IFLR1000

MasterCard $3.75 billion credit facility

21/10/2015
Financing
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$ 3.75 billion

Completed

21/10/2015

Overview:

  • MasterCard refinanced a $3 billion credit facility with a 5-year, unsecured $3.75 billion revolving credit facility.
  • The new credit facility has a $1.4 billion swing line sub-limit.
  • Citibank acted as administrative agent.
  • Bank of China, U.S. Bank National Association, Barclays Bank, Goldman Sachs, Industrial and Commercial Bank of China, Lloyds Bank, Mizuho Bank and The Royal Bank of Scotland acted as lead arrangers.

Rani Mehta - Journalist 

Jurisdiction:

United States

Deal type:

Financing

Practice area:

Banking

Industry sector:

Financial services

Firm:
Milbank

Party: Citibank (Administrator)

Party: Bank of China (Lead arranger)

Party: US Bank National Association (Lead arranger)

Party: Barclays Bank (Lead arranger)

Party: Goldman Sachs (Lead arranger)

Party: Industrial and Commercial Bank of China Ltd (Lead arranger)

Party: Lloyds Banking Group (Lead arranger)

Party: Mizuho Bank (Lead arranger)

Party: The Royal Bank of Scotland (Lead arranger)

Lawyer: Michael Bellucci

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