JPMorgan Agents $2.5B Revolver for AVANGRID
AVANGRID, a sustainable energy company, closed a $2.5 billion sustainability-linked credit facility with JPMorgan as administrative agent and BBVA as sustainability agent.
AVANGRID, a sustainable energy company, closed a $2.5 billion sustainability-linked credit facility with JPMorgan as administrative agent and BBVA as sustainability agent.
Santander Bank closed a $38.5 million senior secured equipment and revolving line of credit with Cold Carriers, a refrigerated transportation company.
Santander Bank appointed David Harnisch head of portfolio management, underwriting and strategy in its commercial banking division. Harnisch joins from Citizens Financial where he held a similar position.
Santander Consumer USA Holdings named Scott Powell to succeed Jason Kulas as president and CEO, effective immediately.
Santander’s Asset-Based Lending group has executed a $40 million revolving line of credit with Uttam Galva North America, an importer and distributor of steel coils based in New York.
Alterra Power completed its $287 million financing for the Flat Top wind project in Texas with affiliates of Citi, Santander and Royal Bank of Canada.
Santander has named Robert Rubino co-president of the bank and managing director, head of Corporate and Commercial Banking. Michael Cleary, current head of Consumer and Business Banking, has been appointed co-president of the bank.
MediaMath closed a new $175 million senior secured credit facility led by Goldman Sachs, in partnership with Santander Bank.
Peninsula Petroleum signed a new $200 million receivables finance facility with a syndicate led by RBS Invoice Finance. The facility also contains an option to increase overall funding by a further $50 million.
Smart Metering Systems secured a new £280 million ($340 million) facility to fund growth from a group of banks, including Barclays, Santander UK and Bank of Scotland.