Trafigura closes Asian Revolving Credit and Term Loan Facilities

Singapore, 3rd October 2014 - Trafigura Beheer B.V., (“Trafigura”), a market leader in the global commodities industry, has today announced the closure of its new Asian Revolving Credit and Term Loan Facilities at USD1.73 bn. The Facilities were strongly supported by the banking community and oversubscribed, having launched at USD1.3 bn.

The new Facilities are comprised of a 364-day revolving credit facility (USD1,080 m), a three year term loan facility (USD435 m), as well as a Renminbi (CNH) denominated one year tranche (USD215 m). They refinance the USD1,085 m 364-day revolving credit facility and the USD150 m one year Renminbi (CNH) tranche of the USD1,760 m facility signed in October 2013 and the USD115 m three year term loan which was signed as part of the USD875 m facility in October 2011. This was the second year that a CNH tranche was included, increasing by USD65m over the previous year.

“We’re delighted that Trafigura's relationship with the banking community continues to strengthen and deepen with twenty-nine banks, including five new banks committing to the Facilities from across Asia Pacific as well as from the Middle East, India and Europe,” said Pierre Lorinet, CFO and Managing Director, Asia Pacific for Trafigura. “We’re seeing interest in the commodity sector continuing to grow coupled with the recognition of Trafigura’s ability to deliver profitable and sustained growth. The strong interest in these Facilities coincides with decisions by a number of our banking partners in Europe, the US and Asia-Pacific to significantly increase their lines to us in recent months, bringing our total available lines of credit to a record USD50 bn. This also builds on the successful signing of our flagship European multi-currency syndicated revolving credit facilities totalling USD4.735 billion in March this year, supported by over 50 financial institutions.”

Trafigura mandated Australia and New Zealand Banking Group Limited, DBS Bank Ltd., Industrial and Commercial Bank of China, Standard Chartered Bank, United Overseas Bank Limited, Oversea-Chinese Banking Corporation Limited and Sumitomo Mitsui Banking Corporation as Original Mandated Lead Arrangers and Bookrunners. During the syndication, Bank of China Limited joined as Original Mandated Lead Arranger and Bookrunner. ChinaTrust Bank Co and ICBC acted as bookrunners for the CNH tranche of the Facilities.

Further Information

For further information contact:

Trafigura’s Global Press Office: +41 22 592 4528 or media@trafigura.com

OR

Poh Leng Yu, Ruder Finn Singapore – Tel: +65 6235 4495 or yupl@RuderFinnAsia.com

Notes to editors

Founded in 1993, the Trafigura Group has become one of the world’s leading independent commodity traders, specialising in the oil, minerals and metals markets. Primary trading activities are the supply and transport of oil and petroleum products and non-ferrous and bulk commodities. The trading business is supported by industrial and financial assets including global oil products distribution company Puma Energy; joint venture company DT Group; global terminals operator Impala; Trafigura’s Mining Group and Galena Asset Management. The Trafigura Group is owned by over 700 of its almost 9,000 employees who work in 58 countries. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.
www.trafigura.com