Commodity finance markets in 2016 were a myriad of regional shifts, structuring changes, and price fluctuations. Russia and North America demonstrated a resurgence while commodity price drops led to greater structured financing needs out of the Middle East.
Around 15% of the global population are disabled. Of those, approximately 80% live in developing countries and 150 million are children. TXF caught up with Jane Anthony, executive director of AbleChildAfrica, with which we are very proud to have a partnership, to find out more about the charity's vital role in Africa.
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 pre-export facilities (PXF) start to amortize in full - and all against the backdrop of Ukrainian risk.
Trafigura has closed syndication on its latest 364-day revolver refinancing - upping the size from $1.5 billion at launch to $2.27 billion and pulling in 41 banks including seven new lenders.
With US shale operators in recovery mode after a decimating price war with OPEC, access to credit is slowly developing again and with it alternative financing options to traditional borrowing base or mezzanine debt.
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 weeks. The borrower is said to be waiting on Acron’s syndication close to make its pitch and set pricing guidance.
The power of ‘green’ has ballooned in the past decade, as investors look for responsible ways to invest. People are catching wind of the opportunities for investment in the green bond market, but still with no official global definition, how can we tell the difference between green and sovereign, and how do they apply to trade, asks Lucy Palfreeman?
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 unsecured borrowing making a return, they are likely to get it.
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 borrowing, reduce its cost of debt and trade its way back to significant profits in 2017?
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 margin compression on dollar denominated loans, international banks look set for a reversal of fortune.
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.