Trafigura Seeks PE Funding as Commodity Surge Triggers Margin Calls
- Trader discussed $2 billion to $3 billion deal with Blackstone
- Company faced multibillion-dollar margin calls last week
Source: Bloomberg
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Trafigura Group, one of the world’s top oil and metals traders, has been holding talks with private equity groups to secure additional financing as soaring prices trigger giant margin calls across the commodities industry.
Trafigura has in recent weeks stepped up efforts to seek new funding from beyond its traditional group of bank lenders, according to people familiar with the matter.