TXF Global 2020: Export, Agency & Project Finance
The global export, agency & project finance games return for 2020! Join us for the only virtual gathering on its kind on 2-5 June and the physical event in September. Take your network further!
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.
The coronavirus pandemic has reminded the trade community how paramount the maritime industry is to keeping global supply chains flowing. But will digitisation help lower the significant associated costs with the manual paper-based sector?
In the third of a series of insights on the impact of Covid-19 on the global economy, Orbian CEO Tom Dunn interviews Huw Cordey, acclaimed natural history film producer, to find out how the natural world is being affected by the pandemic.
Thursday 21 May | 11:00 BST | 14:00 GST When obligors in remote countries miss payments, speed and local knowledge are essential in recovering defaulted funds. In this webinar we will explore the avenues available for amicable, arbitrated and judicial recovery for export credit insured transactions in MENA