EXIM Backstops Swiss Commodity Trader $400 million

Posted 7/13/23

The Board of Directors of the Export-Import Bank of the United States (EXIM) announced their approval of a 400 million dollar credit guarantee for the trading book of a Swiss commodity trader.

Financial Institution Buyer Credit (FIBC) policies backstop credit lines for Geneva – based Trafigura to broker natural gas purchases from the US “primarily to European Buyers,” according to the EXIM announcement.

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