Citi Europe Agents Royal Caribbean Cruises Credit Agreements

Royal Caribbean Cruises entered into credit agreements for the financing of ships scheduled for delivery in fall 2018 and the first half of 2020. Citibank Europe served as facility agent.

Deutsche Bank Agents $2.8B Facilities for ON Semiconductor

ON Semiconductor entered into a $600 million revolving credit facility and a $2.2 billion term loan B facility with a group of lenders led by Deutsche Bank, NY as administrative agent.

Wells Fargo Agents Upsize to $1.2B for Holly Energy Partners

Holly Energy Partners amended its existing revolving credit facility to increase the maximum amount from $850 million to $1.2 billion. Wells Fargo served as administrative agent for the transaction.

Citibank Agents $3.55 Billion Revolver, Term Loan For Digital Realty

Digital Realty Trust has completed the refinancing of its global revolving credit facility and term loan. Citibank served as administrative agent for the transaction.

GE Sells Japanese Commercial Leasing Business to Sumitomo Mitsui

GE signed an agreement to sell its commercial lending and leasing business in Japan, including Capital Finance, Fleet Service and Vendor Finance, to Sumitomo Mitsui Finance and Leasing.

Sumitomo Mitsui Closes Corporate Capital’s New $200MM Credit Facility

Corporate Capital Trust has closed a new $200 million credit facility with Sumitomo Mitsui Banking Corporation.

Two Bidders Remain for GE’s Japanese Commercial Finance Unit

According to The Wall Street Journal, Sumitomo Mitsui Financial Group and Shinsei Bank are the last two bidders in the running for GE’s roughly $5 billion Japanese commercial finance unit.

Citi Agents VWR New $1.67B Senior Secured Credit Facility

VWR secured a new senior secured credit facility consisting of a $910 million term loan A facility, a €460 million ($513.44 million) term loan B facility and a $250 million multi-currency revolving credit facility. Citibank served as administrative agent.

GE Completes Sale of European Sponsor Finance Business

GE completed the previously announced sale of its European Sponsor Finance business to Sumitomo Mitsui representing an aggregate ending net investment of approximately $2.1 billion.

GE Agrees to Sumitomo Mitsui’s Offer for Sponsor Finance Business

In concert with its continued plan to sell off GE Capital assets, GE has agreed to an offer of $2.2 million for acquisition of its European sponsor finance business by Sumitomo Mitsu.