Especialista Santander 2

Exus, an integrated energy and digital infrastructure platform, has secured a €200 million financing from Banco Santander and Société Générale. The holding-level deal will refinance existing debt and fund construction, acquisitions, and new project development. A letter of credit facility will also support grid connection and offtake requirements for energy and digital projects. Exus develops, builds, and operates generation, storage, and grid infrastructure that supplies firm, reliable power to the grid and large consumers. "Exus is on a strong growth path, and this financing gives us a scalable structure to build on," said João Pedro Summaville, chief financial officer. He said it strengthens the company's ability to keep investing as it expands in Europe. Both banks acted as Mandated Lead Arrangers and Co-Underwriters. Santander also served as Facility Agent and Security Agent.

Global law firm Clifford Chance has advised a syndicate of lenders on US$480 million in senior unsecured facilities for Alicorp, a Peruvian consumer goods company. The financing includes a five-year US$250 million term loan facility and a three-year US$230 million revolving credit facility. The term loan is divided into tranches for Alicorp's operations in Colombia (up to US$110 million), Spain (US$35 million), and Ecuador (US$90 million). The revolving facility is for Alicorp's Peruvian entity and includes two one-year extension options. Banco Bilbao Vizcaya Argentaria, Citibank, JPMorgan Chase Bank, and Banco Santander served as joint lead arrangers and bookrunners. The transaction spans four jurisdictions and two currencies, with proceeds earmarked for general corporate purposes and liquidity management.

CTO Realty Growth has closed a $1.0 billion unsecured credit facility, extending its debt maturity profile and increasing total commitments by $250 million. The Winter Park, Florida-based owner and operator of open-air shopping centres will use proceeds to repay outstanding borrowings under its previous $300 million revolving credit facility and two term loans. The new facility comprises a $400 million revolving credit facility due September 2030 and four term loans ranging from $150 million each, maturing between September 2029 and March 2032. The refinancing increases the company's weighted average debt maturity to 4.3 years from 1.6 years. Initial fixed interest rates on the term loans range from 3.4% to 5.3%, based on applied SOFR swaps. The facility was provided by a syndicate led by KeyBank National Association.