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The Secured Lender
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June 17, 2025
Source: Trafigura
Houston, 16 June 2025 – Trafigura Trading LLC (“Trafigura”), a wholly-owned subsidiary of Trafigura Group Pte Ltd, has this month renewed its North America Energy Borrowing Base Credit Facility (the “Facility”).
The two-year Facility was initially launched at USD3.75 billion in April 2025 and, following a strongly oversubscribed syndication was closed at USD4.235 billion in June.
Trafigura remains one of the largest domestic marketers and exporters of crude oil and petroleum products in North America. The renewed facility will also support the financing needs of the company’s expanding US natural gas, power, and renewables businesses.
TJ Tedla, Trafigura’s North American Chief Financial Officer, said: “We are pleased to have successfully renewed our flagship North America Energy facility. The strong support and the oversubscribed commitments from our banks underscore their confidence in our robust balance sheet and Trafigura’s ability to navigate challenging market conditions, as highlighted in our recent half year results.”
Acting Lead Arrangers and Joint Book-runners were MUFG Bank Ltd. (also acting as Administrative Agent and Collateral Agent), Société Générale, Natixis, New York Branch, and Mizuho Bank Ltd. Also, Société Générale, Natixis, New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, Credit Agricole Corporate and Investment Bank, and Cooperative Rabobank U.A., New York Branch acted as Syndication Agents.
For further information please contact:
Trafigura’s Press Office: +41 (0) 22 592 4528 or media@trafigura.com
About Trafigura
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through MorGen Energy and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, the Impala Terminals joint venture and Greenergy, supplier and distributor of transportation fuels and biofuels. The Group employs over 13,000 people, of which over 1,400 are shareholders and is active in over 150 countries.
Visit: www.trafigura.com
