LNG player Trafigura raises $1.7Bln

Written by  John McKay
Wednesday, 09 October 2013
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Oct 9 (LNGJ) - Trafigura, the commodities company and relative newcomer to LNG cargo trading, said its Singapore operation raised an Asian syndicated revolving credit facility of US$1.7 billion. "In total, 38 banks are committed to the facility, which demonstrates growing awareness throughout the Asia-Pacific region about the success of Trafigura's business model," said Asia-Pacific Managing Director Pierre Lorinet.

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