Stamford, Connecticut, USA, November 11th / PRNewswire / -- Castleton Commodities International LLC ( CCI ) announced the successful renewal of two credit arrangements totaling $2.4 billion, which is higher than the $2.1 billion for 2025.

These two arrangements include a secured borrowing line of $2 billion, which consists of a one-year tranche of $900 million and a two-year tranche of $1.1 billion. This secured line also comes with an accordion option up to $1 billion, providing additional financing flexibility to support the ongoing operations and business growth of CCI. In addition, CCI has also renewed its unsecured revolving credit line and expanded it to $400 million, up from the previous $210 million.

The aforementioned credit arrangement received over-subscription, with commitments from 17 banks in 9 countries totaling more than $2.9 billion.

CCI Chief Financial Officer and Chief Operating Officer Rick Dolcetti stated: "The successful renewal and expansion of these financing arrangements reflect CCI's robust financial condition, as well as the confidence of our banking partners in our growth strategy. We value the long-term support and cooperative relationship established with the global banking network."

MUFG Bank Ltd, Soci served as the Coordinator, rale, Citibank N.A., Co ö peratieve Rabobank U.A. New York Branch, Credit Agr Token Issuance, le, Corporate, and, ING Capital LLC, Natixis New York Branch, and Wells Fargo Bank N.A. acted as the joint lead arranger for this guaranteed facility. MUFG Bank Ltd also served as the global coordinator and administrative agent for both arrangements.

Hogan Lovells Cadwalader US LLP serves as the legal counsel for the lender. Blank Rome LLP serves as the legal counsel for CCI.

About Castleton Commodities International LLC

CCI is a global energy commodity trader that integrates its operations, focusing on the marketing, management, and trading of commodities, as well as the ownership, operation, and development of infrastructure assets related to these commodities. For more information, please visit: www.cci.com.

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Hannah Curnutt