BofA Agents $500MM Facility for Phibro Animal Health
Phibro Animal Health entered into a credit agreement with Bank of America as administrative agent for a $250 million term A loan and a $250 million revolving credit facility.
Phibro Animal Health entered into a credit agreement with Bank of America as administrative agent for a $250 million term A loan and a $250 million revolving credit facility.
SUPERVALU completed the refinancing of a $525 million senior secured term loan credit agreement with a $315 million delayed draw term loan facility with Goldman Sachs as administrative agent.
Seafood company Marine Harvest closed a €1.206 billion ($1.3 billion) senior secured five-year multicurrency revolving credit facility with DNB, Nordea, ABN Amro, Rabobank, Danske Bank and SEB.
Spark Energy closed a new $120 million senior secured borrowing base credit facility with a lender group led by Rabobank acting as joint lead arranger, sole bookrunner and administrative agent.
Royal Philips signed an agreement with a consortium of 16 banks for a new €1 billion ($1.09 billion) revolving credit facility with an interest rate that will be dependent on the company’s year-on-year sustainability performance improvement.
Silgan Holdings amended its existing facility to provides additional borrowing capacity including $800 million to fund an acquisition. Wells Fargo Securities, Merrill Lynch, Goldman Sachs and others arranged the amended credit facility.
Yum! Brands subsidiaries refinanced an approximately $2 billion term loan b, reducing the interest rate by 0.75%. JPMorgan Chase served as administrative agent.
Herbalife closed a new $1.45 billion senior secured credit facility, consisting of a $150 million revolving credit facility maturing 2022 and a $1.3 billion term loan maturing 2023.
ABN AMRO and ING Bank led a bank syndicate in the refinancing of Wereldhave’s €300 million ($320 million) revolving credit facility.
Dean Foods amended its credit agreement with Bank of America as agent, extending the maturity date of the facility to January 4, 2022. Dean also amended the terms of its receivables securitization facility with Rabobank, New York branch, as agent.