Trafigura Group Pte. Ltd., a market leader in the global commodities industry, announced on 25 October 2022 the successful closure of its new syndicated loan facilities amounting to an equivalent of USD2.4 billion. The new facilities comprised, inter alia, a USD revolving credit facility as well as USD and CHN term loan facilities. The facilities were used to refinance existing loans of the Trafigura Group as well as for general corporate purposes. A total of 28 financial institutions participated in the transaction with DBS, SCB and Sumitomo Mitsui Banking Corporation Singapore Branch as the mandated lead arrangers and bookrunners.