BayWa r.e. secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar storage projects as it continues to grow its footprint in the U.S. clean energy market.
Origis Energy closed an upsizing amendment to its development finance facility, doubling capacity to $750 million. With enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar and energy storage project pipeline.
Aypa Power closed $320 million of letter of credit and revolving credit facilities led by Banco Santander, Investec and Nomura as coordinating lead arrangers and joint bookrunners.
Origis Energy, a renewable energy platform, closed a $375 million credit facility for its solar and energy storage development project pipeline.
L Catterton entered into a definitive agreement to acquire a controlling interest in West Marine, an omnichannel platform in the marine aftermarket, from Monomoy Capital Partners. Barclays Bank, Golub Capital and Nomura provided committed debt financing to support the transaction.
Deutsche Bank, Landesbank Hessen-Thüringen (Helaba) and Norddeutsche Landesbank (NORD/LB), along with existing lenders, expanded 8minute Solar Energy’s $225 million revolving credit facility to $350 million.
BJ’s Wholesale club amended its first lien term loan agreement with Nomura Corporate Funding as administrative agent and its ABL agreement with Wells Fargo as administrative agent
Ortho-Clinical Diagnostic refinanced its credit agreement. The amended agreement consists of a $2.325 billion term B loan and a $350 revolving credit facility.
Reuters reported that Barclays, Nomura and UBS led the leveraged loan financing to support Bain Capital and Cinven’s buyout of German drug maker Stada.
Reuters reported Air Medical Group, a KKR portfolio company, will borrow $2.2 billion to support its acquisition of American Medical Response. Morgan Stanley, Goldman Sachs, Jefferies, BofA Merrill Lynch, Credit Suisse, Citi and Numura are leading the bank group.