DnB and Nordea served as lenders for Bilia, which refinanced its current revolving loan and credit facility of SEK 1.5 billion ($144.6 million) with regular maturity during Q3/2020.
BNP Paribas, Handelsbanken and Nordea acted as coordinating mandated lead arrangers and bookrunners for a €750 million revolving credit facility for UPM.
Diamond S Shipping closed a five-year $525 million credit facility, composed of a $375 million term loan and a $150 million revolving credit facility.
Eagle Bulk Ultraco closed on a $34.3 million incremental term loan under its existing five-year senior secured term loan facility, which bears an interest rate of LIBOR plus 2.50% and matures in 2024.
Nordea acted as coordinating bookrunner and mandated lead arranger on two revolving credit facilities totaling €800 million ($872 million) for Metso.
Eagle Bulk Ultraco, a wholly owned subsidiary of Eagle Bulk Shipping, closed on a new five-year senior secured facility totaling $208.4 million. Financing participants on the facility included ABN AMRO and Credit Agricole CIB.
Scorpio Bulkers received a commitment from Nordea, New York branch, and Skandinaviska Enskilda Banken for a loan facility of up to $184 million.
Crude oil tanker company DHT Holdings closed a $485 million secured credit facility agreement with a six-year tenor for the refinancing of its credit facility. ABN Amro increased the company’s revolver from $43.4 million to $57 million.
Oriflame Cosmetics has signed a new Revolving Credit Facility amounting to €110 million ($131 million) in total with its existing core relationship banks HSBC Bank, ING Bank, Nordea, Raiffeisen Bank International and SEB.
Offshore oil rig driller Seadrill entered into a restructuring agreement with more than 97% of its secured bank lenders, approximately 40% of its bondholders and a consortium of investors led by its largest shareholder, Hemen Holding.