Trafigura on USD5.8bn revolving credit facilities and USD3.0bn contingent liquidity facility
Slaughter and May advised Trafigura on USD5.8bn revolving credit facilities and USD3.0bn contingent liquidity facility
Slaughter and May advised Trafigura Group Pte Ltd. (“Trafigura”), a market leader in the global commodities industry, on its new European multi-currency syndicated revolving credit facilities (the “ERCF”) totalling USD5.8bn.
The ERCF comprises a USD1.8bn 365-day revolving credit facility, a USD3.5bn 3-year revolving credit facility, and a USD0.5bn 5-year revolving credit facility, with all facilities including two 365-day extension options.
Concurrently, Slaughter and May advised Trafigura on a contingent revolving credit facility totalling USD3.0bn, with a 6-month tenor with two 3-month extension options.