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Trafigura extends credit facility for USD 4 billion in the US

Trafigura has extended a credit facility of USD 4 billion, which will be used as working capital for the company's oil trading in North America. The original facility was almost USD 400 million bigger.

Photo: PR/Trafigura
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Commodity trader Trafigura has extended a credit facility that will be used for the company's oil trading in North Africa.

The deal covers subsidiary Trafigura Trading LCC and is signed with a series of banks and financial institutes headed by Natixis and Societe Generale.

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