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Trafigura issues €400 million notes due 2015

 

March 31, 2010

 

Trafigura Beheer B.V. (“Trafigura” or “the Company”), one of the largest international commodities trading companies, announced today its successful debut Eurobond issuance by placing €400 million 6.375 per cent notes due 2015.

 

Trafigura’s inaugural issuance received orders for about €1 billion from over 120 accounts across Europe and based on this strong demand, the Company upsized the deal from an initial €300 million target size.

 

Pierre Lorinet, Trafigura CFO commented, "The broad support received from the investor community reflects the appeal of our business model outside the banking market. This placement will help us to further diversify our funding base and extend the maturity of our borrowings to continue delivering our long-term growth strategy.”‪

 

The transaction was managed by BNP Paribas, ING Bank N.V., Lloyds TSB Corporate Markets and The Royal Bank of Scotland plc as joint lead managers and book runners.

 

Proceeds from the bond issue will be used by the Company for general corporate purposes.‪

 

ENDS

 

For further information please contact:

 

Trafigura press office:

 

Tel: +44 207 009 1509

media@trafigura.com

 

 

 

Notes to Editors

 

Trafigura is one of the world’s leading international commodity traders, specialising in the oil, minerals and metals market, with 67 offices in 44 countries in Europe, Africa, Asia, Australia, and North, Central and South America. Its principal corporate offices are in Amsterdam, London and Lucerne.

 

Trafigura’s primary trading businesses are the supply and transport of crude oil, petroleum products, renewable energies, non-ferrous concentrates and refined metals.

 

It is the world’s second largest independent non-ferrous trading company and the third largest independent oil trader.

 

Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in the last five years, growing turnover from US$18 billion in 2004 to US$47 billion in 2009.

 

For further information go to: www.trafigura.com