Perspective
14 September 2017
Reputational risk: A growing issue for commodity traders?
In:
Agri/Soft Commodities, Metals and Mining
Concurrent with the imminent launch of a refinancing of Gunvor’s $1.67 billion revolving credit facility (RCF), the borrower is at the centre of a storm of allegations regarding its past conduct in Congo-Brazzaville. While the legal battle is unlikely to deter lenders, reputational risk could begin to impact debt pricing in commodity finance.
