ING Leads $650 Million Inaugural Syndicated Secured Loan for Pilot Company s Energy Division
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NEW YORK, April 1, 2021 /PRNewswire/ ING led a new $650 million syndicated secured borrowing base loan on behalf of the energy and wholesale marketing division of Pilot Company, one of the leading suppliers of fuel and the largest operator of travel centers in North America.
The facility supports Pilot Company s oil product purchase and storage, energy and wholesale marketing, logistics and merchant activities. ING acted as the Sole Mandated Lead Arranger and Bookrunner, with participant lenders BNP Paribas, Rabobank, MUFG and Wells Fargo Bank N.A. The deal closed on March 26, 2021 and was well oversubscribed.
ING Leads $650 Million Inaugural Syndicated Secured Loan for Pilot Company s Energy Division
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ING Leads $650 Million Inaugural Syndicated Secured Loan for Pilot Company s Energy Division
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