Page 76 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024
P. 76

9/19/24, 9:43 AM                    BRIEF-Etihad Credit Insurance Signs Deal to Support Trafigura's Exports from UAE
        BRIEF-Etihad Credit Insurance Signs


        Deal to Support Trafigura's Exports


        from UAE






        Reuters SG
        Wed, 18 Sept 2024, 4:38 pm GMT+4 1-min read



                Sept 18 (Reuters) - 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





















      https://sg.finance.yahoo.com/news/brief-etihad-credit-insurance-signs-123817753.html?guccounter=1             1/1
   71   72   73   74   75   76   77   78   79   80   81