Trafigura Trading , a wholly-owned subsidiary of Trafigura Group , has this month renewed its North America Energy Borrowing Base Credit Facility .
The two-year Facility was initially launched at USD3.75 billion in April 2025 and, following a strongly oversubscribed syndication was closed at USD4.235 billion in June.
Trafigura remains one of the largest domestic marketers and exporters of crude oil and petroleum products in North America. The renewed facility will also support the financing needs of the company’s expanding US natural gas, power, and renewables businesses.
TJ Tedla, Trafigura’s North American Chief Financial Officer, said: “We are pleased to have successfully renewed our flagship North America Energy facility. The strong support and the oversubscribed commitments from our banks underscore their confidence in our robust balance sheet and Trafigura’s ability to navigate challenging market conditions, as highlighted in our recent half year results.”
Acting Lead Arrangers and Joint Book-runners were MUFG Bank Ltd. (also acting as Administrative Agent and Collateral Agent), Société Générale, Natixis, New York Branch, and Mizuho Bank Ltd. Also, Société Générale, Natixis, New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, Credit Agricole Corporate and Investment Bank, and Cooperative Rabobank U.A., New York Branch acted as Syndication Agents.
Source: cyprusshippingnews.com
