Trafigura credit facility closes at $3.53 billion

Trafigura AG

Trafigura AG, a wholly owned subsidiary of Trafigura Beheer BV, has renewed its growing US borrowing base credit facility, and extended the maturity to two years. The $3.53 billion facility, which was oversubscribed, supports Trafigura AG’s energy trading, logistics, and merchanting activities in North America.

These activities include its increasing crude and condensate volumes associated with the growing Eagle Ford supply, and related to its interest in the Buckeye Texas Partners terminal, located in Corpus Christi, Texas.

Acting as lead arrangers and joint book-runners were the Bank of Tokyo-Mitsubishi UFJ, Ltd. (also acting as administrative agent), Natixis, New York Branch, and SG Americas Securities LLC.

Other lender participants include Credit Agricole, Rabobank Nederland, Standard Chartered Bank, ABN AMRO Capital USA LLC, Commonwealth Bank of Australia, Bank of America Merrill Lynch International Ltd.,  Citibank NA, Credit Suisse AG, Fifth Third Bank, JPMorgan Chase Bank NA, Lloyds Bank plc, Mizuho Bank, ING Bank NV, Oversea-Chinese Banking Corp. Ltd., The Bank of Nova Scotia, Apple Bank for Savings, Sumitomo Mitsui Trust Bank, SunTrust Bank,  Banco de Crédito e Inversiones SA Ltd., ICICI Bank Canada, RB International Finance (USA) LLC, The Huntington National Bank,  Bank of Montreal, Bank of China, Mercantil Commercebank NA, and PT Bank Negara Indonesia.

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