Trafigura increases RCF as appetite for commodity firms’ transactions flows over

Lenders’ appetite for commodities trading firms remains high despite the aggressive pricing on offer from the borrowers. Trafigura has increased the size of its multicurrency revolver from a planned $600m to $1.1bn even though the one year facility offered the same margin as in 2011.

  • 09 Mar 2012

"The pricing on some of these deals has been relatively aggressive, but people are watching them to see indications of where liquidity is," said one loans banker. "Clearly, from the deals we’ve already seen, there is appetite there."

Trafigura had launched its one year facility with a margin of ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,398.62 338 11.04%
2 Bank of America Merrill Lynch 94,721.79 272 8.91%
3 JPMorgan 92,612.23 269 8.71%
4 Wells Fargo Securities 82,597.19 239 7.77%
5 Credit Suisse 69,442.99 183 6.53%