Trafigura Successfully Prices And Launches Its Inaugural Perpetual Subordinated Bond In Singapore At USD 500M

SINGAPORE, April 11, 2013 /PRNewswire/ -- Trafigura Beheer B.V., ("Trafigura") a market leader in the global commodities industry, has successfully priced and launched an inaugural Perpetual Subordinated Bond listed on the Singapore stock exchange at USD 500 million. The Bond, which was priced at a fixed rate of 7.625%, was met with very strong interest and an order book that was more than five times oversubscribed.

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"This transaction has helped us to branch out our funding and lengthen our debt maturity, as well as enhance our credit standing with senior unsecured lenders. It is the first US dollar subordinated bond that we have priced and launched and we were delighted with the level of demand that came from institutional investors and private banks across Asia and Europe," said Trafigura's Chief Financial Officer and Asia Pacific Managing Director, Pierre Lorinet.

Funds raised will be used for general corporate purposes and investments.

Trafigura's first bond, a five year EUR 400m senior unsecured bond was launched in Europe in April 2010 and priced at 6.375%.

Credit Suisse, DBS Bank Ltd and The Royal Bank of Scotland were the joint lead managers for the transaction.

For further information please contact:
Trafigura's Global Press Office: +44-207-009-1708 or media@trafigura.com
OR
Poh Leng Yu, Ruder Finn Singapore – Tel: +65-6235-4495 or yupl@RuderFinnAsia.com

Notes to editors

The Trafigura Group is one of the world's leading international commodity traders, specialising in the oil, minerals and metals markets, with 81 offices in 56 countries in six continents.

The Group's primary trading businesses are the supply and transport of crude oil, petroleum products, renewable energies, coal, refined metals, ferrous and non-ferrous ores and concentrates. It is the world's second largest privately owned non-ferrous and oil trading company.

Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in recent years, growing turnover from USD18 billion in 2004 to USD120.4 billion in 2012. For more information visit www.trafigura.com

NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR TO ANY PERSON OR ADDRESS IN THE US

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement does not constitute an offer of securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration as provided in the Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States of America or to conduct a public offering of securities in the United States of America.