Vitaliy Kozachenko worked on a project to restructure a US$30 million trade finance facility provided to a Swiss commodity trader by an Austrian bank. The restructuring was necessary due to the effect of the Covid-19 pandemic on the trader. The facility involved prepayments to a producer of petroleum products in a former Soviet Union state, shipment of petroleum products to international markets via the Black Sea and factoring of invoices issued by the trader to its international buyers.
If you are a commodity trader and seeking finance or need help negotiating a restructuring with your financing bank, get in touch with Vitaliy (vk@vtlcapital.com) or one of our other specialists (info@vtlcapital.com) to see how we can assist.
