Commodity Finance

Commodity finance comprises two key products. The first is commodity-linked loans in the agriculture, oil and gas and mining industries where the lender has the future production or reserves of the commodity as security. These types of deal can be reserves-based loans, pre-export facilities, prepayment facilities, or even streaming, royalty-based loans and factoring. The second are very large unsecured term loan and revolving credit facilities provided annually by commercial banks to the major commodity trading houses and producers – Glencore, Gunvor, Trafigura, Vitol, ADM, Bunge and Castleton for example. These loans, effectively working capital facilities, also enable the major traders to provide loans to commodity producers that lack liquidity, thus ensuring security of commodity supplies and additional profits from that lending due to the arbitrage between the cost of debt for the major traders and what they can on-lend at.

Search results

Show:
Results found: 5028
Tanya Epshteyn joins Czarnikow as Head of Structured Finance
27 January 2020

London Trade Roundtable elects new chairman and widens its reach
27 January 2020
LTR

Novatek to order up to 42 new Arc7 LNG carriers totaling $12bn
27 January 2020

Almonty to receive $76m KfW-IPEX financing for Sangdong project
27 January 2020

IMF aid to Congo Republic on hold over Glencore, Trafigura impasse
27 January 2020

Soy crusher Vicentin 'in takeover talks with firms including Glencore'
27 January 2020

Metalloinvest: Mikhailovsky GOK MD Sergey Kretov resigns
27 January 2020

Byng Giraud named president of AlaskaCAN LNG
27 January 2020

Diversifying critical minerals supply chain poses long-term challenge for US
24 January 2020

Covantis initiative announces ConsenSys as technology partner
24 January 2020

Exxon prepares sale of UK, German oil & gas assets
24 January 2020

Novolipetsk Steel adds ESG-tied incentive to €250 mil debt
24 January 2020

China's Beijing Gas gets approval for LNG terminal in Tianjin
24 January 2020

Squire Patton Boggs opens Milan office
24 January 2020

Trafigura to buy Puma Energy stake from Angolan general'
24 January 2020

Moma: Kenmare turns project debt vanilla
Moma: Kenmare turns project debt vanilla
Aife Howse
23 January 2020

Ireland-based Kenmare Resources returned to the debt markets in December to refinance the remaining debt backing its Moma titanium mine in Mozambique. But this time round, the deal has a new lender line-up, vanilla structure, looser covenants and cheaper pricing, which all reflect the strength of the mine’s cash flows and its expansion capacity.

SocGen names Deia Markova as head of trade commodity finance in Switzerland
23 January 2020

Diversified Gas & Oil expands lending group on credit facility
23 January 2020

Aramco eyes acquisition loan for Port Arthur LNG interest
23 January 2020

Hudbay Minerals: Peter Kukielski is new President, CEO
23 January 2020

NioCorp expands credit facility to boost Elk Creek project
23 January 2020

Baker Hughes profit misses estimates as LNG equipment demand wanes
23 January 2020

Petrobras to price largest share offering in a decade next month
23 January 2020

Santander Bank leads $75m RCF with WTEC
23 January 2020

Phillips 66, partner ditch renewable diesel project in Washington
23 January 2020

Orion looks for partner for Prieska Copper-Zinc Project in South Africa
23 January 2020

ICC, Singapore government, banks, corporates and traders sign trade digitisation accord at Davos
22 January 2020

Russian Potanin buys partner’s stake in copper and gold mine
22 January 2020

EBRD provides $100m to back Louis Dreyfus operations
22 January 2020

Lekoil restructures Nigerian field purchase after fraud discovery
22 January 2020

BP exits Iraq’s Kirkuk field as expansion plans are delayed
22 January 2020

Norilsk Nickel to upsize and tighten $2.5bn facility
22 January 2020

Ecobank to up agricultural lending in Nigeria
22 January 2020

Canal Sugar seals dual-currency bridge deal for agri project
21 January 2020

Halliburton swings to $1.7bn loss in 4Q
21 January 2020

Lilis Energy left with $25m borrowing base deficiency
21 January 2020

Trafigura acquires 49.9% stake in Mali's Kita solar power plant
21 January 2020

NLNG appoints SMBC, Guaranty Trust as Train 7 financial advisers
21 January 2020

BP: Murray Auchincloss to succeed Brian Gilvary as CFO
21 January 2020

Resolute launches equity raising to repay bridge loan
21 January 2020

FAR secures $300m facility for Sangomar project in Senegal
21 January 2020

Anglo American: The light at the end of Sirius’ funding pit?
Anglo American: The light at the end of Sirius’ funding pit?
Max Thompson
20 January 2020

Anglo American agreed a £405 million ($527 million) rescue deal with Sirius Minerals this week. The takeover is a lifeline for Sirius which faced collapse if it could not find alternative funding for its struggling Woodsmith polyhalite mining project in the UK. But what is the benefit for Anglo?’

MET Group upsizes annual RCF to €950m
20 January 2020

GCA seals loan for ammonia project in Texas
20 January 2020

COFCO International head of grains 'leaves firm'
20 January 2020

Anglo American makes £405m bid for Sirius Minerals
20 January 2020

OilCo victory sheds light on complex aspects of US sanctions
20 January 2020

Trafigura to take 6% stake in President Energy
20 January 2020

Olam to form two businesses as part of revamp
20 January 2020

Trafi upsizes loan for Norilsk's copper cathodes
17 January 2020