RLPC-Switzerland's Mercuria seeks $900 mln refinancing loan in live concerns

 for live concerns ,
LONDON, April 29 (Reuters) - Swiss-based commodities trader Mercuria launched a $900 million refinancing loan to syndication, lead banks said on Thursday.
Proceeds from the multicurrency revolving credit will be used for general corporate purposes and to refinance Mercuria's existing $685 million one-year loan dated 2009, which was extended until July this year.
The new deal includes a $755 million one-year tranche A with a one-year extension option at the company's request and at the discretion of each lender.
There is also a $145 million three-year tranche B, which will only be provided by the mandated lead arrangers and bookrunners.
Mandated lead arrangers and bookrunners are BNP Paribas, Credit Agricole CIB, Fortis Bank (Nederland), ING Bank, Natixis, Rabobank, Royal Bank of Scotland, Societe Generale CIB and Standard Chartered Bank.
Prospective participants have been invited to attend a London bank meeting on May 10. (Reporting by Zaida Espana; Editing by David Holmes)

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