Traxys

Traxys - RCF

Borrower (s)
Traxys
Industry
Metals and Mining/Base metals
Area of finance
Commodity Trade Finance
Region
Europe
Countries
Luxembourg

Deal Overview

Traxys Sarl, a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful refinancing on 2 May 2022 of its flagship multicurrency syndicated revolving credit facility for an amount of USD 1.570 billion, the highest amount ever raised by...

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Traxys Sarl, a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful refinancing on 2 May 2022 of its flagship multicurrency syndicated revolving credit facility for an amount of USD 1.570 billion, the highest amount ever raised by Traxys. 

The Facility was syndicated among a group of 24 banks, including 2 new banks with a strategically important and complementary geographic regional presence. 

The Facility was very well-received by the Company’s banks and closed oversubscribed, with many existing banks increasing their commitments to Traxys from the past year. The facility amount was increased vs 2021 - including the 3-year secured tranche and the 1-year committed unsecured tranche evidencing the banks’ support of the Company’s business. The Facility retains its flexible character and represents a diverse funding solution for Traxys’ working capital needs.

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Deal Volume
$ 1.57bn
Financial Close
02 May 2022
Sources

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Eric Blomme

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