Saughter and May advised Trafigura on USD5.8bn revolving credit facilities and USD3.0bn contingent liquidity facility

Saughter and May advised Trafigura Group Pte Ltd. (“Trafigura”), a market leader in the global commodities industry, on its new European multi-currency syndicated revolving credit facilities (the “ERCF”) totalling USD5.8bn.

The ERCF comprises a USD1.8bn 365-day revolving credit facility, a USD3.5bn 3-year revolving credit facility, and a USD0.5bn 5-year revolving credit facility, with all facilities including two 365-day extension options.

Concurrently, Saughter and May advised Trafigura on a contingent revolving credit facility totalling USD3.0bn, with a 6-month tenor with two 3-month extension options.