Trafigura Securitisation Finance's Series 2021-1 ABS Medium-Term Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

Trafigura Securitisation Finance's Series 2021-1 ABS Medium-Term Notes Assigned Preliminary Ratings

Trafigura Securitisation Finance's Series 2021-1 ABS Medium-Term Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
Trafigura Securitisation Finance's Series 2021-1 ABS Medium-Term Notes Assigned Preliminary Ratings
Published Jul 06, 2021
5 pages (2363 words) — Published Jul 06, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We have assigned preliminary ratings to Trafigura Securitisation Finance's series 2021-1 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 sixth trade-receivables-backed medium-term note issuance. PARIS (S&P Global Ratings) July 6, 2021--S&P Global Ratings today assigned its preliminary credit ratings to Trafigura Securitisation Finance PLC's (TSF) trade receivables-backed series 2021-1 medium-term notes (MTN). At closing, TSF will issue class A1 and A2 MTNs (together, the series 2021-1 class A MTN) and class B1 and B2 MTNs (together, the series 2021-1 class B MTN). 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 2021-1 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 sixth trade-receivables-backed medium-term note issuance. PARIS (S&P Global Ratings) July 6, 2021--S&P Global Ratings today assigned its preliminary credit ratings to Trafigura Securitisation Finance PLC's (TSF) trade receivables-backed series 2021-1 medium-term notes (MTN). At closing, TSF will issue class A1 and A2 MTNs (together, the series 2021-1 class A MTN) and class B1 and B2 MTNs (together, the series 2021-1 class B MTN). 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 sixth MTN issuance...

  
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's Series 2021-1 ABS Medium-Term Notes Assigned Preliminary Ratings" Jul 06, 2021. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Trafigura-Securitisation-Finance-s-Series-2021-1-ABS-Medium-Term-Notes-Assigned-Preliminary-Ratings-2693774>
  
APA:
S&P Global Ratings’ Credit Research. (). Trafigura Securitisation Finance's Series 2021-1 ABS Medium-Term Notes Assigned Preliminary Ratings Jul 06, 2021. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Trafigura-Securitisation-Finance-s-Series-2021-1-ABS-Medium-Term-Notes-Assigned-Preliminary-Ratings-2693774>
  
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