BofA, Others Arrange $2.15B Facility for KBR
Houston-based KBR entered into a new $2.15 billion senior secured credit facility.
Houston-based KBR entered into a new $2.15 billion senior secured credit facility.
Mining company Centerra Gold entered into a $500 million four-year senior secured revolving credit facility with a syndicate of eight financial institutions as lenders, led by The Bank of Nova Scotia and National Bank of Canada.
ING Capital, along with four other lenders, provided commitments for a $300 million senior secured project finance facility for Lundin Gold.
Sandstorm Gold amended its revolving credit agreement, allowing the company to borrow up to $150 million for general corporate purposes. The Bank of Nova Scotia, among others, led the amendment.
Whitecap Resources entered into an agreement to purchase light oil assets in Southeast Saskatchewan for $940 million. National Bank of Canada served as administrative agent for an increase of the company’s facility to $1.7 billion to support the purchase.
Osisko Gold Royalties amended its revolving credit facility, increasing the amount from $150 million to $350 million, with an additional uncommitted accordion of up to $100 million.
Chicago Mercantile Exchange renewed its 364-day multi-currency credit facility with Bank of America as administrative agent.
Toymaker Hasbro amended its credit agreement with Bank of America as administrative agent. The new agreement increased the aggregate size of the facility to $1 billion and provided for a $700 million revolving credit facility.
B2Gold secured an increase to $500 million for its revolving credit facility led by HSBC as administrative agent, sole lead arranger and sole book runner.
Tahoe Resources amended its credit agreement with a syndicate of lenders led by the Bank of Nova Scotia, increasing revolving funds to $300 million and adding a $50 million accordion feature.