JERA Global Markets Successfully Closes First Two-Year US$1.8 Billion Syndicated Revolving Credit Facility
9 Oct 2026
Singapore, 9 October 2026 – JERA Global Markets Pte. Ltd. (“JERA Global Markets”) is pleased to announce the successful closing of its first two-year US$1.8 billion Syndicated Revolving Credit Facility (“RCF”).
In its fourth successive year of accessing financial market liquidity through a syndicated RCF, JERA Global Markets has extended the facility’s tenor from one year to two years, providing a longer liquidity runway and reducing annual refinancing risk.
Thirty-eight financial institutions participated in the transaction, up from 32 in 2025, including seven first-time lenders with combined commitments of US$485 million. The transaction attracted total commitments of US$3.38 billion, an increase of approximately 20% over the previous year, with five existing lenders increasing their commitments by a combined US$165 million.
The oversubscribed facility was scaled back accordingly, closing with a final facility size of US$1.8 billion. The RCF will support JERA Global Markets’ general corporate purposes, including its global LNG trading business, and provide the financial flexibility to operate across evolving energy markets.
“Moving to a two-year tenor marks an important evolution in our funding strategy, extending our liquidity runway and reducing the need to refinance annually,” said Ben Baglin, Chief Finance & Risk Officer of JERA Global Markets, “The scale and breadth of commitments – from both existing and new banking partners – reflect the confidence our banking partners have in the performance and resilience of our business. We greatly value this continued support, which strengthens our ability to execute our strategy and respond to changing market conditions with agility and at scale.”
The facility was arranged by DBS Bank Ltd., First Abu Dhabi Bank PJSC and MUFG Bank, Ltd., as active Mandated Lead Arrangers and Bookrunners. Natixis, Singapore Branch, served as Facility Agent, while DBS Bank Ltd. acted as Coordinator.
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About JERA Global Markets
The JERA Global Markets Group (JERAGM) is a leading utility-backed energy trader specialising in LNG, power, coal and freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading Ltd, JERAGM is the exclusive trading and optimisation platform for JERA. JERAGM operates one of the most exciting energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Headquartered in Singapore, JERAGM has a global talent pool of about 400 people across offices located in five strategic locations: Singapore, Japan (Tokyo), the UK (London), the US (Houston) and Australia (Brisbane). JERA Global Markets Pte. Ltd. is strongly capitalised with over US$500 million in paid up capital and has retained its AA-Stable rating from R&I, attributable to a robust business model and solid financial base. JERAGM has a total equity of US$3 billion (as of 1 April 2026). For more information, visit www.jeragm.com.