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China–UAE News

Trafigura Secures USD 4.4 Billion Facilities Backed by Chinese and UAE Lenders

Trafigura Group has closed an upsized USD 4.4 billion syndicated revolving credit and term loan facility with 40 financial institutions. The package features heavy participation from Chinese and Middle Eastern lenders, including Abu Dhabi Commercial Bank, and includes a USD 1.6 billion-equivalent offshore renminbi tranche. Funds will refinance existing debt maturing in 2023 and 2025 and support general corporate operations.

China–UAE News

Trafigura Closes Upsized $4.4 Billion Syndicated Loans Backed by Chinese, UAE Banks

Global commodity trader Trafigura has closed US$4.4 billion in syndicated credit facilities, upsized from an initial US$3.5 billion equivalent. The facility includes a US$1.6 billion-equivalent offshore renminbi tranche and was backed by 40 lenders across Asia and the Middle East, including UAE banks ADCB and FAB alongside leading Chinese institutions.