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.
Russia’s syndicated loan market activity is set to boon at the beginning of 2021, according to sources, as corporates delay their Q4 2020 fundraising plans to avoid any lingering ‘Covid premiums’ in anticipation of more favourable pricing conditions early next year.
The recent signing of the RCEP creates the world's largest trading bloc. But, while warmly welcomed to cut red-tape constricting trade, despite its size it is not seen as the game changer it could have been.
The global export, agency & project finance games return! After the roaring success of our virtual event, join us for part 2: online or person. Take your network further!
Available on demand: A premium online event focusing on recent and forthcoming developments across regional export & project finance with unbeatable networking opportunities across each market.
TXF is pleased to bring you an exclusive webinar event for commodity finance executives engaged in the Asia Pacific commodities market.
Roll up, roll up for TXF’s magnificent Export Finance Virtual World Fair 2020, take a ride across the world of global export finance from Asia, Mena, Europe to Africa, and the Americas
This is a fully virtual event, which allows uncapped, senior-level participation from all corners of the globe.
TXF PRI: Trade, Commodity & Export Finance is taking place this February. Delve into the local market and make high-level contacts that might just lead to your next deal...
This virtual event will address those challenges head-on. We want to create an atmosphere that is inspiring and ideas led, that demonstrates the art of the possible for the export finance community.
Uniting the key players and deal makers across the Americas. This is your chance to stay connected and ahead of the curve!
Join us while we are looking into the commodity finance sector for the Asia Pacific region. Connect with key players and hear about current and future deals.
The destination for African export & project finance. Come together with deal makers across the region for virtual networking opportunities second to none .
Proud to be bringing back TXF Global Commodity Finance, a must-attend event for the commodity finance community.
Your largest export, agency & project finance event is back for 2021 after a 2020 virtual extravaganza! Industry renowned as the only place to be for global export finance. Let the deal-making begin!
Calling all changemakers in export finance! Join us to plot your ideas about diversity, sustainability and inclusion in the industry. If you are here to make a difference you are in the right place!