Trafi upsizes loan for Norilsk's copper cathodes

Trafigura has closed a 12-month $300 million limited recourse pre-paymenr to finance the procurement of copper cathodes from Russian-based Norilsk Nickel, the world's largest nickel, palladium, copper and platinum producer. Closed on 19 December 2019, the amend and extend deal will upsize and...