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.

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Results found: 8343
Squire Patton Boggs makes commodity, shipping partner hire
2 August 2021

Duferco closes €105m revolving credit facility
2 August 2021

Louis Dreyfus: Tapping ESG-tied debt, at a premium
Louis Dreyfus: Tapping ESG-tied debt, at a premium
Max Thompson
2 August 2021

Louis Dreyfus Company’s latest revolver mimics its debut in the Asia sustainability-linked debt sector from 2019 - but with a Covid premium on the loan margin and an uptick in fees.

Poseidon to raise $22m for Black Swan Project
2 August 2021

Santos offers better deal to Oil Search
2 August 2021

Alligator raises A$11m for multi-metal strategy
2 August 2021

Theta secures funding for TGME Gold Project development

Almonty secures additional financing for Sangdong mine
2 August 2021

Ramelius sells Kathleen Valley royalty
2 August 2021

ExxonMobil and Chevron reverse losses amid higher oil prices
2 August 2021

Gupta pays $25m to end long-running spat with Rio Tinto
2 August 2021

Shell LNG project threatened amid cost dispute over pipeline
30 July 2021

Czarnikow closes $80m syndicated borrowing base facility
30 July 2021

Chevron unveils leadership chanes
30 July 2021

Baker Donelson adds Jasper Mason to energy team
30 July 2021

EcoGraf's expansion plans raise interest from ECA
30 July 2021

Allegiance raises A$30m for Alabama coal buy
30 July 2021

Chia Tai taps $500m offshore borrowing
29 July 2021

Anglesey Mining unveils new chief executive
29 July 2021

ICC, Finastra bring trade funding marketplace pilot to Ecuador
29 July 2021

Turkish exporters could face steep extra costs under new EU carbon rules
29 July 2021

Banyan closes $11.9m first tranche of financing
29 July 2021

JSW Cement raises funds via private equity investors
29 July 2021

Bank of Kigali signs $20m loan with MCB
29 July 2021

Gunvor, PetroChina place lowest offers for Pakistan LNG tender
29 July 2021

Bluejay Mining to sell Finland projects for $5.6m
29 July 2021

TXF, BAFT, Baker McKenzie unveil report on LIBOR transition impact
28 July 2021

Rio Tinto commits $2.4bn for Jadar lithium project
28 July 2021

FSRU planned for LNG import terminal offshore South Australia
28 July 2021

TXF Newsdesk: The headlines this week
TXF Newsdesk: The headlines this week
Aife Howse
28 July 2021

Tune in to today's episode of the TXF Newsdesk to stay up-to-date with the latest headlines in trade, export, and commodity finance

Jervois completes first part of funding drive
28 July 2021

CPFI out to banks for refi
28 July 2021

Australian Strategic Materials achieves key milestones toward ‘mine to metal’ vision

SCF reforms shelved in wake of Greensill inquiry
SCF reforms shelved in wake of Greensill inquiry
Max Thompson
28 July 2021

A UK parliamentary inquiry into the Greensill Capital debacle has concluded the trade fund’s demise does not justify regulatory reforms to the wider supply chain finance (SCF) market. But investors aren't convinced, with the accounting treating of SCF by corporates still an issue that needs more stringent regulation.

Italy's Intesa to phase out coal mining financing by 2025
28 July 2021

BHP offers to buy Canada's Noront Resources for $258m
27 July 2021

Freeport Indonesia secures $1bn loan for copper smelters
27 July 2021

Lake Resources hires new CFO to advance Kachi financing
27 July 2021

Stanmore gets approval to develop Queensland coal project
27 July 2021

Poland's PGNiG ends LNG deal over US Texas Port Arthur delays
27 July 2021

CDC agrees trade finance risk sharing facility with HBL UK
27 July 2021

StanChart, ICG in €1.45bn ESG-linked facility for ICG Europe Fund VIII

Eurasia Mining hires new chief exec for Russian subsidiaries

Implats Zimbabwe unit plans 185MW solar power plants
27 July 2021

Jervois Mining to buy Finland-based Freeport Cobalt for $160m
27 July 2021

Fe signs offtake deal with Glencore for JWD iron ore products

Unitrove plans to build world's first H2 bunkering facility
27 July 2021

Bolero promotes Chris Broster to role of CFO
27 July 2021

Shell makes FID for Whale development in Gulf of Mexico
26 July 2021

More leave Mizuho's syndicated finance team
26 July 2021