Consortium of BlackRock & Royal Vopak arranges funding to back Dow terminals deal

15 September 2020 - 12:00 am UTC

BlackRock’s Global Energy & Power Infrastructure Fund (GEPIF) and Royal Vopak lined up a bank deal to back their USD 620m buyout of Dow’s terminals business, said two sources familiar with the situation. 

ING was among a few institutions who arranged a term loan A financing, added those sources. BNP Paribas and Mizuho Securities were also involved, added one of those sources. 

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