Statkraft signed a five-year, $1.43 billion sustainability-linked syndicated revolving credit facility with two one-year extension options. DNB acted as sustainability coordinator and BNP Paribas acted as documentation agent for the facility.
Iveco Group signed a €1.9 billion ($2.14 billion) syndicated facility with a syndicate of banks that includes BBVA, Barclays, BNP Paribas, BofA Securities, Citi, Deutsche Bank, Intesa Sanpaolo and Mediobanca – Banca di Credito Finanziario.
Gerald Group, an independent and employee-owned metals trading house, refinanced GT Commodities’ borrowing base facility at $450 million. GT Commodities is Gerald Group’s North American trading hub.
Commerzbank, Danske Bank and ING Bank served as coordinating mandated lead arrangers and bookrunners on a new multi-currency revolving credit facility for Securitas AB in the amount of $920.68 million.
Volkswagen closed a €10 billion ($11 billion) five-year revolving credit facility with Citigroup, Credit Agricole and UniCredit as arrangers and coordinators.
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.
Vishay Intertechnology has entered into a new $750 million credit facility. JPMorgan served as administrative agent.
According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.
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.
Glennmont Partners has successfully completed the refinancing of SER, one of Italy’s largest operating wind portfolios, for €190 million ($220 million).