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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
ING Capital, Wells Fargo, MUFG, Societe Generale Expand & Renew $700MM Revolving Credit Facility with 61C
Wednesday, November 29, 2023
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Lenders/Participants
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GarantiBank International N.V. [Participant]
ING Capital [Joint Lead Arranger]
Wells Fargo Bank [Joint Lead Arranger]
Societe Generale [Joint Lead Arranger]
HSBC Bank USA [Participant]
Credit Agricole Corporate and Investment Bank [Participant]
Cooperative Rabobank U.A. [Participant]
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Structure
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Revolving Credit Facility Expansion, Renewal
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Amount
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$700.000
Million
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Borrower(s)
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Six One Commodities
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Description
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a $700 million expansion and renewal of its one-year revolving borrowing base credit facility. The Facility includes a $300 million accordion feature, bringing total capital available to $1 billion. The expanded Facility, which will continue to be used to provide liquidity to support 61C’s growing physical business, was significantly oversubscribed and includes a globally diverse group of ten North American, European, and Asian financial institutions.
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Industry
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Commodities Trading
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| Related Tags |
Cooperatieve Rabobank, Credit Agricole Corporate and Investment Bank, HSBC Bank USA, ING Capital, Societe Generale, Valley National Bank, Wells Fargo Bank
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ABL Advisor
Deal Tables
2024
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