U.S. Silica Holdings, an industrial minerals company and last-mile logistics provider to the oil and gas industry, completed the repricing of its seven-year, $950 million senior secured term loan B. BNP Paribas Securities is acting as administrative agent for the term loan.
Aircastle amended and extended all of its existing revolving credit facilities, increasing the aggregate capacity of the facilities to $2.1 billion and extending the maturity dates to 2027 and 2028.
Digi International, a global provider of business and mission critical Internet of Things products, services and solutions, entered into a new senior secured credit facility. Lenders for the facility include BMO Bank, as administrative agent, Bank of America and MUFG Bank.
Alternative asset management firm HarbourView Equity Partners amended its senior secured credit facility led by Fifth Third Bank, increasing the capacity of the facility by $100 million to $300 million.
Six One Commodities (61C) closed a $700 million expansion and renewal of its one-year revolving borrowing base credit facility. The facility includes a $300 million accordion feature, bringing total capital available to $1 billion.
Aypa Power, a Blackstone portfolio company and an independent power producer specializing in the development, construction and operations of utility-scale energy storage and hybrid renewable energy projects, closed a $550 million portfolio debt and tax equity financing with a syndicate of lenders.
Altius Renewable Royalties entered into senior secured credit financing agreements in the aggregate amount of $247 million. MUFG Bank and Natixis Corporate & Investment Banking are coordinating lead arrangers, bookrunners, syndication agents and hedge providers with respect to the facilities.
ATN International completed a $300 million debt financing that includes extending and expanding its senior secured credit facilities, consisting of a five-year $170 million revolving line of credit and a six-year $130 million term loan.
Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group, closed a $1.035 billion sustainability-linked, syndicated revolving credit facility. The borrower has further upsized the facility by $90 million via an accordion feature, bringing the total facility amount to $1.125 billion.
First Solar entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. JPMorgan Chase Bank acted as lead arranger and is administrative agent for the facility.