Tag Archives: Sumitomo Mitsui Banking Corporation

JPMorgan Chase Upsizes HASI’s Revolver to $840MM

Hannon Armstrong Sustainable Infrastructure Capital (HASI), an investor in climate solutions, amended its revolving credit facility, increasing the committed line under the revolving credit facility by $240 million to $840 million. JPMorgan Chase Bank is the administrative agent for the facility.

Excelerate Energy Amends and Restates $600MM Senior Secured Credit Facility with Syndicate

Excelerate Energy entered into an amended and restated senior secured credit agreement. Proceeds from the term loan facility are intended to be used for the acquisition of the FSRU Sequoia, which is currently under a bare boat charter with a third party until mid-2025.

Syndicate of Lenders Close Oversubscribed $3.4B Revolving Credit Facility with Mercuria

Mercuria’s North American operating entities closed its $3.4 billion multi-year senior secured borrowing base credit facility. The facility was over-subscribed, enabling Mercuria to increase the size by $100 million.

Scotiabank Leads $2B Multi-Facility Transaction

Phoenix Tower International amended and restated its senior credit facilities to consolidate and expand them into a single $2 billion senior secured multi facility transaction covering all of North and South America.

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.

Freepoint Commodities Renews Credit Facility at $2.63B with BNP Paribas-Led Syndicate

Freepoint Commodities closed a $2.63 billion revolving bank facility. The facility consists of a $1.57 billion, three-year committed tranche and a $1.05 billion, one-year uncommitted tranche. Additionally, the facility has a $570 million accordion feature. BNP Paribas is the administrative agent for the facility.

JPMorgan Chase Leads $350MM Senior Secured Revolving Credit Facility to Excelerate Energy

Excelerate Energy and Excelerate Energy Limited Partnership entered into a senior secured revolving credit facility. JPMorgan Chase Bank is acting as administrative agent for the facility.