FinCo Fuel BV

FinCo Fuel BV - BBL

Borrower (s)
FinCo Fuel BV
Industry
Oil & gas/Oil - Downstream (Refining)
Area of finance
Commodity Trade Finance
Region
Europe
Countries
Netherlands

Deal Overview

Refinancing of the April'21 transaction by means of amend & extend of FinCo's uncommitted, secured borrowing base facility (BBF), which finances the group's working capital. ING acted as BMLA, Doc Agent, Facility and Security Agent as well as Sustainability Coordinator. Uncommitted...

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Refinancing of the April'21 transaction by means of amend & extend of FinCo's uncommitted, secured borrowing base facility (BBF), which finances the group's working capital. ING acted as BMLA, Doc Agent, Facility and Security Agent as well as Sustainability Coordinator. Uncommitted tenor reset at 1+1+1-year, coversion to Sustainable-Linked Loan (SLL) and increase to EUR 130m at closing

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Deal Volume
$147.22m
Financial Close
01 December 2021
Sources
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