Trade & Commodities
The Replacement of LIBOR By The End of December 2021: Considering Loan Agreements, Swaps And Derivat
Our leading trade finance team is an integral part of our international trade practice. Clients look to us for commercial, risk-aware advice on how to structure and finance commodities to a range of entities, including many of the world's leading commodities producers, trading houses, banks, trade finance institutions, commodity funds, financing consortia and export credit agencies.
We advise on the full range of financing options such as structured trade, commodities, general trade, export, supply chain and receivables financing. Our trade finance advice includes Letters of Credit and other payment mechanisms. Our thorough understanding of the legal relationships between parties enables us to help clients avoid the problems that could potentially lead to a default.
Acting for the promoters in the development and financing of banana plantations and the negotiation of a ten year off take agreement with Chiquit in Mozambique
Advising Standard Bank of South Africa on its USD 142 million secured loan to Bulyanhulu Gold Mine Limited
Advising Standard Bank (Mauritius) Limited on its USD 20 million secured loan to a Tanzanian conglomerate
Advising an international trader in connection with its debt and equity limited recourse trade financing of an Australian scrap-steel recycler including in connection with its ongoing working capital trade finance lines
Advising an international steel trader on its key core borrowing base financings in South East Asia, the UK, Germany, France and India
Advising lenders and trading companies on transactions involving several hundred million dollars worth of preexport financing of copper, lead and zinc commodities in Central Asia
Acting for a major European bank, which had confirmed several letters of credit, regarding the default of the issuing bank incorporated in Bahrain; obtaining an freezing injunction to seize assets in England; considering cross-border insolvency issues and an application by the administrator for...
Advising a Greek shipping and oil trading entity on its trade finance facilities with ABN Amro and Standard Chartered Bank
Representing Stemcor, the world’s largest independent steel trader, in a USD 2.5 billion global restructuring of its business operations and finances, involving the establishment of a syndicated committed USD 1.1 billion trade finance and borrowing base facility, including the granting of...
Advising a global commodity trader on its European Revolving Credit Facility for USD 850 million for its trade finance working capital lines