The Texel Group established a charitable foundation in 2015 and we have supported more than 90 programmes across 21 countries with donations of over £1.3 million. The Texel Foundation is supporting its charities during these tough times with grants focused on helping mitigate the difficulties that they face due to the COVID-19 pandemic.
For more information on the Texel Foundations’ work, visit the Texel Foundation website.
Difficult market conditions have raised many questions over the future of structured commodity finance. With banks focusing more on domestic financings is it possible to raise significant structured syndicated financings at this time and what can banks and traders do to give themselves the best opportunity to secure capacity from insurers? How have underwriters adjusted their approach to new structured oil deals and what updates do they have with regards to claims notifications? Finally, what are the long term implications for deal refinancings as the green movement takes hold and is sustainability even a factor when it comes to underwriting transactions.
The announcement that key commodity finance banks will no longer be financing the trade of commodities has shocked the industry. In the wake of this news, this session will paint a clear picture of the APAC commodity financing scene. Which banks are leading the way when it comes to financing certain commodities and where can traders turn to when in search of liquidity? Are small and medium sized traders getting access to the funding they need and what options are available to them?