Live Breaking News & Updates on Mercuria Equity Investment
Stay updated with breaking news from Mercuria equity investment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Global commodities trader Mercuria has closed US$1.3bn-worth of revolving credit facilities (RCFs), drawing in support from a group of 31 lenders. The agreement is comprised of a one-year facility with an offshore Chinese renminbi option, a one-year swing facility, and a three-year RCF. Financing will be used for general corporate and working capital purposes, as . ....
Global commodities trader Mercuria has closed an oversubscribed US$2.2bn revolving credit facility from a group of banks in North America. Financing will back the company’s working capital needs in the region, as well as wider efforts to boost Mercuria’s renewable portfolio on the continent and transition towards greener business. The multi-year senior secured borrowing base . ....
Deutsche Bank and global commodities trader Mercuria have settled a US$21mn dispute stemming from the Qingdao metals scandal exposed in 2014, court documents show. Mercuria filed a claim against the German lender in London’s High Court in November 2019, seeking damages, interest and costs over a 2014 deal in which Mercuria paid the bank for . ....
The energy crisis may be further aggravated! It is reported that in order to further strengthen the linkage supervision of the spot market during the coal period, bring the excessively high coal price down to a reasonable level as soon as possible, and let the coal market return to rationality, recently, the Price Department of China's Development and Reform Commission formed a number of investigation groups together with the price and cost investigation center on the basis of organizing local cost surveys of coal production and circulation enterprises. Go to relevant provinces to conduct field investigations on key coal production enterprises and circulation enterprises, so as to provide a basis for determining a reasonable range of coal prices and preventing coal enterprises from making exorbitant profits. ....