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.
Digital Realty, a global provider of data center, colocation and interconnection solutions, has completed the refinancing of its global credit facilities, totaling $3.3 billion.
Aspen Holdings closed multi-currency syndicated facilities equivalent to approximately €3.4 billion ($4 billion). MUFG and Nedbank served as global coordinators, initial mandated lead arrangers and bookrunners.
Akamai Technologies entered into a five-year, $500 million revolving credit agreement with JPMorgan Chase as administrative agent, sole bookrunner and joint lead arranger.