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Press release

Trafigura signs USD5.3 Billion European multicurrency syndicated RCF

Geneva, 30th March 2015 – Trafigura Beheer B.V. (“Trafigura” or the “Group”) is pleased to announce the successful signing of its flagship European multi-currency syndicated revolving credit facilities (the “Facilities”) totalling USD5.3 billion. The Facilities, initially launched at USD4.25 billion, were very well received by invited banks and closed substantially oversubscribed.

The Facilities comprise a USD1.87 billion 364-day revolving credit facility with two 364-day extension options, and a USD3.43 billion 3-year revolving credit facility with two 1-year extension options.

The Facilities will be used to refinance the Company’s existing USD4.735 billion Facilities dated 31 March 2014, as well as for general corporate purposes.

“It’s very gratifying that Trafigura’s relationship with the worldwide banking community continues to strengthen and deepen with a total of 51 financial institutions committing to the facilities. The bank-relationship model is the bedrock of our funding strategy and we are very pleased that the strength of our credit standing continues to attract new financial institutions to our flagship bank facility,” said Pierre Lorinet, Chief Financial Officer and Managing Director, Asia Pacific for Trafigura.

The loan was arranged by Mandated Lead Arrangers & Bookrunners Rabobank (Active Bookrunner), ING Bank N.V. (Active Bookrunner), Lloyds Bank plc, Société Générale Corporate & Investment Banking (Active Bookrunner), Standard Chartered Bank, The Royal Bank of Scotland plc (Active Bookrunner) and UniCredit Bank AG. In addition to the seven Mandated Lead Arrangers & Bookrunners, three Mandated Lead Arrangers and 41 additional financial institutions joined the Facilities during syndication, totalling 51 banks.

 

ENDS

 

For further information please contact:

Trafigura’s Global Press Office: +41 (0) 22 592 4528 or media@trafigura.com

 

Notes to editors

Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world. The trading business is supported by industrial and financial assets, including 49percent owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; 50percent owned DT Group which specialises in logistics and trading; and Galena Asset Management. The Company is owned by over 600 of its almost 5,300 employees who work in offices in 36 countries around the world. Trafigura has achieved substantial growth over the last ten years, growing turnover from USD12 billion in 2003 to USD128 billion in 2014. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade. www.trafigura.com