Mercuria adds three year euro tranche to RCF to reflect increased European presence

Swiss commodities trading firm Mercuria Energy Trading has launched the syndication of two new revolving credit facilities of $1.3bn and €100m, having mandated nine banks to lead the deal. ABN Amro, BNP Paribas, Crédit Agricole, ING, Natixis, Rabobank, Royal Bank of Scotland, Société Générale and Standard Chartered are acting as the mandated lead arrangers and bookrunners for the facilities, and will hold a bank meeting in London on April 18.