London's High Court has ruled that Trafigura does not have to repay Rasmala Trade Finance Fund US$21.6mn in a case involving forged documents| Global Trade Review (GTR)
Trafigura has renewed its energy-focused North America borrowing base credit facility, closing at just over US$4.2bn after oversubscription from bank participants. Trafigura Trading LLC, a Houston-headquartered subsidiary of the commodity trading giant, announced it had closed the two-year facility this week, initially launching at US$3.75bn in April. It renews a 2023 facility that closed at ...| Global Trade Review (GTR)
The GTR Leaders in Trade awards highlight excellence in the trade, commodity, supply chain, export finance and fintech markets. The winners in each category are based on submissions sent to GTR. Where relevant, Best Deals signed in 2024 were referenced as further substantiation for GTR’s decisions. GTR revealed the shortlist for the Leaders in Trade ...| Global Trade Review (GTR)
Stronghold Global Finance, a UK-based trade finance firm, went into administration in August last year following a High Court order.| Global Trade Review (GTR)
Mercuria has grown its European revolving credit facilities (RCFs) to US$3.5bn, which the commodity trading giant says will aid its growth plans and expansion in the LNG and metals markets. The facilities comprise one-year and three-year multicurrency RCFs as well as a one-year off-balance sheet instruments facility, with extension options. They were launched at US$2.75bn ...| Global Trade Review (GTR)
