Issue of US$470 million senior variable funding notes by Trafigura Commodities Funding Pte. Ltd.

A&G News 16 April 2018

Allen & Gledhill advised Trafigura Pte Ltd (“Trafigura”) and Trafigura Commodities Funding Pte. Ltd. (“Trafigura Commodities”) on the issue of US$470 million senior variable funding notes by Trafigura Commodities. Trafigura Commodities is an orphan special purpose vehicle set up in respect of a non-recourse funding programme backed by inventories of crude oil and refined metals.

Advising Trafigura and Trafigura Commodities as to Singapore law were Allen & Gledhill Partners Magdalene Leong, Andrew Chan, Kenny Yap and Evan John Lam.

Advising Trafigura and Trafigura Commodities as to Singapore tax issues was Allen & Gledhill Partner Lim Pek Bur.