Scotiabank Upsizes AVI Global Trust Revolver to $85.5MM
AVI Global Trust has extended its JPY4. billion ($38 million) revolving credit facility with Scotiabank Europe, effective immediately. The extension will increase the total amount under the three-year...
View ArticleHSBC GBA+ Technology Fund Arranges $30MM Facility for iClick
iClick Interactive Asia Group has entered into a credit facility of more than $30 million with HSBC across working capital and general corporate support. The facility, arranged by HSBC’s GBA+...
View ArticleDBN Markets, Danske Lead Adevinta $660MM Facilities
Adevinta refinanced its existing €300 million ($330 million) bank facility with a €600 million ($660 million) multi-currency term loan and revolving credit facilities. The facilities include an...
View ArticleSparebank 1 Closes $16MM Facility for SeaBird Exploration
SeaBird Exploration has entered into a multi-U.S. dollar $16 million three-year secured credit facility with Sparebank 1. The proceeds from the loan will be used to repay the SBX04 bond loan expiring...
View ArticleRabobank Leads $520MM Sustainability Facility for Britvic
UK soft drinks company Britvic has secured a credit facility of up to £400 million ($521 million) for its sustainability goals. Co-ordinated by Dutch multinational bank Rabobank, the five-year facility...
View ArticleBank of NY Mellon Supports Keystone Investment Trust Refi
The Bank of New York Mellon, London branch, provided a new £45 million ($58 million) revolving credit facility to support Keystone Investment Trust’s financial restructuring. The company intends to...
View ArticleBladex Leads $110MM Term Loan for Favorita
Banco Latinoamericano de Comercio Exterior closed a $110 million, seven-year, syndicated loan for Favorita Fruit an Ecuadorian agribusiness conglomerate with diversified business activities including...
View ArticleBarclays Extends Zegona $40MM Facility
Zegona has extended its existing £30 million ($40 million) credit facility with Barclays to March 15, 2020. The changes enhance the flexibility of the facility so the full undrawn amount of £20 million...
View ArticleNordea, Credit Agricole, Others Lead $525MM Facility for Diamond S Shipping
Diamond S Shipping closed a five-year $525 million credit facility, composed of a $375 million term loan and a $150 million revolving credit facility. Proceeds from the new credit facility were used to...
View ArticleChinese Banks Provide Up to $1.9B Financing for Tesla Shanghai
Tesla Shanghai entered into a revolving loan agreement with a group of Chinese banks. According to a related 8-K filing, Tesla entered into a fixed asset syndication loan agreement and a supplemental...
View ArticleABN AMRO Agents $1.75B Sustainability Facility for Bunge
Bunge Finance Europe, a subsidiary of Bunge, has successfully closed its first sustainability-linked revolving credit facility. The amended facility amends extends Bunge’s existing $1.75 billion...
View ArticleDNB Agents Norsk Hydro New $1.6B Sustainability Revolver
Norsk Hydro signed a $1.6 billion revolving multi-currency credit facility with the margin linked to Hydro’s greenhouse gas emission target. The facility, which is available for general corporate...
View ArticleDekabank Supports Supermarket Income Acquisition of Sainsbury’s
Supermarket Income acquired a Sainsbury’s supermarket in Preston, UK for £54.4 million ($54 million) and arranged a new £47.6 million ($58 million) term loan facility with DekaBank. The facility is a...
View ArticleLeumi Closes $10.87MM Facility for Real Good Food
Cake decoration and food ingredients maker Real Good Food has secured a total credit facility of £8.9 million ($10.87 million) from lender Leumi. The loan is comprised of a £5.5 million ($6.7 million)...
View ArticleBarclays, Citibank, Others Provide $155 Revolver for Keywords Studios
Keywords Studios, the Irish-headquartered but London-listed video gaming company, closed a €140 million ($155 million) revolving credit facility. The news comes as it reported a 17.3% rise in first...
View ArticleInvestec Provides $183MM Debt Financing for EV Cargo
EV Cargo, the largest privately-owned logistics business in the UK, has completed a £150 million ($183 million) debt financing with Investec. The financing involved all operating businesses within the...
View ArticleTradewind Provides $1.1MM Facility to Automotive Aftercare Firm
Tradewind closed a $1.1 million factoring facility for a company based in the United Arab Emirates that supplies automotive aftercare products and tech services to specialized garages and car...
View ArticleEIB Provides $26.4MM Facility to Cubic Telecom
Cubic Telecom, a connectivity management supplier to the Internet of Things and automotive industries, has secured $26.4 million in new funding from the European Investment Bank (EIB), the world’s...
View ArticleCitibank Europe Agents New $1.1MM Revolver for Yara
Yara has signed a $1.1 million five-year multicurrency revolving credit facility with two one-year extension options The RCF refinances Yara’s revolving credit facility dated July 5, 2013 and will be...
View ArticleBarclays, SEB Lead New $150MM Revolver for Landsvirkjun
Landsvirkjun has signed a new $150 million multi-currency revolving credit facility without a guarantee of collection. The revolving credit facility will be used for general corporate purposes and...
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