Trafigura seals debt package after agreeing Covid-19 premium rate

Trafigura seals debt package after agreeing Covid-19 premium rate

Commodity trader Trafigura has secured a US$1.6bn debt package from banks across Asia Pacific and the Middle East, in a deal which saw the firm offer a Covid-19 premium rate to participating lenders. The oversubscribed facilities were upsized from their initial launch amount of US$1bn, with 24 banks ultimately taking part in the transaction, which ...

The post Trafigura seals debt package after agreeing Covid-19 premium rate appeared first on Global Trade Review (GTR).Commodity trader Trafigura has secured a US$1.6bn debt package from banks across Asia Pacific and the Middle East, in a deal which saw the firm offer a Covid-19 premium rate to participating lenders. The oversubscribed facilities were upsized from their initial launch amount of US$1bn, with 24 banks ultimately taking part in the transaction, which ...

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