Stemcor launches refi, cuts RCF to $650m
Steel trading firm Stemcor mandated ABN Amro, BNP Paribas, ING, Natixis, Société Générale and Standard Chartered to lead its new $650m 364 day revolving credit facility, to refinance a facility maturing on May 4.
A bank meeting for the deal will be held in London next Friday.
The six active bookrunners and mandated lead arrangers have been joined by Commonwealth Bank of Australia, Crédit Agricole, DBS Bank, Garanti Bank, HSBC, HSH Nordbank, KfW, Nedbank, UBS and UniCredit as mandated lead arrangers and
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