BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership
BB Energy, a leading global independent energy trading company, successfully closed a $500 million senior secured revolving borrowing base credit facility (the “Facility”). Based on an initial launch size of $450 million, the Facility was oversubscribed with commitments received from a diverse group of 8 lenders. The Facility also has embedded a $150 million accordion......