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Trafigura raises US$1.73b credit facilities

Strong backing from banking community results in oversubscription, says commodity trader

MR LORINET: Says there is recognition of Trafigura's ability to deliver sustained growth.


TRAFIGURA Beheer BV has raised new US$1.73 billion credit facilities from Asian banks, it said on Friday.

The syndicated facilities were well supported by the banking community and oversubscribed, having launched at US$1.3 billion, the giant commodity trader said.