Trafigura to sign $1bn loan as Mercuria launches

12 Oct 2010

Trafigura Beheer, the Dutch commodities company, will sign an increased $1bn loan on October 18 after attracting around $200m in syndication. The increase is good news for Mercuria Energy, a smaller commodities company, which launched a $330m loan on Tuesday.

Trafigura had targeted $850m but was able to boost the size of the loan after strong demand. Mercuria Energy now hopes lenders will look to its $330m loan with the same desire.

BNP Paribas, ING, Société Générale and Standard Chartered are running Mercuria's deal, and ICBC and SMBC have ...

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