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Press release

Trafigura AG’s RCF closes at USD3.53 billion

Houston, TX, 06 October 2014 - Trafigura AG, a wholly-owned subsidiary of Trafigura Beheer BV (“Trafigura”), renewed its growing U.S. Borrowing Base Credit Facility, and extended the maturity to two years. The USD3.53 bn facility, which was oversubscribed, supports Trafigura AG’s energy trading, logistics and merchanting activities in North America. This includes its increasing crude and condensate volumes associated with the growing Eagle Ford supply, and related to its interest in the Buckeye Texas Partners terminal, located in Corpus Christi, TX.

Trafigura AG’s North America Chief Financial Officer, Bryan Keogh, said: “The Trafigura Group is once again extremely pleased to see the facility increase, also with new stakeholders, allowing us meet the working capital needs of our growing business. This continuing commitment from our banking partners allows us to secure market opportunities and grow our energy-related assets.”

Acting as Lead Arrangers and Joint Book-runners were The Bank of Tokyo-Mitsubishi UFJ, Ltd. (also acting as Administrative Agent), Natixis, New York Branch and SG Americas Securities, LLC.

Other lender participants include Credit Agricole, Rabobank Nederland, Standard Chartered Bank, ABN AMRO Capital USA LLC, Commonwealth Bank of Australia, Bank of America Merrill Lynch International Limited, Citibank N.A., Credit Suisse AG, Fifth Third Bank, JPMorgan Chase Bank, N.A., Lloyds Bank plc, Mizuho Bank, ING Bank N.V., Oversea-Chinese Banking Corp. Ltd., The Bank of Nova Scotia, Apple Bank for Savings, Sumitomo Mitsui Trust Bank, SunTrust Bank, Banco de Crédito e Inversiones, S.A., Ltd., ICICI Bank Canada, RB International Finance (USA) LLC, The Huntington National Bank, Bank of Montreal, Bank of China, Mercantil Commercebank N.A. and PT Bank Negara Indonesia.




Further Information

For further information contact:

Trafigura’s US Media Office: +1 832 320 3029 or media-americas@trafigura.com

 

About Trafigura AG

Trafigura AG is a wholly owned subsidiary of Trafigura Beheer BV (“Trafigura”). 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