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Trafigura US$500m perpetuals upsized after being six times subscribed
Published Tue, Mar 14, 2017 · 09:50 PM
Singapore
STRONG demand was seen for oil trader Trafigura Group's latest fund-raising deal.
The group saw orders of almost US$3 billion for its US$500 million issue of perpetual resettable step-up subordinated securities, The Business Times understands. The issue has been upsized by another US$100 million.
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