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revolving credit facility

ARM Energy closes US$600m revolving credit facility with US$200m...

ARM Energy Trading has closed a US$600m, two-year syndicated revolving credit facility for its physical energy marketing business, replacing a US$400m line and increasing capacity for working capital and trade finance. The refinancing, announced on 5 November, includes a separate...

#accordion facility#ARM Energy#commodity trading

Trafigura renews US$150m export line with US$100m insurance cover

Commodities trader Trafigura has renewed a US$150m revolving credit facility supporting exports from the United Arab Emirates, with Etihad Credit…

#commodity finance#Etihad Credit Insurance#export credit insurance


Getty Images files Chapter 11 with US$533m restructuring plan...

Getty Images has filed for Chapter 11 bankruptcy protection in the United States to implement a restructuring backed by its…

#bankruptcy#Chapter 11#credit restructuring


Trafigura lifts syndicated funding to US$4.4bn after lender demand...

Trafigura has closed approximately US$4.4bn of syndicated revolving and term-loan facilities after strong demand allowed the commodities trader to increase…

#commodities#commodity finance#liquidity


IDEX extends US$800m revolving credit facility to 2031 with...

IDEX Corporation has extended the maturity of its US$800m revolving credit facility to September 2031, giving the US industrial group…

#Bank of America#corporate liquidity#IDEX Corporation


Gerdau increases global working-capital credit facility 29% to US$1.125bn

Brazilian steelmaker Gerdau has replaced its US$875m global working-capital revolver with a US$1.125bn senior unsecured facility, increasing committed liquidity by…

#BBVA#Brazil#corporate liquidity


BB Energy closes US$272.5m global revolving credit facility

BB Energy has closed a US$272.5m syndicated revolving credit facility backed by 21 banks across the US, Europe, the Middle…

#BB Energy#commodity finance#energy trading


Gunvor closes US$1.37bn Asian revolver as commodity finance demand...

Gunvor Singapore has closed a US$1.366bn sustainability-linked syndicated revolving credit facility, marking the trader’s largest Asian revolving credit facility to…

#commodity finance#Gunvor#revolving credit facility


Altriarch closes US$15m facility to support freight factoring

Altriarch Asset Management (Altriarch) has closed a US$15m senior secured revolving credit facility for a leading transportation services company. The…

#Altriarch#Altriarch Asset Management#revolving credit facility


Love Finance secures £45m debt facility to expand SME...

Love Finance, one of the UK’s fastest-growing SME lenders and brokers, has secured £45m in its first debt financing arrangement,…

#LGB Capital Markets#Love Finance#Paragon Bank

NN, Inc. announces new ABL facility

NN, Inc., a global leader in engineering and manufacturing high-precision components and assemblies, has finaliseed an asset-based lending (ABL) agreement…

#ABL#NN#PNC Bank

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