Trafigura has closed its new 365-day European multi-currency syndicated revolving credit facilities (ERCF) totalling $1.9 billion, and extended and increased its $3.5 billion three-year facility. 

The new 365-day ERCF, initially launched at $1.5 billion, will be used to refinance the maturing 365-day facility dated March 2, 2022, as well as for general corporate purposes. In line with the last two years, Trafigura structured these facilities as sustainability-linked loans. 

The SLL are linked to key performance indicators to improve Trafigura’s sustainability performance, aligned with material issues for its business.