STAMFORD, Conn., May 17, 2016 /PRNewswire/ -- Freepoint Commodities LLC ("Freepoint") today announced that it closed a $1.45 billion revolving bank facility. The facility's $1 billion three-year committed tranche was extended through May 2019, and the one year uncommitted tranche was upsized to $450 million from $300 million. In addition, the facility has a $550 million accordion feature. BNP Paribas and MUFG are Joint Lead Arrangers and Joint Bookrunners for the facility. BNP Paribas remains as the Administrative Agent. Co-Syndication Agents include: ING Bank N.V., Natixis ( New York branch) and Societe Generale.