Frankfurt – October 29, 2026 -- KfW IPEX-Bank has committed USD 300 million to a USD 1.5 billion untied loan for commodities trader Trafigura. The loan finances more than 150 TWh of natural gas deliveries to Germany over five years.
Nine-bank consortium backs facility with Euler Hermes guarantee
The financing is an untied financial loan (UFK) covered by a guarantee from German export credit insurer Euler Hermes. Nine banks participate. KfW IPEX-Bank acts as Facility Agent and as coordinator and agent for the export credit agency (ECA).
