MUFG Agents $3B Facility for Trafigura
Trafigura Trading, a wholly-owned subsidiary of Trafigura Group, renewed its North American credit facility, downsizing the borrowing base from $3.5 billion to $3 billion.
Trafigura Trading, a wholly-owned subsidiary of Trafigura Group, renewed its North American credit facility, downsizing the borrowing base from $3.5 billion to $3 billion.
Sabre closed a $400 million revolver and a $600 million term loan. Bank of America Merrill Lynch served as the administrative agent and collateral agent for the transactions.
Freepoint Commodities closed a $1.45 billion revolver encompassing a $1 billion committed tranche and a $450 million tranche that was upsized from $300 million.
Gunvor Group signed a $1.36 billion revolver in favor of Gunvor International and Gunvor SA. The mandated lead arrangers included: ABN AMRO, CACIB, Credit Suisse, DBS, ING, Natixis, Rabobank, UBS and Unicredit.
Gran Tierra Energy secured a credit facility of up to $500 million from a syndicate led by Scotiabank, as admin agent, and Scotiabank and Societe Generale as joint lead arrangers and joint bookrunners.
Aegean Marine Petroleum Network announced the renewal of a $250 million secured U.S. borrowing based revolving credit facility with a lender group led by ABN AMRO as administrative agent and lead arranger.
Fifth Street Management announced the closing of Fifth Street Senior Loan Fund II, a $305 million multi-tranche financing facility for which Natixis served as sole lead arranger and placement agent.
WhiteHorse Finance announced its wholly owned subsidiary, WhiteHorse Finance Warehouse, amended the terms of its revolver to lower borrowing costs and provide more flexibility. Natixis, New York served as agent for the facility.
Fifth Street Senior Floating Rate announced it closed a $100 million credit facility with Natixis.