Supermarket Income REIT has secured a £445 million debt refinancing to lower borrowing costs and extend average debt maturity. The new facilities comprise a £375 million syndicate and £70 million bilateral arrangement, replacing all existing unsecured loan facilities maturing over the next two years. The refinancing includes four facilities ranging from three to five years, all with two one-year extension options. The average margin across facilities is 1.18% above the Sterling Overnight Index Average, delivering annual interest cost savings of approximately £300,000. The REIT has added Lloyds Bank and ABN AMRO as new banking partners whilst retaining relationships with Barclays, HSBC UK, ING and The Royal Bank of Scotland. The refinancing increases the group's weighted average debt maturity from 2.9 years to 3.8 years.

Trafigura Group has issued a $500 million senior bond with a five-year maturity under its Euro Medium Term Note programme. The bond priced at 5.625%, tightening 20 basis points from initial guidance, following strong demand from institutional investors across Asia, Europe and the UK. The proceeds will be used for general corporate purposes. The issuance extends Trafigura's debt maturity profile and diversifies its funding sources, building on the company's return to bond markets in 2025. Chief Financial Officer Stephan Jansma said the pricing reflects investor confidence in Trafigura's investment grade standing and its role in global commodity supply chains. JP Morgan and Standard Chartered Bank served as global coordinators, with Credit Agricole CIB, ING and Société Générale as joint lead managers.