Eurochem taps PXF as fertilisers weather market conditions
Swiss-headquartered, Russia-focused fertiliser producer Eurochem’s recent PXF sees the potash supplier attempt to restructure its debt and manage liquidity at a time of...
Swiss-headquartered, Russia-focused fertiliser producer Eurochem’s recent PXF sees the potash supplier attempt to restructure its debt and manage liquidity at a time of...
Despite a crop-damaging drought and fears about production levels, the Ghana Cocoa Board (Cocobod) has refinanced its annual PXF in a vastly oversubscribed facility. The...
The development of one of the world’s highest producing polyhalite mines in North Yorkshire, backed by commercial bank and Canada’s EDC financing could bring jobs and an...
Following the Financial Times’ Asia commodities summit in Singapore, questions have been asked about the over-supply of particular commodities and high debt levels in...
The Asian Development Bank’s (ADB) annual Trade Finance Gaps report highlights specific difficulties in developing markets in Asia and Africa amongst a general gap of...
US and EU sanctions against Russia came into effect in 2014 and two years later their effect has led to an economic slowdown, and limited financing opportunities. The...
After years of discussion and initiatives BPO has struggled to gain real traction in the market due to its slow uptake by corporates and relative complexity. Commerzbank...
Following the complete purchase of commodities traders Nidera and Noble Agri, Cofco, the Chinese state-backed trading house, could be set to move on a market suffering...
Trade finance’s first global blockchain transaction has been completed by Barclays and Wave via SWIFT, hinting at an exciting and digital future for banks and corporates....
Virtual currency Bitcoin has been deemed more likely to be a speculative investment rather than a medium of exchange according to a new report by SWIFT. The instigator of...
Coalition’s H1 2016 report on corporate and investment banks shows a continued decrease in trade finance volumes globally with Asia-Pacific bearing the brunt of the...
Beleaguered commodity trader Noble Group is continuing its debt restructuring efforts through asset sales and rights issues after a difficult year for the Hong Kong based...
Swiss commodity trader Glencore has sealed a refinanced borrowing base with increased pricing following a difficult 12 months for the company. However, lenders have...
Russia CIS producers were the highest recipients of bank debt in H1 2016, with a number of big deals for the region. Despite sanctions concerns and a downturn in wider...
TXF’s commodity finance report for H1 shows that overall commodity financing is down 30% on the same period last year while structured commodity financing has increased...
Gunvor has closed an oversubscribed revolving credit facility. The Swiss trader has drawn new banks into the syndicated facility and increased the size of the deal...
Although experiencing problematic market conditions, commodity trader Ocean Partners successfully closed a refinanced revolving credit facility in July, attracting...
Lenders have always been keen to protect their returns but a recent trend towards borrowing base facilities demonstrates a clear preference for stringent security and...
Despite sanctions still impacting Russia, the state-owned oil giant Gazprom’s UK-based subsidiary has quelled lender concerns to seal a new commodity financing agreement....
Senior practitioners of the trade and export finance community will gather at the University of St Gallen this autumn for another edition of IfTI’s Global Symposium. Expect lively debate around case studies and best practices in trade as geopolitical tensions rise.