Tag : BB Energy

BB Energy Successfully Renews and Expands its Digital Borrowing Base Credit Facility to USD 600 Million
News Trading

BB Energy Successfully Renews and Expands its Digital Borrowing Base Credit Facility to USD 600 Million

PR Newswire
by PR Newswire0281
BB Energy, a leading global independent energy trading company, has successfully renewed and expanded its senior secured borrowing base credit facility (the ‘Facility’) in the Americas. The Facility finances the company’s working capital needs for inventory and receivables in the region. The Facility was launched at US $500 million and subsequently increased......
BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership
Blockchain Fintech News

BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership

Fintech News Desk
by Fintech News Desk0516
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......
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