Mercuria Energy Trading S.A (“Mercuria”) is pleased to announce the successful closing of its new EUR 500,000,000 five-year Multicurrency ECA covered Credit Facilities Agreement guaranteed by SACE, Italy’s Export Credit Agency (“ECA”) controlled by the Ministry of the Economy and Finance, as part of SACE’s Push Strategy (the “Facilities”).
Mercuria mandated UniCredit S.p.A. as Global Coordinator, UniCredit Bank AG, ING Bank N.V., Société Générale, Natixis, and UBS Switzerland AG as Mandated Lead Arrangers and Abu Dhabi Commercial Bank PJSC as Lead Arranger.
“This is the first ECA-backed transaction for Mercuria. Under this agreement, Mercuria will supply more natural gas, electricity and LNG to the Italian market, supporting Italian national industrial needs and the overall European energy market,” said Guillaume Vermersch, Group Chief Financial Officer of Mercuria.
Name: Matt J. Lauer or Benoit Lioud
Tel: +41 22 594 7000
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