Trafigura ABS issuance to remain rare despite increased reach

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Trafigura ABS issuance to remain rare despite increased reach

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Commodities trading and logistics firm Trafigura Group found demand in both the US and Europe for its third trade receivables ABS, which settled this week. But despite attracting six new investors to the rare asset class, Trafigura’s issuance is likely to remain restrained, the firm’s global head of corporate finance told GlobalCapital.

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