Tag: trafigura

Group treasurer Laurent Christophe said the deal highlights the attractiveness of trade receivables as an underlying asset class.

The policy will support multi-year prepayment transactions with mining companies worldwide, with an expected value of up to $800m. Saudi Arabia will gain access to critical metals and minerals as it diversifies away from oil.

The facility for the global commodities firm allows the off-balance sheet treatment of receivables and prepayments.

Experienced Starkey replaces Stephan Jansma who became global CFO at the commodities firm in the summer.

Stephan Jansma, who has over 25 years experience in the banking and commodities markets, is replacing the retiring Christophe Salmon.

Singapore-based Jeffrey Wang has been appointed head of Asia at the US commodities group.

The new USD and CNH-denominated funds will be used to refinance maturing loans and for general corporate purposes, as the company looks to create a liquidity buffer for potential price volatility.

The transaction was carried out via SGTraDex and demonstrates another use case for the blockchain-based data-sharing platform.

The new solution aims to tackle a lack of transparency of emissions from the transportation of commodities in the supply chain and will allow clients to improve Scope 3 reporting.

A week after refinancing its flagship $5.295 billion European syndicated revolving credit facilities, Trafigura has raised a new $1.2 billion loan to address ongoing volatility in oil markets.

In part two of this exclusive interview with CT, Trafigura group treasurer Laurent Christophe shares the firm's technology strategy to optimise processes and explains how treasurers can prepare for the end of Libor.

In the first of this two-part interview, Trafigura’s group treasurer shares details of the firm’s first sustainability-linked loan structure.