I had this emailed to me today. If there is so much money about and talk of Trax helping ADN out - then why haven't they.
Or have they and just waiting for the announcement.
Traxys extends and up BBF to $1.6 billion
Metals and natural resources trader Traxys has extended its flagship multi-currency syndicated revolving credit facility and upped to loan to $1.6 billion. The deal signed on 25 June this year. A dozen lenders submitted increased commitments during the book-building and syndication process.
Interesting times ahead.. maybeh
ADN new rating, page-34
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