Page 44 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024

9/19/24, 9:39 AM Etihad Credit Insurance signs financing deal to support Trafigura's exports from UAE | Markets – Gulf News
from the UAE, further integrating the country's resources into international supply

chains.

In line with the collaboration, Trafigura will receive a $150 million Revolving Credit

Facility for two years to finance its acquisitions of non-hydrocarbon commodities
originating from the UAE. These commodities are intended for export and re-export,

thus cementing the UAE's position as a vital hub in global trade networks. This

partnership between ADEX, FAB and Natixis CIB highlights the UAE's stable

investment climate and the strategic significance of its non-hydrocarbon sectors.

With Trafigura's expertise in supplying its customers with metals, minerals and bulk

commodities across the world, its choice to source from the UAE demonstrates both its

dedication to the region and the nation's increasing significance as a supplier of quality,

non-hydrocarbon resources. The company's extensive global network, and in-depth
market knowledge, combined with its competence in managing complex supply chains,

positions this initiative as a significant turning point in the UAE's export landscape.

All lenders serve as the mandated lead arranger, with Natixis CIB acting as bookrunner,

facility coordinator, facility agent, and ECA agent. This ensures that the interests of the

participating banks are aligned, and aids in structuring and coordinating the financing.

As a division of the Abu Dhabi Fund for Development, ADEX makes a substantial
contribution by utilising its mandate to support exports from the UAE, thus amplifying

the transaction's economic effect. Similarly, FAB's significant global and regional reach

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