Trafigura secures $200mn credit facility
The facility has a tenor of 364 days, with two 1 year extension options, and was arranged by Standard Chartered, United Overseas Bank and Westpac in Singapore.
According to a Trafigura statement, the facility was deemed necessary to provide increased liquidity to the group due to the global financial turmoil and a reduced level of liquidity in financial markets.
"At a time of extraordinary financial market circumstances, we are very pleased with the banks' continued commitment which comes as a
More on Financing
Deal of the year: Intersect Power
Energy Risk Awards 2025: Clean energy company secures significant BESS financing amid market volatility
Innovation of the year – Project: Tramontana
Energy Risk Awards 2025: Finance specialist develops transformational agroforestry project
Sustainable finance house of the year: Bank of America
Energy Risk Awards 2025: Bank furthers commitment to sustainability with large-scale transactions that showcase innovation, ingenuity and vision
Supply chain decoupling fires up alpha focus at BofA
Talking Heads: Stock dispersion sees funds gross up on long/short baskets, while US structured notes come of age
Sustainable bond markets miss an options trick
A derivatives mindset could boost lagging sustainability-linked market, argues climate think-tank
UBS precious metals team shines amid market turmoil
Global uncertainty always adds allure to precious metals, putting a premium on the long-standing relationships and cutting-edge technology of the UBS precious metals team
A global solution to market developments
Sponsored content