Scm Group and the European Investment Bank (BEI) have signed a new unsecured credit line running for several years of Euro 50 million aimed at funding 50% of the Italian Group's planned Euro 100 million investments in R&D in the coming four-year period 2021-2024.
Hardwoods Distribution Inc. has received a commitment letter from its existing lender Bank of America, N.A. for a new senior secured credit facility of up to $525 million.
Specialty chemicals company ALTANA has received a credit line from the European Investment Bank (EIB). The company, headquartered in Wesel, Germany, will be able to use up to Euro 200 million for research and development over the next ten years.
Sonoco has entered into a new five-year $750 million revolving credit facility with a syndicate of banks.
The Black Sea Trade and Development bank (BSTDB) has provided a 7-year Euro 75 million loan to the Turkish Hayat Kimya Group for the construction of a new factory in Kaluga, Russia, producing cleansing tissue and towel paper. The total project cost is Euro 134.5 million.
PRT Growing Services Ltd, the premier provider of critical growing services for container-grown forest seedlings in North America, and Instar Asset Management Inc. announced the closing of $90 million in green loan facilities led by Royal Bank of Canada and HSBC Bank Canada to support the Company’s acquisition by Insta...
Mondi has signed a new Euro 750 million 5-year revolving multicurrency credit facility agreement (‘RCF’) to refinance the existing Euro 750 million facility that was due to mature in July 2022. It includes an option to extend the RCF by one or two years with each bank's approval.
During the 1Q 2021, Arctic Paper refinanced its paper operations. This means that previous bond loans and other credits are replaced with loans and credits totalling PLN 300 million ($77 million) from a consortium led by Santander.