Six One Commodities expands, renews one-year revolving facility

Chicago, Nov. 28 – Six One Commodities LLC closed a $700 million expansion and renewal of its one-year revolving borrowing base credit facility, according to a press release.

The revolver has a $300 million accordion.

ING Capital LLC, Wells Fargo Bank, NA, MUFG Bank, Ltd. and Societe Generale are the joint lead arrangers of the facility.

HSBC Bank USA NA, Cooperative Rabobank UA, Natixis, New York Branch, Credit Agricole CIB, GarantiBank International NV and Valley National Bank also participated as lenders.

Proceeds will be used to support the company’s growing physical business.

Six One Commodities is a North American natural gas and power merchant formed in August 2018. Its headquarters are in Stamford, Conn.

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