BB Energy brings in new lenders for annual refi

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By Mike Turner
13 Oct 2020

BB Energy, the UK headquartered energy trading company, has signed a $197.5m syndicated loan, with the borrower increasing the size of its lending group and committing to build on new banking relationships.

The borrower increased the size of the deal from $175m after oversubscription from lenders of about 27%.

Credit Suisse, ING and Natixis were mandated lead arrangers and bookrunners. The three banks were joined by Abu Dhabi Commercial Bank and UBS as mandated lead arrangers before the deal was launched ...

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