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Trafigura renews loan facility at US$1.76b

The facility, which was oversubscribed, was initially launched at US$1.2b

Published Thu, Oct 10, 2013 · 10:00 PM
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COMMODITY giant Trafigura Pte Ltd has renewed its Asian syndicated revolving credit and term loan facility at US$1.76 billion.

The facility, which was oversubscribed, was initially launched at US$1.2 billion, the firm said in a press release issued on Wednesday.

The new deal comprised a 364-day revolving credit facility, together with three-year and five-year term loan facilities, as well as a yuan financing tranche.

Netherlands-based Tra-figura, which has its main booking entity for the group's trading activities in Singapore, is the…

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