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.
Rabobank is serving as administrative agent and active bookrunner on a $1.1 billion borrowing base credit facility, which includes a $500 million accordion, for Gunvor USA. ING Capital, Natixis and Société Générale are joint bookrunners and joint lead arrangers.
Welbilt amended its senior secured credit facility, increasing the borrowing limit for the revolving credit facility to $400 million from $275 million and extending maturity date to October 23, 2023.
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.
Walt Disney Company entered into a new $2.5 billion 364-day credit agreement with a syndicate of lenders led by JPMorgan Chase and Citibank as co-administrative agents.