Deal details
Trafigura Group - $3bn Euler Hermes Covered Loan
Description
Purpose of the loan is to ensure surety of supply of gas to the German market via LNG supply from Trafigura, noting critical energy security issues currently facing the global economy, and Europe in particular given the need to replace legacy Russian natural gas supplies at short notice.
Companies involved
- DBS Bank, Rabobank, Helaba (Landesbank Hessen-Thüringen), UBS, Norddeutsche Landesbank (NORD/LB), MUFG, Sumitomo Mitsui Trust Bank (SMTB), IKB Deutsche Industriebank, ODDO BHF Aktiengesellschaft, ING Bank, Landesbank Baden - Wurttemberg (LBBW), Natixis, Mizuho, Oversea-Chinese Banking Corporation (OCBC), Credit Agricole CIB, KfW IPEX-Bank
- Barclays Bank, Lloyds Bank, First Abu Dhabi Bank, UniCredit, Deutsche Bank, Commerzbank, DZ Bank, Santander, Sumitomo Mitsui Banking Corporation (SMBC)
- Deutsche Bank, Sumitomo Mitsui Banking Corporation (SMBC)
- Oversea-Chinese Banking Corporation (OCBC), Credit Agricole CIB, KfW, Rabobank, ODDO BHF Aktiengesellschaft, ING Bank, Helaba (Landesbank Hessen-Thüringen), Norddeutsche Landesbank (NORD/LB), IKB Deutsche Industriebank, UBS, Landesbank Baden - Wurttemberg (LBBW), DBS Bank, MUFG, Natixis, Mizuho, Sumitomo Mitsui Trust Bank (SMTB)
- Securing Energy for Europe
- Deutsche Bank, Sumitomo Mitsui Banking Corporation (SMBC)
- Deutsche Bank, Sumitomo Mitsui Banking Corporation (SMBC)
- Deutsche Bank
- Euler Hermes Aktiengesellschaft
- Sumitomo Mitsui Banking Corporation (SMBC)
- Clifford Chance, Allen & Overy
- Deutsche Bank
Key information
Trafigura Group Pte
3000$m
19-12-2022
Metals and Mining / Base metals
Singapore
Commodity Trade Finance
Tranche information
Euler Hermes Covered Loan
3,000$
ECA-backed buyer credit
3000$m
US Dollar - USD
0
4.0 years
Euler Hermes Aktiengesellschaft
-
-
| Participant | role | ticket size |
|---|---|---|
| Deutsche Bank | MLA | 200$m |
| Sumitomo Mitsui Banking Corporation (SMBC) | MLA | 200$m |
| Santander | MLA | 170$m |
| Barclays Bank | MLA | 170$m |
| Commerzbank | MLA | 170$m |
| DZ Bank | MLA | 170$m |
| First Abu Dhabi Bank | MLA | 170$m |
| Helaba (Landesbank Hessen-Thüringen) | Lender | 170$m |
| Lloyds Bank | MLA | 170$m |
| UniCredit | MLA | 170$m |
| Credit Agricole CIB | Lender | 110$m |
| ING Bank | Lender | 110$m |
| KfW | Lender | 110$m |
| Natixis | Lender | 110$m |
| UBS | Lender | 110$m |
| Landesbank Baden - Wurttemberg (LBBW) | Lender | 100$m |
| Norddeutsche Landesbank (NORD/LB) | Lender | 100$m |
| Oversea-Chinese Banking Corporation (OCBC) | Lender | 100$m |
| Rabobank | Lender | 60$m |
| DBS Bank | Lender | 60$m |
| MUFG | Lender | 60$m |
| Sumitomo Mitsui Trust Bank (SMTB) | Lender | 60$m |
| IKB Deutsche Industriebank | Lender | 50$m |
| Mizuho | Lender | 50$m |
| ODDO BHF Aktiengesellschaft | Lender | 50$m |