Trafigura Securitisation Finance PLC Series 2024-1 ABS Medium-Term Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

Trafigura Securitisation Finance PLC Series 2024-1 ABS Medium-Term Notes Assigned Preliminary Ratings

Trafigura Securitisation Finance PLC Series 2024-1 ABS Medium-Term Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
Trafigura Securitisation Finance PLC Series 2024-1 ABS Medium-Term Notes Assigned Preliminary Ratings
Published Apr 29, 2024
4 pages (1655 words) — Published Apr 29, 2024
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We have assigned preliminary ratings to Trafigura Securitisation Finance's series 2024-1 medium-term notes. The transaction securitizes a pool of trade receivables originated by Trafigura Pte. Ltd., Trafigura Asia Trading PTE Ltd., and Trafigura Trading LLC. This will be Trafigura's seventh trade-receivables-backed medium-term note issuance. PARIS (S&P Global Ratings) April 29, 2024--S&P Global Ratings today assigned its preliminary credit ratings to Trafigura Securitisation Finance PLC's (TSF) trade receivables-backed series 2024-1 medium-term notes (MTN). At closing, TSF will issue class A1 and A2 MTNs (together, the series 2024-1 class A MTNs) and class B1 and B2 MTNs (together, the series 2024-1 class B MTNs). The TSF securitization program was set up in 2004 and is a multi-jurisdiction asset-backed securities transaction backed by

  
Brief Excerpt:

...- We have assigned preliminary ratings to Trafigura Securitisation Finance's series 2024-1 medium-term notes. - The transaction securitizes a pool of trade receivables originated by Trafigura Pte. Ltd., Trafigura Asia Trading PTE Ltd., and Trafigura Trading LLC. - This will be Trafigura's seventh trade-receivables-backed medium-term note issuance. PARIS (S&P Global Ratings) April 29, 2024--S&P Global Ratings today assigned its preliminary credit ratings to Trafigura Securitisation Finance PLC's (TSF) trade receivables-backed series 2024-1 medium-term notes (MTN). At closing, TSF will issue class A1 and A2 MTNs (together, the series 2024-1 class A MTNs) and class B1 and B2 MTNs (together, the series 2024-1 class B MTNs). The TSF securitization program was set up in 2004 and is a multi-jurisdiction asset-backed securities transaction backed by commodity trade receivables originated by Trafigura Pte. Ltd., Trafigura Asia Trading PTE Ltd., and Trafigura Trading LLC. This will be TSF's seventh...

  
Report Type:

Ratings Action

Issuer
Trafigura Securitisation Finance PLC
Sector
Structured Finance
Country
Ireland
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Trafigura Securitisation Finance PLC Series 2024-1 ABS Medium-Term Notes Assigned Preliminary Ratings" Apr 29, 2024. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Trafigura-Securitisation-Finance-PLC-Series-2024-1-ABS-Medium-Term-Notes-Assigned-Preliminary-Ratings-3162611>
  
APA:
S&P Global Ratings’ Credit Research. (). Trafigura Securitisation Finance PLC Series 2024-1 ABS Medium-Term Notes Assigned Preliminary Ratings Apr 29, 2024. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Trafigura-Securitisation-Finance-PLC-Series-2024-1-ABS-Medium-Term-Notes-Assigned-Preliminary-Ratings-3162611>
  
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