Emerald Energy Venture, a joint venture of National Grid, secured a $150 million portfolio revolving facility with an accordion feature up to $250 million. SMBC was lead arranger, bookrunner, green loan coordinator and collateral and administrative agent for the facility.
SMBC closed a $1.1 billion sustainability-linked credit facility for Bridgestone Americas, a provider of mobility and tire solutions.
David Kelly joined SMBC as U.S. chief information officer. Kelly has more than 20 years of experience, having most recently served as CMG’s chief technology officer.
Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).
Southern Missouri Bancorp, the parent corporation of Southern Bank, completed its merger with Southern Missouri Bancshares and its subsidiary, Southern Missouri Bank of Marshfield.