The trade finance lenders on the provision of USD300m new money facilities, combining a borrowing base facility, a margin line facility to support commodity hedging, and a trade instruments facility as part of the USD1.6bn restructuring of ED&F Man Group.
Polestar AB, the Swedish electric performance car brand, on a USD950m three-year loan facility provided by a syndicate of leading international banks. The financing provides an automotive brand with the funds it requires to finance the next stage of its development and covers a large majority of its estimated finance needs. This follows a EUR350m uncommitted green trade finance facility we advised them on previously to support the import of electric vehicles (EVs) into Europe and North America.
The lenders on a USD1.1bn global borrowing base facility secured by various commodities, including carbon emission credits, held across Europe and the United States.
Brookfield-owned Greenergy Fuels, a leading producer and supplier of fuels, including waste-based biodiesel and renewables on the refinancing of its existing USD650m term and borrowing base facilities with a new financing package comprising a receivables purchase facility, and inventory monetisation framework and a new senior facilities agreement.
Santander on a GBP450m sustainability-linked supply chain finance (SCF) programme. The first UK retailer to offer its supply base sustainability-linked supply chain finance.