Impala Terminals Group concludes oversubscribed first financing round

Impala Terminals Group (the “Company”) has raised USD250 million through its inaugural financing round executed on September 20, 2019.

The five-year financing, which was heavily oversubscribed following presentation in New York, comprises a USD150 million Term Loan and a USD100 million Revolving Credit Facility from a syndicate of seven international banks.

The bank syndicate includes Mandated Lead Arrangers and Bookrunners (Banco de Crédito del Perú, Citigroup Global Markets Limited, ING Capital LLC and The Bank of Nova Scotia), Original Lenders (Credit Suisse AG, Banco de Sabadell and Interbank), as well as a Facility Agent and Security Agent (ING Capital LLC) and a Peruvian Collateral Agent (Banco de Crédito del Perú).

The Company will deploy its financing to support its business growth and potential acquisitions, alongside the refinancing of existing debt and for general corporate purposes.

Guillaume de Contenson, CFO for Impala Terminals Group commented: 
“We are delighted to have concluded our first syndicated loan with strong banks. This long term partnership supports our ongoing business growth.”

ENDS

For further information contact Impala’s Global Press Office: + 41 22 592 4528 or media@impalaterminals.com

For high resolution images visit:  https://www.flickr.com/photos/impalaterminals_images/

 

Note to editors
About Impala Terminals
Impala Terminals is a multimodal logistics provider focused on export-driven economies. It owns and operates a network of ports, port terminals and warehouses which, combined with its transport assets, provide end-to-end logistics solutions for dry and liquid bulk cargoes, general cargo and containers. Impala Terminals employs over 1,500 members of staff and owns and operates 28 facilities across 20 countries around the world, with USD2.5 billion of assets under management.
Impala Terminals was created in 2010 as a wholly owned subsidiary of Trafigura, a market leader in the global commodities industry to support the company’s commodity flows. In December 2019, a joint venture was created between Trafigura and global fund manager IFM Investors to own and operate Impala Terminals’ network of concentrates terminal infrastructure in Mexico, Peru and Spain, and also includes fluvial operations in Paraguay and operations which provide global freight forwarding and multimodal transportation services for Trafigura and third party clients. The strongly backed company has an ambitious five-year business plan with strong targets for investment and growth, whilst continuing to apply the highest standards in health, safety and environmental management.

Visit: www.impalaterminals.com