Trafigura secures USD3.4 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities
Singapore, 8 October 2025 – Trafigura Group Pte Ltd (“Trafigura”), a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities (the “Facilities”) at approximately USD3.4 billion-equivalent. The Facilities were substantially oversubscribed and upsized from their initial launch amount of USD2.5 billion-equivalent, with 43 financial institutions participating in the transaction, including six new lenders.
The new Facilities comprise: a 365-day USD revolving credit facility (USD1,1 billion); a 1-year CNH term loan facility (USD1,1 billion-equivalent); and a 3-year USD term loan facility (USD1,2 billion). The new Facilities will be used to refinance the maturing 3-year term loan tranche from 2022 and the maturing 1-year USD and 1-year CNH tranches from 2024, as well as for general corporate purposes.
Stephan Jansma, Group Chief Financial Officer, Trafigura, said: “We have successfully refinanced our unsecured syndicated facilities, securing close to USD800 million in additional liquidity, mostly in the 3-year tranche, and welcoming a number of new lenders. We are grateful for the continued strong support from banking partners across Asia and the Middle East, with strong participation from Chinese institutions. This transaction underscores the confidence lenders place in the strength of our balance sheet and financial performance, and ensures we are well positioned to support our customers across all market conditions.”
Trafigura mandated Agricultural Bank of China Shanghai Huangpu Sub-branch, Bank of Communications Shanghai Putuo Sub-branch, China CITIC Bank Corporation Limited, Shanghai Branch, China Construction Bank Shanghai Pudong Sub-branch, DBS Bank Ltd. (“DBS”), First Abu Dhabi Bank PJSC (“FAB”), Industrial and Commercial Bank of China Limited, London Branch, Oversea-Chinese Banking Corporation Limited (“OCBC”), Qatar National Bank (Q.P.S.C.), Singapore Branch (“QNB”) and Standard Chartered Bank (Singapore) Limited (“SCB”) as the Mandated Lead Arrangers and Bookrunners (“MLABs”). DBS, FAB, OCBC, QNB and SCB acted as Active MLABs. SCB also acted as Global Coordinator of the transaction, and DBS and FAB as Sustainability Coordinators.
China Merchants Bank Co., Ltd Singapore Branch, The Export-Import Bank of China and Postal Savings Bank of China Co., Ltd. Shanghai Pilot Free Trade Zone Branch were the Mandated Lead Arrangers and Bookrunners in connection with the CNH syndication of the Facilities.
ENDS
For further information please contact:
Trafigura’s Press Office: +41 (0) 22 592 4528 or media@trafigura.com
About Trafigura
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through MorGen Energy and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, the Impala Terminals joint venture and Greenergy, supplier and distributor of transportation fuels and biofuels. The Group employs over 13,000 people, of which over 1,400 are shareholders and is active in over 150 countries.
Visit: www.trafigura.com