Citi, UniCredit, Other Arrange $11B Revolver for Volkswagen

Volkswagen closed a €10 billion ($11 billion) five-year revolving credit facility with Citigroup, Credit Agricole and UniCredit as arrangers and coordinators.

Deutsche, UniCredit, Others Provide $331MM Revolver for ALSO

The ALSO Group completed a new €300 million ($331 million) revolving credit facility that marks the successful Europe-wide technology provider’s debut in the syndicated credit market.

JPMorgan Agents New $750MM Facility for Vishay

Vishay Intertechnology has entered into a new $750 million credit facility. JPMorgan served as administrative agent.

BofA Merrill Lynch, JPMorgan Lead $8B Coty Refi

According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.

J.P. Morgan, Others Launch $315MM Loan to Support St. Hubert Buy

Reuters reported that a banking group led by J.P. Morgan, Societe General and Unicredit will aid Beijing Sanyuan Foods and Chinese conglomerate Fosun Group in their acquisition of St. Hubert, a French margarine maketer, by launching a €270 million ($315 million) leveraged loan financing.

Natisix, Unicredit Lead Glennmont Partners $220MM Refi

Glennmont Partners has successfully completed the refinancing of SER, one of Italy’s largest operating wind portfolios, for €190 million ($220 million).

BofA, HSBC Lead Oxea $1B Plus Refi

Oxea, a global manufacturer of oxo chemicals, closed a €900 million ($1.06 billion) equivalent first lien term loan. The company also entered into a new and significantly upsized €137.5 million ($162 million) six-year revolving credit facility.

Deutsche, JPMorgan, Others Lead Techem $1.99B Portable Loan Refi

Reuters reported German metering group Techem has launched a €1.75 billion ($1.99 billion) refinancing that will be offered with portability, enabling the new loans to stay in place if a sale goes ahead.

WSJ: UniCredit to Raise $14B, Shed Bad Loans, Cut Jobs

The Wall Street Journal reported that Rome-based UniCredit, Italy’s largest bank by assets, plans to raise $14 billion, shed $19 billion of bad loans and cut thousands of jobs.

Citigroup, UniCredit Extend VW $21B Bridge Loan

Bloomberg reported that Volkswagen plans to extend the maturity of a €20 billion ($21 billion) credit facility as talks proceed with U.S. authorities over fines following a diesel-emissions scandal.