DXT closes inaugural syndicated US borrowing base facility to support North America division

Oct 28, 2024 | News, old

We are delighted to announce that last month we closed our inaugural syndicated US borrowing base facility for the benefit of our US subsidiary, 𝗗𝗫𝗧 𝗖𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝗶𝗲𝘀 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗜𝗻𝗰., with Wells Fargo acting as Mandated Lead Arranger, Administrative Agent and Bookrunner, together with Rabobank and ING acting as Lenders.

This facility will be used to support our fast-growing gas & power trading franchise in North America, paving the way for a promising future for our US division.

We thank our US colleagues and banking partners for the great team effort and strong support throughout, and we look forward to further building on our partnerships going forward.

DXT Commodities
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