Metinvest: Rejigging the odds
Around two years in the making, Metinvest has completed its debt restructuring, won a small ratings upgrade and now has no meaningful debt maturities until 2019 when its...
Around two years in the making, Metinvest has completed its debt restructuring, won a small ratings upgrade and now has no meaningful debt maturities until 2019 when its...
Amid a growing pipeline of upcoming pre-export finance (PXF) facilities out of Russia, fertiliser producer Uralkali is expected to launch a refinancing in the coming...
Russian borrowers are pushing for margin tightening on a number of current pre-export refinancings. With bank appetite for Russian investment grade credits on the up, and...
Following a $1bn-plus loss turnaround in 2016, Noble is back in the debt market with a major refinancing of facilities closed last May. Can the struggling trader up its...
Changes in Chinese foreign exchange regulations could be set to attract new international banks and domestic borrowers to the offshore financing space. And after years of...
Mid- and downstream oil company Puma Energy is set reduce the pricing on its one-year RCF following a good set of financial results for 2016.
Fertiliser producer Acron is among at least four Russian borrowers that are already looking to tap the PXF market in 2017. But with a sub-investment grade, Acron is...
Metalloinvest has followed SUEK back into the PXF market and launched a major new borrowing to international lenders. But with Rusal also rumoured to be looking for a new...
Beleaguered commodity trader Noble is out to syndication with a new borrowing base facility. The Hong Kong-based company has undertaken asset sales and a rights issue as...
When agri commodities trader Transmar - a top ten global supplier of cocoa beans - filed for Chapter 11 bankruptcy at the end of 2016 there were fears of an impact on...
Privately-owned London-based commodity trader ED&F Man is set to launch its annual RCF on 10 February. According to a number of bankers the deal is expected to be fairly...
Fast growing multi-commodity trader MET Group has secured tight pricing on its latest RCF and debuted with an unsecured RCF tranche in a bid to break collateral...
Pricing of Rusal's debut eurobond is comparable with the cost of PXF debt given rising Libor rates, the longer tenor and the security package - so says Oleg Mukhamedshin,...
Ukraine-based sunflower oil producer and exporter Kernel has successfully debuted in the international bond market, a measure of growing lender confidence in the...
The world’s largest traders including Glencore, Trafigura and Gunvor are set to launch their refinancings for revolving credit facilities in the coming weeks having...
Despite the conflict in eastern Ukraine and the crash in iron and steel prices, Metinvest has managed to restructure its debt and even lowered pricing on some of its...
Commodities trader Trafigura has launched the refinancing of part of its flagship 2015 European RCF with a group of international banks. The pricing on offer is said to...
Sofitex, one of Burkina Faso’s largest cotton exporters, is expected to finalise €90 million ($95.4 million) in financing from international banks for the 2016/2017...
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...
The wait for the winners of the TXF Perfect 10 Commodity Finance Deals of the Year is over. Here are the landmark deals of 2023.