Trafigura Group Pte Ltd signs USD1.2 billion liquidity facility

Singapore, 8 March 2022 – Trafigura Group Pte Ltd. (“Trafigura” or the “Company”), a market leader in the global commodities industry, has announced today the successful closing of an underwritten multi-currency revolving credit facility (the “Facility”) totalling USD1.2 billion-equivalent. Mizuho Bank, Ltd., Société Générale, Sumitomo Mitsui Banking Corporation and UniCredit Bank AG are acting as Mandated Lead Arrangers, Bookrunners and Underwriters.

The new Facility has a 9-month tenor and will be used for general corporate purposes. It was set up in record time, following the renewal of Trafigura’s European RCF signed last Wednesday, thanks to the support of the group of underwriters, as the Company manages the unprecedented increase in commodity prices as a result of the war in Ukraine. The primary syndication of the Facility is underway and is expected to close in the coming days.

Christophe Salmon, Group Chief Financial Officer for Trafigura, said: “We were impressed by the exceptional support and responsiveness from our relationship banks and in particular our group of underwriters. This support is a strong testament from our banks to Trafigura’s ability to safely navigate unprecedented market conditions and extreme volatility in the global economy as a result of the crisis in Ukraine. The syndication is progressing well and we expect to upsize the Facility in excess of USD2.0 billion-equivalent within a short period of time.”

ENDS

For further information, please contact:
Trafigura Press Office: +41(0)22 592 45 28 or media@trafigura.com

Notes to editors

Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. At the heart of global supply, Trafigura connects the world with the vital resources it needs. Through our Oil & Petroleum Products, Metals & Minerals, and Power & Renewables divisions, we deploy infrastructure, skills and a global network to move commodities from where they are plentiful to where they are needed most, forming strong relationships that make supply chains more efficient, secure and sustainable.

Trafigura also owns and operates a number of industrial assets including a majority share of global multi-metals producer Nyrstar and fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, a power and renewable energy investment and development platform. With over 1,000 shareholders, Trafigura is owned by its employees and employs over 13,000 people working in 48 countries.

Visit: www.trafigura.com