Citibank, MUFG, Others Close Zain Group $700 million Refi
Middle Eastern telecom provider Zain Group closed a $700 million, five-year revolving credit facility with a syndicate of regional and international banks.
Middle Eastern telecom provider Zain Group closed a $700 million, five-year revolving credit facility with a syndicate of regional and international banks.
SoftBank entered into a senior loan agreement in the amount of ¥1.6 trillion ($14.361 billion). The loan will mature in September 2024.
Cantel Medical amended its $600 million credit agreement with Bank of America as administrative agent in conjunction with the company’s acquisition of Stericycle’s CES business.
Celestica entered into a new $800 million credit facility with a syndicate of lenders and Bank of America as administrative agent.
Microchip Technology completed its acquisition of Microsemi in a deal valued at $10.3 billion. JPMorgan agented an amendment to the company’s credit facility that provided a revolving loan of approximately $3.8 billion and a $3 billion term loan.
Microchip Technology amended its credit facility dated June 27, 2013 with JPMorgan Chase Bank. The amended facility provides for a revolving loan of approximately $3.8 billion.
Freepoint Commodities closed a $2.1 billion revolving bank facility. BNP Paribas served as administrative agent on the transaction.
Takeda Pharmaceutical entered into a 364-day bridge credit agreement for an aggregate principal amount of up to $30.85 billion to finance its acquisition of Shire. JPMorgan served as administrative agent on the transaction.
Houston-based KBR entered into a new $2.15 billion senior secured credit facility.
Mitsubishi UFJ Financial Group’s core commercial banking subsidiary, The Bank of Tokyo-Mitsubishi UFJ, changed its name to MUFG Bank as of April 1, 2018.