Jackie Jones
Jackie Jones
Speaker
Counsel

Clifford Chance

Netherlands

Upgrade to initiate conversation first

Upgrade
Sustainability Stream - Workshops

Deal case study: The first ever eBL-linked borrowing base

Shobhit Singh
Head of Trade Finance - Metals, Minerals & Bulk,
Trafigura Group Pte
Camille Maurs
Group Lead Structuring & Execution, Trade & Commodity Finance,
ING Bank
Nicholas Demetriou
Director, Growth,
ICE Digital Trade (formerly essDOCS)
Moderator
Jackie Jones
Counsel,
Clifford Chance

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?