Deal details
Trafigura Group - $800mn Euler Hermes Covered Loan
Description
Trafigura has entered into a USD800 million five-year loan. The loan is guaranteed by the government of the Federal Republic of Germany acting through the German Export Credit Agency (ECA) Euler Hermes Aktiengesellschaft.The guarantee is provided under Germany’s Untied Loan program to support the commitment by Trafigura to deliver, under a five-year supply agreement, up to 500,000 tonnes of non-ferrous metals into Germany.
Companies involved
- Santander, Helaba (Landesbank Hessen-Thüringen), Standard Chartered, KfW IPEX-Bank, Natixis, DZ Bank, Societe Generale
- Allen & Overy
- Raiffeisen Bank International
- Raiffeisen Bank International
- Societe Generale
- Euler Hermes Aktiengesellschaft
- Societe Generale
- Societe Generale
- Societe Generale
Key information
Trafigura Group Pte
800$m
28-09-2022
Metals and Mining / Base metals
Singapore
Commodity Trade Finance
Tranche information
Euler Hermes Covered Loan
800$
ECA-backed buyer credit
800$m
US Dollar - USD
0
5.25 years
Euler Hermes Aktiengesellschaft
SOFR
-
| Participant | role | ticket size |
|---|---|---|
| Santander | MLA | 108$m |
| Societe Generale | MLA | 108$m |
| Standard Chartered | MLA | 108$m |
| Natixis | MLA | 108$m |
| Helaba (Landesbank Hessen-Thüringen) | MLA | 108$m |
| KfW IPEX-Bank | MLA | 108$m |
| DZ Bank | MLA | 108$m |
| Raiffeisen Bank International | Lender | 44$m |