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9/19/24, 9:43 AM Etihad Credit Insurance Signs Deal to Support Trafigura's Exports from UAE — TradingView News
Etihad Credit Insurance Signs
Deal to Support Trafigura's
Exports from UAE
Sep 18, 202416:38 GMT+4
TRAFIGURA:
SAYS ETIHAD CREDIT INSURANCE, IN COLLABORATION WITH ABU DHABI
EXPORTS OFFICE, FIRST ABU DHABI BANK AND NATIXIS SIGN FIRST-OF-A-KIND
FINANCING DEAL TO SUPPORT TRAFIGURA'S EXPORTS FROM UAE
SAYS THE FINANCING DEAL WAS ANNOUNCED DURING A SIGNING CEREMONY
BETWEEN ECI AND THE RELEVANT PARTIES, WHICH TOOK PLACE ON SEPT
17, 2024, IN ABU DHABI
SAYS TRAFIGURA WILL RECEIVE A $150 MILLION REVOLVING CREDIT FACILITY
FOR TWO YEARS TO FINANCE ITS ACQUISITIONS OF NON-HYDROCARBON
COMMODITIES ORIGINATING FROM THE UAE
SAYS ALL LENDERS SERVE AS THE MANDATED LEAD ARRANGER, WITH NATIXIS
CIB ACTING AS BOOKRUNNER, FACILITY COORDINATOR, FACILITY AGENT, AND
ECA AGENT
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