MEDIA RELEASE PR39957
Strong Demand Leads Mercuria Energy Trading To Increase Its New Revolving Credit Facility To
US$1,250,000,000
GENEVA, June 14 /PRNewswire-AsiaNet/--
Mercuria Energy Trading is pleased to announce the successful signing of its US$1,250,000,000
Multicurrency Revolving Credit Facility (the "Facility") which was initially launched at US$900,000,000.
The Facility was arranged by BNP Paribas, Credit Agricole Corporate and Investment Bank, Fortis
Bank (Nederland) N.V., ING Bank N.V., Natixis, Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.
(trading as "Rabobank International"), The Royal Bank of Scotland plc, Societe Generale Corporate &
Investment Banking and Standard Chartered Bank (together the "Mandated Lead Arrangers and
Bookrunners").
A total of 24 banks committed during general syndication in addition to the 9 Mandated Lead
Arrangers and Bookrunners. The Facility is split into a US$1,105,000,000 364-day Tranche A and a
US$145,000,000 3-year Tranche B.
Guillaume Vermersch - Mercuria Energy Group CFO said :
"The success of this transaction is supported by the growing diversified business model strategically
deployed by Mercuria Energy group over the last 6 years. During 2009, we demonstrated continuing
volume and profitability growth, a substantial commitment to the coal business and our Vesta terminal
operations, expanded our global trading platform and deepened our capital base. We are very pleased
with our bank syndicate's support which has delivered an oversubscribed deal."
Mercuria is a privately-owned international group of companies active over a wide spectrum of global
energy markets including crude oil and refined petroleum products, natural gas, power, coal, biodiesel,
vegetable oils and carbon emissions. It is one of the world's five largest independent energy traders. It is
committed to trading and operational excellence with a exceptional track record of risk management.
Mercuria's outstanding performance is attracting some of the best talent in the commodity and financial
world. In addition to its trading core, it has upstream and downstream assets ranging from oil reserves
in Argentina, Canada and the US to oil and products terminals in Europe and China, a substantial
investment in the coal mining industry and a bio fuels plant.
Press Contacts:
Guillaume Vermersch, Group CFO
gvermersch@mercuria.com
Patrick Prendergast, Communications Director
ppendergast@mercuria.com
SOURCE: Mercuria Energy Trading S.A.
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