IFLR1000

Nyrstar $150 million prepayment arrangement

5/2/2016
Trade finance
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$ 150 million

Completed

5/2/2016

Overview:

  • Belgian-based mining and metals business Nyrstar has entered into a $150 million prepayment arrangement.
  • The deal is with Dutch commodity trading company Trafigura, who Nyrstar will ship zinc to over the next three years in return for the $150 million payment.
  • Deutsche Bank arranged the deal.

Kurt Stumpo - Journalist

Jurisdictions:

Belgium
Netherlands
Switzerland
United Kingdom

Deal type:

Trade finance

Practice area:

Trade finance

Governing law:

England and Wales

Industry sector:

Mining

Firms:
Baker McKenzie

Party: Nyrstar (Receiver)

Reed Smith

Party: Deutsche Bank (Arranger)

Lawyer: Jonathan Solomon

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