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.