Trafigura Beheer is planning to secure a credit facility worth $700 million, Bloomberg reports. The independent oil trading company has appointed a consortium of six banks to arrange the loan. Trafigura will use the proceeds from the offering to refinance debt. The six banks are Australia & New Zealand Banking Group, DBS Group Holdings, National Australia Bank, Oversea-Chinese Banking, Standard Chartered and Sumitomo Mitsui Banking.

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