Trafigura steps up as lenders more willing to back commodities firms for three year funding

Trafigura Beheer has increased the size of its multi-currency revolver, signing a $3.175bn line instead of a planned $2.5bn facility as demand swelled for longer dated paper from commodities firms. The loan is split into a $676m 364 day revolving credit facility with two 364 day extension options and a 364 day term out option, and a $2.499bn three year revolver with one 364 day extension option.