Arranger

DGAP-News: Aareal Bank provides first green loan

Retrieved on: 
Tuesday, July 6, 2021
Finance, Financial services, Money, Aareal Bank, Arranger, Mortgage loan, Bank

Wiesbaden, 6 July 2021 - Aareal Bank announces the closing of its first green loan governed by its "Green Finance Framework".

Key Points: 
  • Wiesbaden, 6 July 2021 - Aareal Bank announces the closing of its first green loan governed by its "Green Finance Framework".
  • Acting as Arranger and Sole Lender, Aareal Bank has provided a mortgage loan of approx.
  • The financing agreement according to the framework established at Aareal Bank during the first half of 2021 is subject to certain qualitative and quantitative environmental criteria.
  • The ESG rating and research provider confirmed in its Second Party Opinion (SPO) that the Aareal Bank Green Finance Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2018 and Green Loan Principles 2020.

DGAP-News: Ferratum Oyj: Ferratum Oyj considers issuance of subordinated perpetual capital notes and announces tender offer regarding outstanding senior unsecured floating rate bonds

Retrieved on: 
Thursday, June 10, 2021
Corporate finance, Finance, Money, Bookrunner, Initial public offering, Bond, Stock market, Arranger, Security, Economy

Proceeds from the contemplated Hybrid Bonds will be used for general corporate purposes and, subject to the Tender Offer (below), repurchase of existing bonds.

Key Points: 
  • Proceeds from the contemplated Hybrid Bonds will be used for general corporate purposes and, subject to the Tender Offer (below), repurchase of existing bonds.
  • The purchase price in the Tender Offer will be 101.50% of the nominal amount for the 2022 Bonds and 102.00% of the nominal amount for the 2023 Bonds.
  • The Issuer has mandated Pareto Securities AB as sole arranger and bookrunner in respect of the issuance of the Hybrid Bonds and as tender agent for the Tender Offer.
  • As a pioneer in digital and mobile financial services technology, Ferratum is at the forefront of the digital banking revolution.

Finastra and HUBX collaborate to streamline loan syndication process

Retrieved on: 
Tuesday, April 13, 2021
Money, Finance, Economy, Finastra, Loans, Syndicated loan, Arranger

b'LONDON, April 13, 2021 /PRNewswire/ -- Finastra today announced its collaboration with HUBX to bring increased efficiency to corporate lenders during the loan syndication process through the reduction of manual processes.

Key Points: 
  • b'LONDON, April 13, 2021 /PRNewswire/ -- Finastra today announced its collaboration with HUBX to bring increased efficiency to corporate lenders during the loan syndication process through the reduction of manual processes.
  • The integration of the HUBX digital front-office platform, HUBX Arranger, with Finastra\'s market leading back-office loan software, Fusion Loan IQ, creates an enhanced end-to-end offering which boosts efficiency and harnesses data insights and automation to ultimately improve customer experience.
  • HUBX Arranger leverages data and insights to boost customer experience and increase the pace at which corporate banks can execute transactions.
  • "\nAs a front-office syndication tool, HUBX Arranger offers a completely digitized bookrunning process, set apart from other tools in this space by its modular and API-first approach.

Velocity Financial, Inc. Announces New $175 Million Term Loan Facility and $200 Million Warehouse Facility

Retrieved on: 
Tuesday, February 9, 2021
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Finance, Money, Financial services, Mortgage, Corporate finance, Banking, Bookrunner, Initial public offering, Arranger, Refinancing, Lead arranger, Barclays

The new facility has an initial $125 million funding as of the closing date, with an additional $50 million as a delayed draw feature.

Key Points: 
  • The new facility has an initial $125 million funding as of the closing date, with an additional $50 million as a delayed draw feature.
  • Proceeds of the new term loan facility will be used to refinance existing debt and originate new loans.
  • In addition, the Company secured a new $200 million non-mark-to-market warehouse facility with Barclays Bank, PLC to finance new originations.
  • Mr. Szczepaniak continued, "We appreciate the leadership of Jefferies Finance LLC, as Sole Lead Arranger and Sole Bookrunner on the new term loan.

Carax Successfully Placed the First-ever Undated and Subordinated Sustainability-linked Bond of €20M With the OCEA Group

Retrieved on: 
Wednesday, September 16, 2020
Professional services, Environment, Other Professional Services, Finance, Consulting, Banking, Finance, Money, Economy, Debt, Credit, Subordinated debt, Subscription, Bond, Arranger

Carax announces the issue of an undated subordinated debt of 20 million euros in favor of the OCEA group , which is the leading French builder of aluminum ships.

Key Points: 
  • Carax announces the issue of an undated subordinated debt of 20 million euros in favor of the OCEA group , which is the leading French builder of aluminum ships.
  • This first-ever undated and subordinated Sustainability-Linked Bond was oversubscribed and entirely placed with European institutional investors.
  • For over 30 years, the Group has been committed to protecting the environment by designing vessels with a small carbon footprint.
  • Carax acted as both arranger and advisor to OCEA for the entire transaction, from setting it up to closing.

Audax Private Debt Provides Financing to Support The Carlyle Group’s Acquisition of Unison

Retrieved on: 
Monday, June 29, 2020
Banking, Software, Supply chain management, Professional services, Internet, Data management, Technology, Other Government, Security, Retail, Other Professional Services, Finance, Public policy, Government, Finance, Money, Economy, Corporate finance, The Carlyle Group, Audax, Carlyle, Bookrunner, Arranger, Lead arranger, Private equity, Audax Group, Audax Private Debt, Unison

Audax Private Debt announced that, as Joint Lead Arranger & Joint Bookrunner, it provided a senior secured credit facility to support The Carlyle Groups acquisition of Unison, a provider of software for federal agencies and government contractors.

Key Points: 
  • Audax Private Debt announced that, as Joint Lead Arranger & Joint Bookrunner, it provided a senior secured credit facility to support The Carlyle Groups acquisition of Unison, a provider of software for federal agencies and government contractors.
  • We are excited to partner with The Carlyle Group in its acquisition of Unison, said Ryan Benedict, Managing Director at Audax Private Debt.
  • Audax Private Debt has proven to be a valuable, trusted financing partner throughout this investment process, said Mike Gozycki, Managing Director at The Carlyle Group.
  • Audax Private Debt has invested over $19 billion across more than 815 established middle market companies in support of over 230 private equity sponsors.

Gensource Provides an Update on the Tugaske Project

Retrieved on: 
Thursday, June 18, 2020
Agriculture, Natural Resources, Mining, Minerals, Economy, Finance, Money, Thaumasia quadrangle, Tugaske, Project finance, Arranger, Lead arranger, KfW

As shareholders will know, the Tugaske Project (Project) is the Companys first project in its wholly owned Vanguard Area (comprising mineral leases KL244 and KL245).

Key Points: 
  • As shareholders will know, the Tugaske Project (Project) is the Companys first project in its wholly owned Vanguard Area (comprising mineral leases KL244 and KL245).
  • The Tugaske project (Project) has made significant advances in the last few months, and Gensource considers it valuable to provide a clear and complete indication of the current project development status.
  • The Tugaske Project - General:
    The Tugaske Project is the first of the Companys small scale, environmentally friendly potash production facilities.
  • Tugaske Project Financing Debt:
    On October 18, 2019 Gensource announced that KfW-IPEX Bank had been engaged as the mandated lead arranger for the debt component of the project finance package.

BayWa r.e. secures tax equity and construction financing for major US solar development

Retrieved on: 
Thursday, April 23, 2020
Economy, Finance, Money, Loans, BayWa, Banco Sabadell, Arranger, Funding, Project finance, Lead arranger

has secured tax equity and construction financing for its Fern Solar project in Edgecombe County, North Carolina.

Key Points: 
  • has secured tax equity and construction financing for its Fern Solar project in Edgecombe County, North Carolina.
  • RBC Capital Markets syndicated a tax equity investment commitment in the project and the lender group comprised of Rabobank, Coordinating Lead Arranger, and Banco Sabadell, Joint Lead Arranger, have committed to providing construction and term financing.
  • "Our success in securing tax equity and project financing for this landmark project demonstrates our ability to continue to attract investors to the fundamental value proposition of renewable energy," said Jam Attari, CEO, BayWa r.e.
  • Once generating power, it will be providing green energy for six major US companies through a market-first multi-party VPPA."

Polaris Announces an Incremental $300 Million Unsecured Term Loan Under Existing Credit Facility

Retrieved on: 
Thursday, April 9, 2020
Automotive Manufacturing, Motorcycles, Manufacturing, Automotive, Performance & Special Interest, Economy, Money, Finance, Banking, Arranger, Bookrunner, Market liquidity, Polaris Industries, Polaris, Bank, Loan agreement

Polaris Inc. (NYSE: PII) today announced that it has entered into an incremental $300 million 364-day unsecured term-loan facility, further increasing the Companys liquidity position.

Key Points: 
  • Polaris Inc. (NYSE: PII) today announced that it has entered into an incremental $300 million 364-day unsecured term-loan facility, further increasing the Companys liquidity position.
  • Execution of this new term loan with our long-standing banking partners provides us with an additional liquidity buffer to navigate these uncertain times, said Mike Speetzen, Polaris Executive Vice President and Chief Financial Officer.
  • U.S. Bank National Association served as administrative agent, lead left arranger and lead bookrunner for the new term-loan agreement.
  • Polaris enhances the riding experience with parts, garments, and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts.

Soltage Raises $142M Debt Facility from Fifth Third Bank

Retrieved on: 
Tuesday, March 3, 2020
Economy, Lead arranger, Loans, Silicon Valley Bank, Arranger

Fifth Third served as Administrative Agent and Lead Arranger for this financing with Silicon Valley Bank (SVB) as Joint Lead Arranger on the investment.

Key Points: 
  • Fifth Third served as Administrative Agent and Lead Arranger for this financing with Silicon Valley Bank (SVB) as Joint Lead Arranger on the investment.
  • Soltage, working in partnership with Basalt managed funds, are deploying this investment through their previously established Helios capital vehicle.
  • "Fifth Third is pleased to support a top-tier, reputable company in its efforts to build more distributed utility-scale projects across the country," said Eric Cohen, group head of Renewable Energy Finance at Fifth Third Bank.
  • Soltage is backed by a group of investors including Prudential Capital Group and is headquartered in Jersey City, New Jersey.