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.
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.
We are delighted to bring back this senior-level virtual event dedicated to the MENA region! Examine the regions' key trends and future opportunities whilst networking in a safe space.
It's been away for far too long - but your TXF Global Commodity Finance event is coming to Geneva! Join dealmakers in an enchanted forest of opportunity for an unmissable networking experience...
Your largest export, agency & project finance event returns in the flesh for 2021! Get your boots back on the ground in Madrid at this go-to global event for all things export finance.
A key virtual event in the export, agency & project finance event calendar for senior and influential professionals working across the Asia-Pacific region. Networking and deal opportunities abound!
A dedicated virtual forum for the APAC commodity finance community. Join dealmakers from across Asia-Pacific as we tackle key industry issues and analyse the latest deals in the market.
TXF France is the industry leading event to make connections and discover new sectors, regions and ideas for ECAs, banks, exporters and service providers.
The next episode of this intimate and focused event returns virtually to get you up to date on the latest trends in Italian Export Finance. Expect first-class networking and debate
The trusted meeting place for anyone involved in the financing of German exports.
TXF presents this intimate and focused event returning virtually to get you up to date on the latest trends in British Export Finance. Expect first-class networking and debate!