Singapore, 16 October 2025 – JERA Global Markets Pte. Ltd. (“JERA Global Markets”) is pleased to announce the successful closing of its one-year US$1.8 billion Syndicated Revolving Credit Facility (“RCF”). Building on the momentum of previous years, the facility was once again significantly oversubscribed – by more than 200% – demonstrating strong, continued demand from both returning and new banking partners. 

Thirty-two global financial institutions participated in the transaction, including four first-time lenders. Compared to the RCF 2024 closing amount, total commitments for the facilities increased by US$305 million with this year’s RCF closing at US$1.8 billion. The number of banks were scaled back accordingly due to the significant oversubscription. This RCF will support general corporate purposes, including the company’s global LNG trading business, and reinforces JERA Global Markets’ capacity to navigate dynamic energy markets with agility and scale.

The reaffirmation of JERA Global Markets’ credit rating of AA-, Stable that was announced by Rating and Investment Information, Inc. (R&I) on 14 October 2025 further reflects the company’s stable financial fundamentals and disciplined risk management amid evolving market conditions.

Ben Baglin, Chief Finance & Risk Officer of JERA Global Markets, said, “The depth of support from our banking partners – across Asia, Europe, the Middle East, and beyond – is a clear vote of confidence in the strategy, performance and resilience of our business. To have 32 institutions participate, including a number of new lenders, reflects the strength of our business model and the trust we’ve built in the market. This facility positions us well to continue delivering value in a fast-evolving global energy landscape.”

The transaction was led by Australia and New Zealand Banking Group Limited, Singapore Branch, DBS Bank Ltd., First Abu Dhabi Bank PJSC, and Sumitomo Mitsui Banking Corporation, Singapore Branch, who acted as active Mandated Lead Arrangers and Bookrunners. Natixis, Singapore Branch served as Facility Agent, with DBS Bank Ltd. taking the role of Coordinator. 

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About JERA Global Markets

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM’s shareholders are among the world’s major utilities. JERAGM operates one of the largest 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). JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has retained its AA- Stable rating from R&I, attributable to a robust business model and solid financial base. For more information, visit www.jeragm.com.