No products in the basket.
Trafigura has closed approximately US$4.4bn of syndicated revolving and term-loan facilities after strong demand allowed the commodities trader to increase the transaction from an initial US$3.5bn-equivalent launch size. Forty financial institutions participated in the refinancing, which replaces several maturing facilities...
#commodities#commodity finance#liquidity
A Singapore High Court judge has questioned the reliability and recoverability of more than US$1bn of trade receivables claimed by…
#commodity finance#credit risk#Glencore
The Export-Import Bank of the United States has issued a non-binding indicative term sheet for up to US$6bn of financing…
#Argentina LNG#Eni#export credit
Record-low water levels on the Danube have forced cargo vessels in some stretches to operate at less than one-third of…
#barge freight#commodity finance#Danube
German secondary-metals supplier Metycle has secured a US$150m credit facility from Rivonia Road Capital to finance transactions across the full…
#aluminium#commodity finance#copper
Radiant World has disclosed US$870m outstanding to six creditors that financed its receivables, providing the first comprehensive public account of…
#commodity finance#credit risk#Deutsche Bank
African Export-Import Bank has agreed a US$500m Global Credit Facility with the Africa Trading and Distribution Company, creating a working-capital…
#AfCFTA#Afreximbank#ATDC
Glencore has suspended the executive responsible for its iron ore trading business as its dispute with Singapore commodity trader Radiant…
#commodity finance#Glencore#invoice verification
US specialty-products and renewable-fuels producer Calumet has increased its asset-based revolving credit facility by US$100m to US$600m, linking the additional…
#ABL#asset based lending#Bank of America
Mizuho Bank provided about US$100m of credit to Singapore iron ore trader Radiant World in June against invoices purportedly relating…
#Allianz Trade#commodity finance#Glencore
India's Arya.ag is testing a blockchain-based system linking stored grain, electronic warehouse receipts and loan status, potentially giving lenders a…
#agricultural finance#Arya.ag#Avalanche
Ferrexpo has secured a US$15m unsecured loan from its largest shareholder at 9.75% to provide immediate working-capital liquidity while the…
#bridge finance#commodity finance#export finance
The Maldives has agreed a new five-year trade-finance framework with the International Islamic Trade Finance Corporation that could mobilise up…
#commodity finance#imports#International Islamic Trade Finance Corporation