Gerald Group, an independent and employee-owned metals trading house, refinanced GT Commodities’ borrowing base facility at $450 million. GT Commodities is Gerald Group’s North American trading hub.
ING Capital led a $300 million syndicated financing on behalf of Auramet Trading and Auramet International, a precious metals merchant. ING acted as mandated lead arranger, bookrunner and administrative agent on the oversubscribed deal, which closed on July 30.
Rabobank provided a $50 million debt facility to help Redaptive, a San Francisco-based company providing energy and metering solutions to companies in a variety of industries, expand its commercial and industrial customer base.
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.
Societe Generale, MUFG Bank, Natixis, Rabobank and ING Capital served as joint lead arrangers on a $1.7 billion one-year, senior secured borrowing base revolving facility for Mercuria’s North American operating entities.
Gerald Group renewed its North American syndicated borrowing base credit facility, as its trading hub, GT Commodities, closed its $240 million facility with an oversubscription from an initial launch amount of $175 million. ING Capital was lead lender and administrative agent.
Bell & Evans, a vertically integrated poultry processor, and Rabobank closed a $300 million senior secured credit facility, which is the first green loan in the U.S. poultry sector.
A-Mark Precious Metals expanded its existing credit facility from $220 million to $257.5 million. The expanded credit facility matures on March 26, 2021. Rabobank acted as administrative agent, bookrunner and joint lead arranger.
ING Capital led a $235 million syndicated financing on behalf of Auramet Trading and Auramet International, a precious metals merchant.
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.