A group of lenders led by Bank of America and Merrill Lynch have committed to providing Albertsons with a $4.667 billion facility to support the company’s merger with Rite Aid.
Calpine closed a new $1 billion first lien term loan facility maturing in January 2025. Credit Suisse served as administrative agent for the transaction.
Global software developer SAP signed a new €2.5 billion ($2.97395 billion) credit facility agreement, refinancing a previous credit facility of €2.0 billion ($2.37916 billion) that would have expired in 2020.
Chicago Mercantile Exchange renewed its 364-day multi-currency credit facility with Bank of America as administrative agent.
Subsidiaries of Singapore Telecommunications Limited entered into agreements for total credit facilities of approximately S$4.1 billion ($2.94 billion) for general corporate purposes and refinancing of existing facilities. Bank of America, BNP Paribas and Citibank were part of 12-bank syndicate.
ING, the Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking closed a $115 million, five-year pre-export financing to Vicentin, one of Argentina’s largest agriculture exporters.