Noble Group has closed a US$2.4bn oversubscribed syndicated revolving credit facility with nearly 60 international banks.
The committed facility was initially launched at US$1.5bn and comprises a US$973mn 364-day loan, a €159mn 364-day loan, a US$992mn three-year loan and a €155mn three-year loan.
Noble will use the funds to refinance its existing debt, and for the general corporate purposes of the company and its subsidiaries.
The bookrunning mandated lead arrangers are:
ABN Amro
ANZ
Bank of America
The Bank of Tokyo Mitsubishi
Citigroup
Rabobank
DBS
Goldman Sachs
HSBC
ICBC
ING
JP Morgan
Lloyds
RBS
Société Générale
Standard Chartered
United Overseas Bank