As a market leader in the global commodities industry with a turnover of $318.5 billion for the financial year 2022, Trafigura faces a formidable working-capital challenge.
The company requires a large amount of financing for the huge quantities of oil and petroleum products, non-ferrous concentrates and refined metals and bulk minerals it moves every year.
In October 2021, it announced the refinancing of its Asian syndicated revolving credit facility. This was followed in March 2022 by the refinancing of its European multi-currency syndicated revolving credit facilities and a return to the Japanese domestic syndicated bank loan market, as well as the syndication of a nine-month liquidity facility.
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