HSBC, Commerzbank, DZ Bank, Rabobank, NRW Bank and Sparkasse Düsseldorf collaborated on the refinancing of €80 million ($94.11 million) of Oryx Stainless Group’s previous €100 million ($117.64 million) credit facility.
MUFG Bank acted as administrative agent and first lien collateral agent on a $1.1 billion Climate Bonds Certified financing for Geysers Power Company, which is a wholly-owned subsidiary of Calpine.
ING Bank coordinated the refinancing of Royal Boskalis Westminster’s revolving credit facility, which will provide the company with €500 million ($547.37 million) in committed bank financing until April 2025.
Rabobank acted as administrative agent, bookrunner and joint lead arranger on the renewal of A-Mark Precious Metals’ existing $270 million credit facility. Natixis acted as joint lead arranger and syndication agent for the facility.
Rabobank served as administrative agent for an amendment to Herbalife Nutrition’s existing credit agreement, which increased borrowing capacity, extended the maturity date and reduced the interest rate applicable to its $250 million revolver and $234 million term loan A facility.
Maple Leaf Foods has become the first company in Canada to secure sustainability-linked terms for its credit facilities. BMO Capital Makets acted as sustainability structuring agent.
Groupe Casino signed a new €2 billion ($2.2 billion) revolving credit facility, which will mature in October 2023, as part of its refinancing plan. Twenty-five banks joined the syndicate.
Dean Foods and substantially all of its subsidiaries have initiated voluntary Chapter 11 reorganization proceedings in the Southern District of Texas.
ING Capital led a $300 million syndicated financing on behalf of GT Commodities, the North American trading hub for Gerald Group, the world’s largest employee owned metals merchant.
Pipeline Foods completed the renewal and syndication of its operating line led by Rabobank, and including ING Capital and CoBank in the syndicate.