The trader held talks with Blackstone Group Inc. for an investment of about $2 billion to $3 billion in preferred stock or a similar hybrid instrument, but those talks ended without a deal, the people said, asking not to be identified because the discussions were private. Trafigura also has Apollo Global Management Inc., BlackRock Inc. and KKR & Co. approached, according to the people.


This post Trafigura Seeks PE Financing As Commodity Margin Rise Causes Margin Calls was original published at “https://www.bloombergquint.com/business/trafigura-seeks-funding-from-private-equity-as-commodities-soar”

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