Baker Hughes, a GE company, entered into a credit agreement with JPMorgan Chase Bank as administrative agent.
ING Bank and J.P. Morgan Securities, among others, acted as manadated lead arrangers and bookrunners on a €600 million ($683 million), five year revolving credit facility for Worldline.
Trading company BB Energy raised a $245 million revolving credit facility to refinance existing credit and for general corporate purposes.
Gunvor Group closed an innovative $745 million secured borrowing base facility that includes performance commitments related to Gunvor’s sustainability targets.
Gunvor has signed a $1.39 billion revolving credit facility with a group of lenders. ABN AMRO Bank, Credit Agricole, Credit Suisse DBS Bank, ING Bank, Natixis, Rabobank, Société Générale Corporate & Investment Banking, UBS Switzerland and UniCredit Bank were mandated to arrange the facility.
Olam International secured a revolving credit facility $1.75 billion. Olam Treasury, a 100%-owned subsidiary of Olam, is a co-borrower.
Mercer International acquired one of Germany’s largest sawmills for $55.1 million plus defined working capital of $6.5 million. It also replaced an existing working capital facility with a $74.4 million joint revolving credit facility from Unicredit Bank.
Unicredit Bank and the European Bank for Reconstruction and Development extended Centerra Gold’s Turkish subsidiary to June 30, 2017 in order to access the project’s $150 million credit facility.
Gunvor closed a $725 million borrowing base facility, which will provide working capital for refining activities in the Amsterdam-Rotterdam-Antwerp region. ING was coordinator and the facility and security agent.
Vitol executed $8 billion in revolving credit facilities with a syndicate of 55 banks.