London—Dentons is pleased to announce that a recent deal it advised on has been recognised as one of Trade & Export Finance's (TXF) 'Perfect 10 Deals of the Year 2015'.

As part of the top-ranked deal, Dentons advised Deutsche Bank on its US$2 billion refined metals borrowing base facility to Trafigura Pte. Ltd., Trafigura Trading LLC, and Trafigura Derivatives Limited ("Trafigura"). The facility involved a 16-bank syndicate and Deutsche Bank acted as the co-ordinating bank facility, security agent and account bank for the transaction. The deal was successfully closed in November 2015.

The Trafigura deal has picked up a number of accolades in the past few months.  Deutsche Bank was recognised by Trade Finance magazine as the winner of the "Best FI trade servicing bank" category for the deal, and the matter was highlighted in Trade and Forfaiting Review magazine as one of the its highly commended deals of 2015.

The Dentons team advising Deutsche Bank on the matter was led by Banking and Finance partner Celia Gardiner in London, assisted by senior associate Ian Clements and associate Gabriel Heley with transaction support from partner Lee Smith and associate Victoria Lee in New York.

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