News
29 January 2025

Further details on Trafigura eBL-linked borrowing base

In:
Metals and Mining

In October 2024 Trafigura closed a landmark $2.885 billion borrowing base that utilised electronic bills of lading (eBL) as collateral. It is the first ever syndicated financing to include eBLs as secured collateral. A group of 27 lenders participated on the deal, with ING acting as...

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