COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 20 March 18
TRAFIGURA GROUP PTE LTD SIGNS RECORD US$5.725 BILLION EUROPEAN MULTICURRENCY SYNDICATED REVOLVING CREDIT FACILITIES AND JPY72.64 BILLION DENOMINATED THREE YEAR TERM LOAN
TrafiguraPress Release: Trafigura Group Pte Ltd. (“Trafigura” or the “Company”), a market leader in the global commodities industry, has successfully refinanced its flagship European multicurrency syndicated revolving credit facility (the “ERCF”) totaling USD5.725 billion. The ERCF, initially launched at USD4.5 billion, was very well received by the bank market and closed substantially oversubscribed, allowing the Company to upsize the facility.

The ERCF comprises a USD2.20 billion 365-day revolving credit facility with two 365-day extension options and a USD3.525 billion 3-year revolving credit facility with two 1-year extension options. The ERCF will be used to refinance the maturing USD2.27 billion 364-day tranche of the facility dated 23rd March 2017, and the existing USD3.25 billion 3-year tranche of the Company’s USD5.1 billion facility dated 24th March 2016, as well as for general corporate purposes.

In a separate transaction Trafigura returned for the fourth time to the Japanese domestic syndicated bank loan market and raised JPY72.64 billion (USD682 million equivalent) via a three-year term loan (“Samurai Loan”), which saw a 23 percent increase compared to the size of the company’s previous Samurai Loan which raised JPY 58.86bn in 2016. Nineteen Japanese financial institutions supported the Samurai Loan, demonstrating the continued interest of domestic lenders in Trafigura’s credit.  Three new institutions joined the syndicate, while the majority of existing lenders continued to participate and increased the amount invested. This transaction refinances the 2016 Samurai Loan and will also be used for general corporate purposes.

Christophe Salmon, Chief Financial Officer for Trafigura, commented: “We simultaneously re-financed two core credit facilities of the Group and this was achieved at tighter pricing levels and with the support of a larger and more diverse bank group.  We have demonstrated year after year that we are able to deliver profitable and sustained growth. We are grateful for the support that the banking community has shown to Trafigura once again and we are pleased to welcome new banks to the facilities.”

The European RCF was arranged by Mandated Lead Arrangers & Bookrunners ING Bank N.V., National Westminster Bank plc, Standard Chartered Bank and UniCredit Bank AG acting as Active Bookrunners, along with Bank of China Limited, London Branch and Société Générale Corporate & Investment Banking acting as Passive Bookrunners. In addition to the six Mandated Lead Arrangers & Bookrunners, five Mandated Lead Arrangers and 41 additional financial institutions joined the ERCF during syndication, totaling 52 banks.

The Bank of Tokyo-Mitsubishi UFJ Ltd., Mizuho Bank Europe N.V. and Sumitomo Mitsui Banking Corporation Europe Limited acted as Bookrunners and Mandated Lead Arrangers for the Samurai Loan.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 12 April 18
ALWAYS ACCESSIBLE
KNOWLEDGE TO ELEVATE On 26 March 2018 Mr Justice Knowles determined that the berth warranty ‘always accessible’ must mean the vess ...


Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...


Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...


Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...


Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...


   348 349 350 351 352   
Showing 1746 to 1750 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Electricity Authority, New Zealand
  • Bangkok Bank PCL
  • Eastern Energy - Thailand
  • Tata Power - India
  • VISA Power Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • NTPC Limited - India
  • Edison Trading Spa - Italy
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • SRK Consulting
  • Gujarat Mineral Development Corp Ltd - India
  • PetroVietnam
  • Siam City Cement PLC, Thailand
  • ASAPP Information Group - India
  • PetroVietnam Power Coal Import and Supply Company
  • AsiaOL BioFuels Corp., Philippines
  • Intertek Mineral Services - Indonesia
  • Platts
  • Larsen & Toubro Limited - India
  • Goldman Sachs - Singapore
  • Fearnleys - India
  • Directorate Of Revenue Intelligence - India
  • TRAFIGURA, South Korea
  • Maruti Cements - India
  • WorleyParsons
  • PLN Batubara - Indonesia
  • PLN - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Anglo American - United Kingdom
  • Indian Energy Exchange, India
  • Ernst & Young Pvt. Ltd.
  • Pinang Coal Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Thriveni
  • JPMorgan - India
  • The University of Queensland
  • TNPL - India
  • Tanito Harum - Indonesia
  • Bank of China, Malaysia
  • India Bulls Power Limited - India
  • IMC Shipping - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • Siam City Cement - Thailand
  • Indonesian Coal Mining Association
  • Jindal Steel & Power Ltd - India
  • Videocon Industries ltd - India
  • CCIC - Indonesia
  • Infraline Energy - India
  • TGV SRAAC LIMITED, India
  • Sucofindo - Indonesia
  • Argus Media - Singapore
  • LBH Netherlands Bv - Netherlands
  • Sical Logistics Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • GMR Energy Limited - India
  • Energy Development Corp, Philippines
  • Aditya Birla Group - India
  • Star Paper Mills Limited - India
  • IEA Clean Coal Centre - UK
  • Maheswari Brothers Coal Limited - India
  • Global Coal Blending Company Limited - Australia
  • Jorong Barutama Greston.PT - Indonesia
  • Agrawal Coal Company - India
  • Romanian Commodities Exchange
  • IOL Indonesia
  • Altura Mining Limited, Indonesia
  • Rudhra Energy - India
  • Posco Energy - South Korea
  • Billiton Holdings Pty Ltd - Australia
  • Toyota Tsusho Corporation, Japan
  • Indonesia Power. PT
  • Central Electricity Authority - India
  • Idemitsu - Japan
  • Kaltim Prima Coal - Indonesia
  • Adani Power Ltd - India
  • Gujarat Sidhee Cement - India
  • Dalmia Cement Bharat India
  • Parliament of New Zealand
  • Marubeni Corporation - India
  • Credit Suisse - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • Chamber of Mines of South Africa
  • Vale Mozambique
  • PNOC Exploration Corporation - Philippines
  • Mintek Dendrill Indonesia
  • McKinsey & Co - India
  • White Energy Company Limited
  • Mitra SK Pvt Ltd - India
  • Ministry of Mines - Canada
  • Freeport Indonesia
  • Malabar Cements Ltd - India
  • Platou - Singapore
  • Singapore Mercantile Exchange
  • Indian School of Mines
  • Meenaskhi Energy Private Limited - India
  • Runge Indonesia
  • Moodys - Singapore
  • Globalindo Alam Lestari - Indonesia
  • bp singapore
  • San Jose City I Power Corp, Philippines
  • CoalTek, United States
  • Indorama - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Baramulti Group, Indonesia
  • Humpuss - Indonesia
  • SGS (Thailand) Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • KOWEPO - South Korea
  • Australian Coal Association
  • GAC Shipping (India) Pvt Ltd
  • JPower - Japan
  • Barasentosa Lestari - Indonesia
  • Adaro Indonesia
  • Glencore India Pvt. Ltd
  • Simpson Spence & Young - Indonesia
  • Bharathi Cement Corporation - India
  • World Bank
  • Essar Steel Hazira Ltd - India
  • SMG Consultants - Indonesia
  • Energy Link Ltd, New Zealand
  • Heidelberg Cement - Germany
  • EIA - United States
  • Vitol - Bahrain
  • Surastha Cement
  • International Coal Ventures Pvt Ltd - India
  • Barclays Capital - USA
  • Samsung - South Korea
  • Asia Cement - Taiwan
  • Russian Coal LLC
  • Cebu Energy, Philippines
  • Gresik Semen - Indonesia
  • Meralco Power Generation, Philippines
  • Lanco Infratech Ltd - India
  • Thailand Anthracite
  • Semirara Mining Corp, Philippines
  • Panama Canal Authority
  • Samtan Co., Ltd - South Korea
  • Mechel - Russia
  • Ind-Barath Power Infra Limited - India
  • Jatenergy - Australia
  • UOB Asia (HK) Ltd
  • CIMB Investment Bank - Malaysia
  • Global Business Power Corporation, Philippines
  • Kumho Petrochemical, South Korea
  • Thiess Contractors Indonesia
  • Antam Resourcindo - Indonesia
  • Price Waterhouse Coopers - Russia
  • Tamil Nadu electricity Board
  • SN Aboitiz Power Inc, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Malco - India
  • BRS Brokers - Singapore
  • Petrosea - Indonesia
  • Bhoruka Overseas - Indonesia
  • Xindia Steels Limited - India
  • Georgia Ports Authority, United States
  • ACC Limited - India
  • Indian Oil Corporation Limited
  • Merrill Lynch Bank
  • Coal and Oil Company - UAE
  • ETA - Dubai
  • Latin American Coal - Colombia
  • Manunggal Multi Energi - Indonesia
  • Coalindo Energy - Indonesia
  • SUEK AG - Indonesia
  • Mitsubishi Corporation
  • New Zealand Coal & Carbon
  • Mjunction Services Limited - India
  • OPG Power Generation Pvt Ltd - India
  • BNP Paribas - Singapore
  • Riau Bara Harum - Indonesia
  • Qatrana Cement - Jordan
  • MEC Coal - Indonesia
  • Merrill Lynch Commodities Europe
  • Cemex - Philippines
  • Tata Chemicals Ltd - India
  • Wilmar Investment Holdings
  • Pipit Mutiara Jaya. PT, Indonesia
  • World Coal - UK
  • KPCL - India
  • Pendopo Energi Batubara - Indonesia
  • Rio Tinto Coal - Australia
  • Miang Besar Coal Terminal - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Coeclerici Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • SMC Global Power, Philippines
  • Bhushan Steel Limited - India
  • Inspectorate - India
  • Madhucon Powers Ltd - India
  • IBC Asia (S) Pte Ltd
  • Sakthi Sugars Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Directorate General of MIneral and Coal - Indonesia
  • Xstrata Coal
  • Electricity Generating Authority of Thailand
  • MS Steel International - UAE
  • Maybank - Singapore
  • Interocean Group of Companies - India
  • Metalloyd Limited - United Kingdom
  • Reliance Power - India
  • Karaikal Port Pvt Ltd - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • APGENCO India
  • Petron Corporation, Philippines
  • Geoservices-GeoAssay Lab
  • Ince & co LLP
  • Indika Energy - Indonesia
  • Berau Coal - Indonesia
  • Clarksons - UK
  • Minerals Council of Australia
  • Ministry of Finance - Indonesia
  • Shenhua Group - China
  • Kapuas Tunggal Persada - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Mitsui
  • Cardiff University - UK
  • U S Energy Resources
  • Total Coal South Africa
  • Formosa Plastics Group - Taiwan
  • Peabody Energy - USA
  • Holcim Trading Pte Ltd - Singapore
  • Grasim Industreis Ltd - India
  • Carbofer General Trading SA - India
  • HSBC - Hong Kong
  • Lafarge - France
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ambuja Cements Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • Renaissance Capital - South Africa
  • J M Baxi & Co - India
  • DBS Bank - Singapore
  • Coal Orbis AG
  • Mercuria Energy - Indonesia
  • Attock Cement Pakistan Limited
  • Eastern Coal Council - USA
  • Sinarmas Energy and Mining - Indonesia
  • Britmindo - Indonesia
  • Cosco
  • Standard Chartered Bank - UAE
  • Savvy Resources Ltd - HongKong
  • Power Finance Corporation Ltd., India
  • Medco Energi Mining Internasional
  • Cement Manufacturers Association - India
  • Noble Europe Ltd - UK
  • PowerSource Philippines DevCo
  • Bukit Makmur.PT - Indonesia
  • KPMG - USA
  • Vizag Seaport Private Limited - India
  • Straits Asia Resources Limited - Singapore
  • Africa Commodities Group - South Africa
  • Petrochimia International Co. Ltd.- Taiwan
  • Uttam Galva Steels Limited - India
  • Permata Bank - Indonesia
  • The State Trading Corporation of India Ltd
  • Bank of America
  • Arch Coal - USA
  • globalCOAL - UK
  • Sojitz Corporation - Japan
  • TeaM Sual Corporation - Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Deloitte Consulting - India
  • Indogreen Group - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Bangladesh Power Developement Board
  • Core Mineral Indonesia
  • The India Cements Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Bulk Trading Sa - Switzerland
  • Arutmin Indonesia
  • Coal India Limited
  • PTC India Limited - India
  • Deutsche Bank - India
  • Borneo Indobara - Indonesia
  • Kideco Jaya Agung - Indonesia
  • ANZ Bank - Australia
  • Asmin Koalindo Tuhup - Indonesia
  • Trasteel International SA, Italy
  • Shree Cement - India
  • GHCL Limited - India
  • Parry Sugars Refinery, India
  • Independent Power Producers Association of India
  • Port Waratah Coal Services - Australia
  • KEPCO - South Korea
  • Japan Coal Energy Center
  • Orica Australia Pty. Ltd.
  • Global Green Power PLC Corporation, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • EMO - The Netherlands
  • Wood Mackenzie - Singapore
  • Salva Resources Pvt Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Ceylon Electricity Board - Sri Lanka
  • The Treasury - Australian Government
  • London Commodity Brokers - England
  • GVK Power & Infra Limited - India
  • Vedanta Resources Plc - India
  • GB Group - China
  • GN Power Mariveles Coal Plant, Philippines
  • Kartika Selabumi Mining - Indonesia
  • Inco-Indonesia
  • CNBM International Corporation - China
  • ING Bank NV - Singapore
  • Ministry of Transport, Egypt
  • South Luzon Thermal Energy Corporation
  • Thermax Limited - India
  • Commonwealth Bank - Australia
  • Iligan Light & Power Inc, Philippines
  • Gupta Coal India Ltd
  • Bukit Asam (Persero) Tbk - Indonesia
  • Central Java Power - Indonesia
  • Cargill India Pvt Ltd
  • Oldendorff Carriers - Singapore
  • Orica Mining Services - Indonesia
  • Thomson Reuters GRC
  • GNFC Limited - India
  • Enel Italy
  • Economic Council, Georgia
  • Bhatia International Limited - India
  • SASOL - South Africa
  • Therma Luzon, Inc, Philippines
  • TANGEDCO India
  • Jaiprakash Power Ventures ltd
  • Chettinad Cement Corporation Ltd - India
  • CESC Limited - India
  • Banpu Public Company Limited - Thailand
  • Kobexindo Tractors - Indoneisa
  • Bayan Resources Tbk. - Indonesia
  • Kobe Steel Ltd - Japan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Planning Commission, India
  • Makarim & Taira - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Maersk Broker
  • McConnell Dowell - Australia
  • Mercator Lines Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • Krishnapatnam Port Company Ltd. - India
  • Coastal Gujarat Power Limited - India
  • NALCO India
  • Coaltrans Conferences
  • Sree Jayajothi Cements Limited - India
  • ICICI Bank Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Kepco SPC Power Corporation, Philippines
  • RBS Sempra - UK
  • OCBC - Singapore
  • Thai Mozambique Logistica
  • UBS Singapore
  • Asian Development Bank
  • IHS Mccloskey Coal Group - USA