Rabobank Provides $21MM Credit Facility to 8minutenergy
Independent solar developer 8minutenery Renewables has secured a $21 million USD letter of credit facility with Rabobank to promote solar development activities across North America.
Independent solar developer 8minutenery Renewables has secured a $21 million USD letter of credit facility with Rabobank to promote solar development activities across North America.
A-Mark Precious Metals established a credit line with access of up to $275 million with Rabobank, as the lead lender and administrative agent in the syndicate.
Trafigura Group successfully signed a European multi-currency syndicated revolving credit facilities totaling $5.1 billion. In a separate agreement, Trafigura closed a ¥46 billion ($413 million) three year term loan.
SunOpta entered into a new credit agreement for a secured ABL revolver in the amount of $350 million. The facility was provided by a syndicate of banks, including Bank of America, Rabobank, Bank of Montreal, JPMorgan Chase and Wells Fargo.
SUPERVALU completed the repricing, amendment and extension of its existing $1 billion asset-based revolving credit facility. Wells Fargo Bank served as administrative agent, swing line lender and LC issuer.
Marel successfully completed the refinancing of its long-term funding by entering into a $728 million all senior long-term financing agreement. ABN Amro, ING and Rabobank served as mandated lead arrangers on the deal.
Gunvor Group signed a $1.36 billion revolver in favor of Gunvor International and Gunvor SA. The mandated lead arrangers included: ABN AMRO, CACIB, Credit Suisse, DBS, ING, Natixis, Rabobank, UBS and Unicredit.
SOCAR Trading said it has signed a $150 million revolving credit facility arranged by Rabobank and Societe Generale as mandated lead arrangers. Rabobank was said to be the facility agent.
Recurrent Energy closed on a tax equity investment commitment with GE Energy Financial for a solar power project. Santander Bank arranged $260 million in financing, along with a five member bank club, to support the project.
Aegean Marine Petroleum Network announced the renewal of a $250 million secured U.S. borrowing based revolving credit facility with a lender group led by ABN AMRO as administrative agent and lead arranger.