Singapore, March 23, 2022 – Trafigura Group Pte Ltd. (“Trafigura” or the “Company”), a global commodities market leader, has successfully completed the syndication of its multi-currency revolving credit facility (the “Facility”) totaling US$2.3 billion-equivalent, a significant increase from the initial subscribed amount of 1.2 billion USD equivalent. Mizuho Bank, Ltd., Société Générale, Sumitomo Mitsui Banking Corporation and UniCredit Bank AG acted as Mandated Lead Arrangers, Bookrunners and Underwriters.
Christophe Salmon, Trafigura Group Chief Financial Officer, said: “We are very grateful to the 12 banks that joined the facility, in addition to the initial group of four underwriters, for closing this facility in record time. This additional liquidity buffer strengthens Trafigura’s ability to manage the current unprecedented market conditions and once again demonstrates the strong support of the banking community.
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Trafigura Press Office: +41 (0) 22 592 4528 or [email protected]
Notes to Editors
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. At the heart of global sourcing, Trafigura connects the world to the vital resources it needs. Through our Oil & Petroleum Products, Metals & Minerals, and Power & Renewables divisions, we deploy infrastructure, skills and a global network to move raw materials from where they are abundant to where they are most needed. needed, building strong relationships that make supply chains more efficient. , safe and durable.
Trafigura also owns and operates a number of industrial assets, including a majority stake in global multi-metals producer Nyrstar and fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, a power and renewable energy investment and development platform. With more than 1,000 shareholders, Trafigura is employee-owned and employs more than 13,000 people working in 48 countries.
To visit: www.trafigura.com