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Trafigura's bonds show new financing route for commodity traders

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The move by Trafigura to sell inventory- backed bonds to six banks and eventually to the capital market in future marks a new milestone in the commodity financing space.

Singapore

FINANCING is the lifeblood of commodity traders - as investors would have observed from Noble Group's struggle to return to profitability amid constrained access to financing facilities.

In this respect, the move by Trafigura, one of the largest oil traders in the world,

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