Euronav seals oversubscribed RCF despite tanker industry slump
Belgium-based oil tanker company Euronav has secured competitive pricing on its latest revolving credit. The deal was oversubscribed and pulled commitments from 10 banks....
Belgium-based oil tanker company Euronav has secured competitive pricing on its latest revolving credit. The deal was oversubscribed and pulled commitments from 10 banks....
Following the departure of its grains chief executive, Matt Jansen, Cofco Agri appears to have altered its plans to become a global agricultural trader. The shift could...
Despite margin pressure in some of its key markets in 2016, Louis Dreyfus has added $200 million to its European RCF – pulling 38 banks into the facility with pricing...
Smithfield Foods, one of the US’s largest pork producers, is purchasing grains and grain elevators directly from farmers and steadily removing traders from parts of their...
Commodity trader Vitol has secured the first major contract between a trader and Iran since the easing of EU sanctions in early 2016. The agreement continues the trading...
Traditionally the world’s largest market for pre-export financing (PXF), Russia has seen an increase in the number of PXFs arranged for its companies in 2016. High levels...
As we approach the end of a year that has made the headlines for a variety of reasons, many surprising, shocking and unexpected events have also played out in the...
Agricultural trader Nidera has had a string of problems in recent years as it continues its integration into Cofco Agri. However, lenders are still confident that Cofco...
Commodity trader Glencore has stolen a march on its rivals, securing an unexpected deal with state-owned Russian oil company Rosneft. The Switzerland-based trading house...
Relations between Japan and Russia have been historically marked with territorial disputes and security concerns but recent deals suggest this frosty diplomacy may be...
Following a tough 2015 which saw the share price of commodity trader Glencore drop dramatically, signs of improvement have been evident in 2016. The resumption of...
The African Export-Import Bank has secured an oversubscribed syndicated term loan with record-low pricing. Afrexim’s recent dealings with China has boosted the bank’s...
Following a year which saw a failed coup attempt and changes to the political and economic landscape in Turkey, questions have been raised about the risk associated with...
Commodity trader Trafigura has sealed a renewal of its metals borrowing base with an facility. A recent rally in the price of base metals and the streamlining of its...
Trafigura subsidiary Galena’s commodity trade finance fund is set to expand its product offering following its takeover by EFA Group. The Singapore-based company takes...
Long associated with the Russian market, Gunvor has made large strides in recent years to refocus its global activities. Following the purchase of a Rotterdam refinery...
While banks remain key to the trade financing process, the input of corporate trade finance through securitisations has been on the rise. A structure from Synthesis could...
After years of growth and the upcoming end of the conflict with FARC, Colombia could be set to open its arms for international trade finance. However, doubts about the...
Donald Trump’s election last Tuesday may have only surprised pollsters but there was a mixed reaction in the trade financing space. The potential effects of Trump’s...
Despite a poor season earlier this year, global demand for cocoa remains high. One of Côte d’Ivoire’s largest grinders has secured a PXF with British Arab Commercial Bank...