Gerald Group Completes Its 15th Successful Refinancing of Credit Facility at $230 Million

Gerald Group Achieves Major Refinancing Milestone

On February 7, 2025, Gerald Group, a premier global trader in commodities specializing in ferrous, non-ferrous, and precious metals, announced the successful refinancing of its 15th annual Revolving Credit Facility (RCF). This refinancing, set at a substantial $230 million, marks a significant achievement in the Group’s ongoing expansion and liquidity strategy.

The latest RCF has been oversubscribed, welcoming the participation of four new banks, bringing the total number of international banking partners to 18. This syndicate of banks spans multiple regions, including Europe, Asia, and the Middle East, reflecting the global reach and trusted reputation of the Gerald Group. The Chief Financial Officer, Patricia Nikolopoulos, emphasized the critical role that this credit facility plays in supporting the Group’s operational growth within the metals and critical minerals trading sector. She also expressed gratitude toward their long-standing banking partners, while enthusiastically welcoming the newcomers into the fold.

The refinancing process was spearheaded by Credit Agricole Indosuez (Switzerland) SA and Deutsche Bank Luxembourg SA, who acted as Joint Senior Bookrunners and Mandated Lead Arrangers. Furthermore, UBS Switzerland AG played a pivotal role as Bookrunner and Mandated Lead Arranger. Alongside them, other banks such as Banco Do Brasil S.A., DBS Bank Ltd, and Erste Group Bank AG also participated as Mandated Lead Arrangers in this significant transaction.

The strong demand demonstrated by the oversubscription can be attributed to the robust fundamentals underpinning the metals sector, which Gerald Group navigates expertly. The company’s integrated network operates across several strategic trading desks located in Stamford, Connecticut, Geneva, Shanghai, and Dubai. This global coverage not only streamlines logistics and transportation but also ensures reliable delivery of metals to industrial customers and end-users around the world.

In promoting a sustainable business model, Gerald Group continues to forge valuable partnerships, engage in strategic investments, and manage structured finance transactions. Backed by a dedicated infrastructure supported by subsidiaries and joint ventures, the organization endeavors to maintain a meaningful presence in the global economy.

Patricia Nikolopoulos remarked, “We are eager to cultivate mutually beneficial relationships with both our longstanding partners and new banking members. Together, we can navigate the evolving landscapes of metals trading while driving growth and fostering innovation within our operations.”

As the demand for metals continues to rise in various industries, Gerald Group's proactive refinancing choice exemplifies their commitment to resilience and adaptation in fluctuating market conditions. Their strategic financial maneuvers align with their overarching goal of delivering exceptional services while remaining at the forefront of the commodity trading sector.

For more about Gerald Group and its comprehensive range of trading and logistics services, visit their official website at www.gerald.com.