Filter results

Search results

Show:
Results found: 139

09 January 2017

Louis Dreyfus Commodities bolsters European RCF

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...

06 January 2017

Agri traders look to provide supply chain value

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...

05 January 2017

Vitol and NIOC seal first Iran pre-payment deal since sanctions

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...

22 December 2016

Russian market returns to structured financing following downturn

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...

20 December 2016

Commodity finance 2016: agri traders suffer, bankers prosper

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...

19 December 2016

Lenders retain Cofco confidence despite Nidera issues

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...

16 December 2016

Glencore surges past rivals to sign unexpected Rosneft deal

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...

15 December 2016

Japanese financing push seeks to thaw Russia relations

Relations between Japan and Russia have been historically marked with territorial disputes and security concerns but recent deals suggest this frosty diplomacy may be...

08 December 2016

Back to business as usual for Glencore

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...

08 December 2016

Afrexim seals record pricing on syndi loan as lender confidence grows

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...

02 December 2016

Turkey risk underlines syndication slowdown

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...

28 November 2016

Trafigura draws new banks into borrowing base amid metals push

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...

25 November 2016

EFA’s Galena fund takeover expands Asian commodity trade finance

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...

24 November 2016

Gunvor seals European borrowing base as it cuts Russia ties

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...

22 November 2016

Synthesis trade finance securitisation aims to open commodity markets

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...

17 November 2016

Colombia makes trade finance strides following FARC vote

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...

17 November 2016

Trump towers over trade finance

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...

14 November 2016

Côte d'Ivoire’s SAF-Cacao seals $25m PXF amid cocoa demand boom

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...

11 November 2016

Will commodity traders embrace trade financing’s digital future?

As the dazzling array of online trade tools and products continues to evolve, the diverse world of trade and commodity finance has begun to seek out digital solutions to...

09 November 2016

False friends? Trade finance keeps calm despite trade flow woes

Reduced growth forecasts for global trade from the WTO has caused consternation among businesses and economies as the gloomy outlook sees trade flows dip below GDP...