RBS, HSBC, Allied Irish Provide $174MM to CVS Group
Veterinary services provider CVS Group, in concert with two acquisitions, has agreed to new banking facilities totaling $173.7 million with Royal Bank of Scotland, HSBC and Allied Irish Banks.
Veterinary services provider CVS Group, in concert with two acquisitions, has agreed to new banking facilities totaling $173.7 million with Royal Bank of Scotland, HSBC and Allied Irish Banks.
The Royal Bank of Scotland appointed Agness Nairn as the head of its Asset-Based lending team in Scotland.
UK solar investor Bluefield Solar Income Fund agreed to acquire 28 feed-in tariff PV systems in the UK for $9.4 million. The deal was funded through the Fund’s Royal Bank of Scotland revolver.
BNP Paribas has agreed to a five-year term loan facility for up to $165 million with Diana Shipping to pay off the Royal Bank of Scotland.
Eagle Bulk Shipping said it entered into a restructuring support agreement with lenders holding more than 85% of its loans outstanding. To implement the RSA has filed a “prepackaged” Chapter 11 case.
PerkinElmer announced it entered into a $700 million revolver with PerkinElmer Wallac Oy and PerkinElmer Health Sciences. JPMorgan Chase acted as administrative agent.
Sandvik completed an amendment of its credit facility. Handelsbanken, Nordea and SEB acting are coordinating mandated lead arrangers and bookrunners.
Bloomberg reported that six international banks were fined a record $2.3 billion by the European Union for rigging rates linked to LIBOR.
SYNNEX announced completion of a new financing arrangement to fund the acquisition of IBM’s customer relationship management business, as well as SYNNEX’ general working capital requirements.
Mercuria Energy Trading closed on a new $1.8 billion revolving credit agreement. BNP Paribas, RBS and Rabobank were among the mandated lead arrangers and bookrunners for the lender syndicate.