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DRW Energy Trading Closes Upsized $1 Billion Revolving Credit Facility

  • DRW Energy Trading LLC closed an upsized $1 billion revolving credit facility on November 10, 2026.
  • The facility includes a two-year, $600 million committed tranche & a one-year, $400 million uncommitted tranche.
  • An additional $400 million accordion feature is available within the facility structure.
  • The transaction was oversubscribed & received strong support from existing lenders.
  • Wells Fargo served as Administrative Agent, Bookrunner, & Joint Lead Arranger.
  • ING Capital, MUFG Bank, Ltd., Natixis, & Societe Generale acted as Joint Lead Arrangers.
  • Other participating banks include Garanti BBVA International, Rabobank North America, & Standard Chartered.
  • Jason Vogler, Head of Franchise Power and Gas, stated the financing enhances capacity to support physical flows across North American energy markets.
  • Cristina Roberts of Wells Fargo highlighted the transaction as a reflection of DRW's business strength & the bank's confidence in the partnership.
Company
DRW
Keywords
DRW