After two days of content and networking in Amsterdam, TXF presents the hot takes of TXF Global Commodity Finance 2022!
TXF’s commodities content manager, Aife Howse, joined Deutsche Bank’s Trade Finance TV to discuss the need for more investment in the metals and mining sectors - an integral part of both the green industrial and digital revolutions.
Trade digitisation has taken a big step forward globally with the announcement that the UK’s Electronic Trade Documents Bill is on its way to becoming law. What’s the significance of this globally? Let’s take some inspiration from Madness.
One week out from TXF Global Commodity Finance, TXF's Aife Howse gets an update from Credendo's Kerlijne Van Steen on how the insurance market is dealing with the Russia/Ukraine shockwaves.
With the war in Ukraine about to enter its third month, there is no sign of Russian military aggression abating. At the same time, turning off the gas tap to Poland and Bulgaria reveals how trade is also at the forefront as a weapon.
To celebrate the launch of the events platform, and the fact we are three weeks out from TXF Global Commodity Finance 2022, TXF’s Aife Howse gets the inside scoop from Melinda Moore, CEO of Clean Mining, as they deep dive into the geopolitical relationship with rising base metals prices
Kicking off the launch of the TXF Global Commodities 2022 events platform, TXF's Aife Howse speaks to Melinda Moore, CEO of Clean Mining, on the rise of commodities prices and heightened geopolitics.
The recent commodity trader rush for emergency liquidity from relationship lenders to meet margin calls has met with a predictable response - credit lines are still open for the biggest trading credits. But at the smaller end of the market the credit squeeze is getting very tough.
The Commodity Finance Data Report 2021, which comprises an in-depth overview of commercial loans in the commodities industry, was published this week. Here are some of the highlights.
Data from TXF's Global Commodity Trade Finance Research Report 2021 shows that market sentiment was uncertain, but more so for corporates
The publishing of some shocking statistics in Rio Tinto’s Report into workplace culture has sparked a much-needed discussion around the necessity of a cultural re-haul – within the mining industry and beyond.
At the end of 2021, Bunge closed an amendment and extension of its ESG-tied loan, boasting more ambitious KPIs and a higher margin reduction if sustainability goals are met. But the trader will not disclose details on how its new KPIs are more challenging or who is auditing the progress. Can ESG claims by commodity traders be taken seriously if they cannot be verified independently? And is ESG opaqueness going to force regulation?
In securing a $600 million loan from Trafigura to finance its mining operations in the DRC, producer Shalina Resources is not only using secondary bank financing in a region which famously struggles to secure debt, but is also chipping away at many of the social issues associated with artisanal mining.
Sam Fowler-Holmes, partner, and Jacqueline Cook, senior knowledge development lawyer, trade and export finance, kick off Sullivan's first seminar of 2022.
Seasonal price volatility is causing Chinese LNG buyers to seek out more long-term contracts for the greener fossil fuel gas, but high prices also mean growth will slow in 2022.
Mercuria returned to the Asian loan market for its annual revolver at the end of last year. But this time round the trader upsized the facility by nearly twice the debt volume - albeit with a small 'Covid premium'.
“The more people that look beyond the stereotypical type of person that ‘belongs’ in this industry, the more positivity and different perspectives will be brought into the industry.” TXF’s Aife Howse speaks to Natalia Haas, managing partner at Mercator Commodities, for this week’s Stages for Change interview.
As the end of 2021 nears, TXF takes a look at current trends and challenges in commodity trade finance and their implications for 2022.
As the energy crisis worsens, a multitude of issues surrounding ESG arise – will consumers be able to afford the price hike? And will the recent retreat of investments in fossil fuels in favour of renewables exacerbate the crisis?
Partner Geoffrey Wynne and senior knowledge development lawyer Jaqueline Cook present Sullivan's November seminar, addressing the question: Can you make your trade finance transactions more secure with or without security?
TXF’s top takeaways from the biggest gathering of the export and project finance community in the world, TXF Global 2021, are here.
In this fortnight’s Stages for Change instalment, TXF’s Aife Howse speaks to Allen and Overy’s Catherine Lang-Anderson, who heads up the firm’s trade and commodity finance practice in London and plays an active role in its diversity and inclusion initiatives.
The TXF Bespoke Bank Heatmap Research Reports - comprising both quantitative and qualitative data - delve into the strengths and weaknesses of the top 15 commodity trade finance banks across seven criteria, providing indispensable client insights tailored to each individual bank.
In this week’s edition of the Stages for Change interview series, Sabine Vigneron and Angie Dorschel discuss the power of coincidence, working together to champion small ticket financings, and the role that digitalisation will play in the future of export finance
Partner at Sullivan, Sam Fowler-Holmes presents the October breakfast seminar on structuring trade finance transactions using SPVs and how to balance the risks and rewards.
In this fortnight’s Stages for Change interview, TXF’s Eavie Burnett speaks with Nedbank’s Mbali Kubheka on her growing career in export finance and the capacity it gives her to make real change
In this fortnight’s Stages for Change interview, TXF’s Eavie Burnett speaks with Nedbank’s Mbali Kubheka on her growing career in export finance and the capacity it gives her to make real change
ESG was at the forefront of the discussion at the TXF Global Commodities event in Geneva. But it wasn’t just climate change and carbon neutrality on people’s minds. The ‘S’ portion of ESG is typically less focused on in the commodities world, despite having interesting implications for portfolio risk, and is gaining prominence.
Ahead of TXF Global in Madrid next week, Max Thompson takes a look at the increased innovation and flexibility ECAs are showing around the structure of export credits in Africa, particularly covering the 15% down payment financing traditionally needed for ECA-backed deals. And there is room for further development of the ECA product offering.
“At the moment, there's still a traditional bias related to a lot of jobs in the commodities industry, and we need to break this, in terms of gender as well as diversity in general”. In this fortnight’s Stages for Change instalment, TXF’s Aife Howse speaks to Gunvor’s Elsa Pernot on what more could be done to even out industry inequality within the commodity trading sector.
The TXF Global Commodity Trade Finance Industry Report 2021, which offers an independent, comprehensive, and unique exploration of some of the key trends in the industry over the past year, is to be released next week. From concerns over secondary trader on-lending to an uptick in structured finance, here are some of the hot takes.
6 October 2021, 14:00 BST. Register now for this exclusive TXF TV webinar, sponsored by Nedbank CIB, in which we take a look at the African ECA export finance market through a data lens.
Sullivan's Geoff Wynne, Mark Norris and Jacqueline Cook present the September trade and export finance seminar.
6 October 2021, 14:00 BST. Register now for this exclusive TXF TV webinar, sponsored by Nedbank CIB, in which we take a look at the African ECA export finance market through a data lens.
In this week’s edition of the Stages for Change series, TXF’s Eavie Burnett speaks with Johanna Wissing about her extensive international career in trade, and the work that needs to be done to nurture junior talent through this pivotal moment in history
Each week, we're bringing you the latest headlines from trade, export, and commodities finance via the TXF Newsdesk
Following its reorganisation last year, Olam has secured a massive $5.2 billion across three separate facilities to set its new operating groups in motion. With agri named the most resilient sector in TXF’s Global Commodity Trade Industry Report 2021, we take a look at part of the integral role Olam plays here
It has been a long time and much has happened since we held our last physical global commodities event. But come 7-8 October we are back in Geneva and addressing the realities of the commodity finance market today in our hybrid event.
“Why try to compete with a trade finance bank when you can co-invest with them”. In this fortnight’s Stages for Change article, TXF’s Aife Howse speaks to Audentia Global’s Sophia Vanco on why banks and alternative credit managers work better together.
Each week, we're bringing you the latest headlines from trade, export, and commodities finance via the TXF Newsdesk
Here’s a sneak peek of TXF’s H1 Commodity Finance Data Report 2021, which will be out later this week. Comprising comprehensive data on commercial loans, the report dissects material on the financings of both commodity traders and producers.
“There's been a lot of talk about money moving out of the industry, but I haven't seen it materialise in a significant way yet”. In this week’s instalment of the Stages for Change series, TXF speaks to Laura Martone, finance partner at Bracewell within the New York energy group, about changes and continuances within the oil and gas sectors.
How is SWIFT’s own digital trade evolution progressing? Will corporates, banks and vendors be on board and does the organisation risk competing with itself? TXF looks to history and asks more questions than it can get answers to at the moment. Will a pivot toward APIs be an answer in trade?
Each week, we're bringing you the latest headlines from trade, export, and commodities finance via the TXF Newsdesk
“A reluctance to change is sometimes bred into people. Openness to change is important, and a certain level of self-reflection is essential in order to grow with the changing industry.” In this week’s instalment of the Stages for Change article series, Aife Howse speaks to Esther Berkelaar, global lead, portfolio risk, trade and commodity finance at Rabobank.
Part of the commodity trade finance sector is transforming itself with the use of digital platforms utilising blockchain technology. We look at two key examples where significant inroads are being made.
In this week’s instalment of the Stages for Change series, Aife Howse speaks to ING’s Mayke Geradts, director of sustainable finance, on the headwinds posed by working in a relatively new and ever evolving industry.
We’re taking the global export roadshow to Lisbon! Join us on the 7th & 8th June 2022 for another unmissable hybrid event. Deal makers from across the globe are attending in force. Don't miss out...
The destination for African commodity finance! A unique opportunity to come together with deal makers across this exciting region for virtual networking opportunities second to none!
Returning in-person to London! Calling all changemakers in trade & export finance - Join us for another thought-provoking edition to plot your ideas about diversity, sustainability and inclusion.
Return of the hugely popular virtual event which addresses the challenges of sustainable commodity finance head on. Bringing you an atmosphere that is inspiring & ideas led! The time is now...
TXF Asia is back, in-person, in Singapore! After three fabulous virtual editions, nothing can compare to face-to-face meetings and getting back in the room with the finest export finance minds.
Three virtual editions later, TXF APAC makes its first in-person return, in Singapore! Join us for an intimate, local language event curated specially for the trade and commodity finance market.
The climax to Geneva commodities week, TXF Geneva brings together the European commodity finance market for an unparalleled two days of thought leadership, networking and education.