Tag Archives: Royal Bank of Canada

Canadian Imperial Bank of Commerce Expands Capstone Copper’s Revolver to $500MM

Capstone Copper closed the amendment and extension of its corporate revolving credit facility from $225 million to $500 million plus a $100 million accordion and extended the facility by four years. The Canadian Imperial Bank of Commerce is the administrative agent for the facility.

Bank of America Leads $490MM Facility Upsize for FLEETCOR Technologies

FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.

Bank of America Leads Syndicate Providing Lucid with $1B Revolving Credit Facility

Lucid Group entered into a credit agreement on June 9 with a syndicate of banks providing a secured asset-based revolving credit facility with an initial committed amount of up to $1 billion.  Bank of America is the administrative agent and swingline lender.

Bank of America Leads $4.3B Credit Facility for PBF Energy

PBF Energy completed a multi-year extension of its asset-based revolving credit facility, with an aggregate commitment of $4.3 billion. Bank of America is the joint lead arranger, joint bookrunner and administrative agent for the 35-bank syndicate participating in the credit facility.

Wells Fargo Leads Transition of Select Energy’s ABL to Sustainability-Linked Structure

Select Energy Services transitioned its existing asset-backed loan facility into a sustainability-linked loan facility, while extending the facility through March of 2027. Wells Fargo Bank was the lead arranger for the facility.

Evoqua Activates ESG-Linked Adjustment Feature Under $350MM Revolving Credit Facility

Evoqua Water Technologies activated the sustainability-linked adjustment feature available under its $350 million revolving credit facility as part of the company’s continued commitment to integrating sustainability performance into its business strategy.

BNP Paribas-Led Group Refinances $1.75B Sustainability-Linked Revolver for Bunge

Bunge closed on the refinancing of its $1.75 billion, three-year revolving credit facility. BNP Paribas, Credit Agricole, ING Bank, Natixis and Sumitomo Mitsui Banking Corporation served as active bookrunners, mandated lead arrangers and coordinators on the transaction.