SYNNEX entered into a new $5 billion credit facility consisting of a $1.5 billion term loan and a $3.5 billion revolving credit facility. Citigroup Global Markets is the joint lead arranger and joint bookrunner for the new revolving credit and term loan facilities.
Societe Generale, MUFG Bank, Natixis, Rabobank and ING Capital served as joint lead arrangers on a $1.7 billion one-year, senior secured borrowing base revolving facility for Mercuria’s North American operating entities.
Sumitomo Mitsui Banking acted as sole structuring bank and mandated lead arranger on a non-recourse financing package for Canadian Solar to support the financial close of its 126 MWp Tastiota project in the state of Sonora, Mexico.
J.P. Morgan led a syndicate of 37 bank participants in increasing and extending Ares Capital’s revolving credit facility. The facility was increased by $240 million to $3.6 billion and the final maturity date was extended to March 30, 2025.
Ares Management, Sumitomo Mitsui Financial Group and Sumitomo Mitsui Banking reached a strategic agreement to collaborate on future business opportunities.
AMNS Luxembourg Holding entered into a $5.146 billion 10-year term loan agreement with Japan Bank for International Cooperation, MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank Europe and Sumitomo Mitsui Trust Bank (London branch).
Etablissements Maurel & Prom signed an amendment agreement to re-profile the repayment of a $600 million term loan with the Bank of Tokyo-Mitsubishi UFJ, Natixis, PT Bank Mandiri, Sumitomo Mitsui Banking, Crédit Agricole, DBS, ING, HSBC and PT Bank Negara Indonesia.
Maersk secured a new sustainability-linked revolving credit facility of $5 billion through a syndicate of 26 selected banks.
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.