Bloomberg News

Louis Dreyfus Commodities Signs $800 Million Loan Facility

December 20, 2011

Dec. 20 (Bloomberg) -- Louis Dreyfus Commodities Suisse SA, the raw materials trader with roots going back to 1851, signed its first European syndicated loan facility.

The $800 million three-year financing, guaranteed by parent company Louis Dreyfus Commodities B.V., is split between a term loan and revolving credit facility, according to a statement from lenders. The deal was increased from $600 million, the lender said.

HSBC Holdings Plc, BNP Paribas SA and UniCredit SpA were among a 28-strong group of lenders involved in the deal.

--Editors: Michael Shanahan, Paul Armstrong

To contact the reporter on this story: Louise Meeson in London at lmeeson@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net


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