Mercuria tests demand for $1b syndicated loan

Mercuria tests demand from lenders for its $1 billion loan even as it is embroiled in a lawsuit with Citi over payments for metal backed financing in Qingdao Port.

Swiss commodities trading firm Mercuria is testing lenders' appetite for a $1 billion syndicated loan facility, at a time when it is embroiled in a lawsuit with Citi over payments for metal-backed financing in the Qingdao Port.

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