Page 73 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024

9/19/24, 9:43 AM Trafigura agrees ECA-backed facility for UAE non-oil exports | Global Trade Review (GTR)
Trafigura agrees ECA-backed facility for UAE non-

oil exports

MENA / SEPTEMBER 18, 2024 / BY JOHN BASQUILL SHARE THIS ARTICLE:

RELATED Trafigura has agreed a US$150mn revolving credit facility backed by two
NEWS export credit agencies (ECAs) and two banks to support non-oil commodity

exports from the UAE.
Commodity trader
loses appeal in The two-year facility, announced today, is provided by Natixis CIB and First
Singapore LC Abu Dhabi Bank, both of which act as mandated lead arrangers. Natixis is
fraud case also bookrunner, facility coordinator, facility agent and ECA agent.

Met Group secures The deal is backed by a joint agreement between the two lenders, Trafigura
€1.1bn borrowing and the UAE’s federal export credit company, Etihad Credit Insurance (ECI),
base for LNG sales as well as the Abu Dhabi Exports Office (Adex). Legal counsel was provided
and trading
by Allen Overy Shearman Sterling and Clyde & Co.

https://www.gtreview.com/news/mena/trafigura-agrees-eca-backed-facility-for-uae-non-oil-exports/ 1/2