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25 January 2017

Margin call? Oil traders’ strong performances maintain cheap pricing

The world’s largest traders including Glencore, Trafigura and Gunvor are set to launch their refinancings for revolving credit facilities in the coming weeks having...

23 January 2017

Broad brush Brexit – but no details

Theresa May’s speech last week confirmed what many analysts expected - a hard Brexit and a farewell to the single market. But the speech was broad strokes, and the real...

20 January 2017

KfW Development Bank keeps Lima metro on track

The Peru government raised DFI loans last month from both KfW and AFD – the latest tranches of debt to back the state contribution to the $5.8 billion Lima Metro Line 2...

18 January 2017
in
Metals and Mining

Undermining: Funds making inroads into mid-level mining project debt market

Is the fund-backed debt package for Continental’s Buriticá gold mine project symptomatic of a growing alternative to traditional project lenders in the mid-level mining...

17 January 2017

Amandi Energy ends 2016 on financial close

Amandi Energy's $522 million CCGT power plant began construction last month and is expected to increase Ghana's electricity supply by 7% once completed in 2019.

13 January 2017

Cents and sensibility: When will US Ex-Im be allowed to do its job properly?

The volume of US Ex-Im export and job support plummeted again in 2016. But against all the political odds the battered ECA still made a profit for the US Treasury –...

09 January 2017
in
Oil & gas

Tangguh LNG 3: The start of a major new BP gas strategy?

The Tangguh LNG 3 financing was the major deal in the Asian oil and gas market last year. But more significantly, it marked the return of a global sponsor to expansion...

04 January 2017

National Grid taps landmark ECA facility for NSL project

National Grid North America has tapped a SACE and EKN-backed facility to finance EPC contracts for the North Sea Link project. The transaction is the largest ever...

04 January 2017

TXF Deal of the Year 2016 Award submissions due to close on 23rd January

We are looking for the most innovative, market influencing transactions within trade, commodity, ECA/DFI-backed and project financing.

21 December 2016

ICC Trade Register 2016 promotes low risk of trade finance, but investors should still take care

The ICC Trade Register for 2016 finds that trade finance continues to have a favourable risk profile. However, some within the trade finance community question whether...

19 December 2016

Lenders retain Cofco confidence despite Nidera issues

Agricultural trader Nidera has had a string of problems in recent years as it continues its integration into Cofco Agri. However, lenders are still confident that Cofco...

16 December 2016

Glencore surges past rivals to sign unexpected Rosneft deal

Commodity trader Glencore has stolen a march on its rivals, securing an unexpected deal with state-owned Russian oil company Rosneft. The Switzerland-based trading house...

15 December 2016

Japanese financing push seeks to thaw Russia relations

Relations between Japan and Russia have been historically marked with territorial disputes and security concerns but recent deals suggest this frosty diplomacy may be...

15 December 2016

HSBC predicts services to contribute a quarter of global trade by 2030

The new global trade forecast predictions from HSBC with research partner Oxford Economics see the services industry accelerate steadily to stand at a quarter of global...

12 December 2016

ECAs fuel Mozambique LNG project amid IMF caution

ECAs are to offer guarantees for two LNG projects in Mozambique, as commercial lenders watch closely to see how talks progress between the government and the IMF before...

12 December 2016

ELZ Finance: The EBRD and MIGA target bond guarantees

Credit enhancement on the Elazig hospital PPP financing shows how bonds could help emerging markets projects take off.

09 December 2016

India Exim boosts Ghana's infra push amid election race

Last month, India Exim provided loans to finance the construction of a railway line, sugarcane development, and irrigation system in Ghana.The deal closed in the run up...

09 December 2016

IBM and Mahindra aim to evolve Indian supply chain with blockchain solution

IBM and Indian conglomerate Mahindra Group announced this month their new partnership in developing a blockchain prototype to aid Mahindra’s supply chain, a first for a...

08 December 2016

Back to business as usual for Glencore

Following a tough 2015 which saw the share price of commodity trader Glencore drop dramatically, signs of improvement have been evident in 2016. The resumption of...

08 December 2016

Can UK exporters fill UKEF's new £5bn country limit?

In light of the Autumn Statement, UK Export Finance will double country limits to £5 billion. But the question is whether the UK actually has enough exporters to fill the...