BB Energy Group Holding, a globally integrated commodities group, signed a one-year, $350 million revolving credit facility. ING Bank as documentation agent and facility agent of this new transaction.
Freepoint Commodities closed a $2.63 billion revolving bank facility. The facility consists of a $1.57 billion, three-year committed tranche and a $1.05 billion, one-year uncommitted tranche. Additionally, the facility has a $570 million accordion feature. BNP Paribas is the administrative agent for the facility.