UAE lenders extend USD 150 mn facility to Trafigura: Singapore trading giant Trafigura has secured a USD 150 mn revolving credit facility from Etihad Credit Insurance (ECI), the Abu Dhabi Exports Office (Adex), First Abu Dhabi Bank (FAB), and Natixis Corporate and Investment Banking, to support its purchase of non-oil commodities from the UAE, according to a press release. The two-year loan will help boost the UAE’s non-oil exports by expanding the UAE’s global trade reach.

ADVISORS- The lenders served as the mandated lead arranger, while Natixis CIB acted as bookrunner, facility coordinator, facility agent, and ECA agent. Allen Overy Shearman Sterling (A&O) and Clyde & Co acted as legal advisers on the agreement.

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