BNP closes revolving credit facility for Sempra Energy Trading
French bank BNP Paribas has closed a $1 billion multicurrency secured revolving credit facility for four borrowers forming part of Sempra Energy Trading, the commodity-trading unit of San Diego-based Sempra Energy.
BNP said the transaction is unique in the commodities sector given its size and the complexity of the BB structure, which allows for multiple borrowers
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