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Press release

USD4.735 bn European syndicated RCF signed

Geneva, 31st March 2014 - 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 USD4.735 billion. The Facilities, which initially launched at USD4 billion, were very well received by the market and closed substantially oversubscribed.

The Facilities comprise a USD1.412 billion 364-day revolving credit facility with two 364-day extension options, and a USD3.323 billion 3-year revolving credit facility with two 364-day extension options.

"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, CFO and Managing Director, Asia Pacific for Trafigura.

The loan was arranged by Mandated Lead Arrangers & Bookrunners BNP Paribas, Lloyds Bank, Standard Chartered Bank, UniCredit Bank AG (Active Bookrunners), Bank of China, Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (trading as Rabobank International), ING Bank N.V., The Royal Bank of Scotland plc and Société Générale Corporate & Investment Banking (Non-Active Bookrunners). In addition to the nine Mandated Lead Arrangers and Bookrunners, 3 Mandated Lead Arrangers and 39 additional financial institutions joined the facility during syndication.




Further Information

For further information please contact:

Trafigura's Global Press Office - Tel: +41 (0) 22 592 4528 or Email: 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 non-ferrous metals, iron ore and coal) to clients around the world. The trading business is supported by industrial and financial assets, including 49% owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; 50% owned DT Group which specialises in logistics and trading; and Galena Asset Management. The Company is owned by over 700 of its almost 9,000 employees who work in offices in 58 countries around the world. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.
www.trafigura.com

 

Banks providing the Facilities

Bank Role
1 Bank of China Limited Bookrunner & Mandated Lead Arranger
2 BNP PARIBAS (Suisse) SA Bookrunner & Mandated Lead Arranger
3 ING Bank N.V. Bookrunner & Mandated Lead Arranger
4 Lloyds Bank plc Bookrunner & Mandated Lead Arranger
5 Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., "Rabobank International", London Branch Bookrunner & Mandated Lead Arranger
6 Royal Bank of Scotland plc Bookrunner & Mandated Lead Arranger
7 Société Générale Corporate & Investment Banking Bookrunner & Mandated Lead Arranger
8 Standard Chartered Bank Bookrunner & Mandated Lead Arranger
9 UniCredit Bank AG Bookrunner & Mandated Lead Arranger
10 Crédit Agricole Corporate and Investment Bank Mandated Lead Arranger
11 Credit Suisse AG Mandated Lead Arranger
12 DBS Bank Ltd., London Branch Mandated Lead Arranger
13 Citibank N.A. Senior Lead Arranger
14 Deutsche Bank AG, Amsterdam Branch Senior Lead Arranger
15 Industrial and Commercial Bank of China Senior Lead Arranger
16 JPMorgan Chase Bank N.A., London Branch Senior Lead Arranger
17 NATIXIS Senior Lead Arranger
18 Bank of America, N.A. Lead Arranger
19 UBS AG Lead Arranger
20 Commerzbank Aktiengesellschaft, London Branch Lead Arranger
21 Commonwealth Bank of Australia Lead Arranger
22 Mizuho Bank Nederland N.V. Lead Arranger
23 Fifth Third Bank Arranger
24 KfW IPEX-Bank GmbH Arranger
25 Agricultural Bank of China (UK) Limited Co-Arranger
26 Arab Bank (Switzerland) Ltd. Co-Arranger
27 Banco Bradesco Europa S.A. Co-Arranger
28 Bank of Baroda Co-Arranger
29 Bank of Taiwan London Branch Co-Arranger
30 The Bank of Tokyo-Mitsubishi UFJ, Ltd. Co-Arranger
31 BANQUE CANTONALE DE GENEVE (BCGE) Co-Arranger
32 Barclays Bank PLC Co-Arranger
33 BHF-BANK Aktiengesellschaft Co-Arranger
34 DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main Co-Arranger
35 FBN Bank (UK) Limited Co-Arranger
36 GarantiBank International N.V. Co-Arranger
37 Gulf International Bank B.S.C. Co-Arranger
38 Habib Bank AG Zurich Co-Arranger
39 Israel Discount Bank Limited Co-Arranger
40 KBC Bank NV Co-Arranger
41 Mega International Commercial Bank Co., Ltd. Amsterdam Branch Co-Arranger
42 Mizrahi Tefahot Bank Limited Co-Arranger
43 National Australia Bank Limited Co-Arranger
44 Nedbank Limited, London Branch Co-Arranger
45 Oversea - Chinese Banking Corporation Limited Co-Arranger
46 Raiffeisen Bank International AG Co-Arranger
47 Sumitomo Mitsui Banking Corporation Europe Limited Co-Arranger
48 The Bank of Nova Scotia Co-Arranger
49 BANQUE CANTONALE VAUDOISE Participant
50 Banque de Commerce et de Placements Participant
51 First Commercial Bank Ltd., London Branch Participant