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May 3, 2021 2:06 PM UTC
Freepoint Commodities Renews Its Revolving Credit Facility at USD 2.63 Billion; Allows Growth to USD 3.23 Billion
Freepoint Commodities Renews Its Revolving Credit Facility at USD 2.63 Billion; Allows Growth to USD 3.23 Billion
PR Newswire
STAMFORD, Conn., May 3, 2021
STAMFORD, Conn., May 3, 2021 /PRNewswire/  Freepoint Commodities LLC ( Freepoint ) today announced that it has closed a USD 2.63 billion revolving bank facility (the Facility ).  The Facility consists of a USD 1,709,500,000 three-year committed tranche and a USD 920,500,000 one-year uncommitted tranche.  Additionally, the Facility has a USD 600 million accordion feature.
BNP Paribas Securities Corp ( BNPPSC ), MUFG Bank, Ltd. ( MUFG ) and Natixis, New York Branch ( NATIXIS ) are Joint Lead Arrangers and Bookrunners for the Facility.  Freepoint is pleased to welcome as new Joint Lead Arranger, Wells Fargo Bank, N. ....

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