Trafigura defies turmoil with increased $875m loan refi
Dutch commodities trading company Trafigura Beheer has signed an increased $875m syndicated loan, after drawing enough demand in syndication to push the deal beyond its $700m target.
The loan refinances the companys loan last year and follows a trend to increase loans in size each year.
Bankers away from the deal were not convinced that it would get enough demand to beat Trafiguras target this year, as bankers pricing demands shot up while the deal
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