Management Services, a provider of insurance claims processing, for $2.4 billion.
UCB announced the closing of an amendment to its €1.0 billion ($1.361 billion) revolver. BNP Paribas Fortis Bank, Commerzbank, ING and Mizuho acted as joint coordinating bookrunners.
Paul Hastings announced it represented J.P. Morgan Securities, Citigroup Global Markets, Wells Fargo, Mizuho and RBS Securities in connection with a $3 billion revolver for Valero Energy.