In this workshop style session, we will be picking apart Trafigura's 2024 £2.8 billion borrowing base, which is the first ever syndicated financing to include eBLs as secured collateral, answering questions such as: 

• What makes this deal so unique?
• How was the eBL-linked element of this deal structured?
• What were the biggest headwinds in structuring and closing this deal? 
• Could this deal pave the way in the future?