Fadhili CHP: Cheap debt but not what Aramco is used to
With a smaller-than-expected commercial bank tranche, the $1.05 billion partially ECA-backed debt package for the Fadhili CHP project demonstrates some of the collateral...
With a smaller-than-expected commercial bank tranche, the $1.05 billion partially ECA-backed debt package for the Fadhili CHP project demonstrates some of the collateral...
For a producer, access to financing can result in the firm’s life or death. Financing comes in different shapes and forms depending on the company’s risk profile. Here,...
Akbank is out to market with the first Turkish bank refinancing of 2017. Where the deal prices will not only be a gauge of international bank appetite for Turkey, but the...
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...
A number of state-owned Omani borrowers are already testing appetite for loans in 2017. But borrowers may have to stagger deal flow to avoid having to compete for lenders...
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...
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...
Financing for the project signed in November 2016, but full financial close was still subject to resolution of some of the conditions in the project’s power purchase...
State-owned Egyptian Electricity Holding Company (EEHC) has tapped SACE cover for a tightly priced loan to finance the CCGT conversions of the Assiut and West Damietta...
A growing number of investors in trade finance funds complain that low default risk trade data provided by the ICC Trade Registry is being used out of context to pitch...
DFI loans and a rare untied UFK covered loan have enabled commercial banks to push the tenor on CBG’s Sangaredi mine expansion financing in Guinea.
Smithfield Foods, one of the US’s largest pork producers, is purchasing grains and grain elevators directly from farmers and steadily removing traders from parts of their...
HEXIM and EDC partnered for the first time to co-finance PLN's development of eight GE-supplied mobile power plants in Indonesia. TXF understands the pricing reflects the...
Financing for the Yamal LNG project is the highest profile demonstration to date of how Russian borrowers are adapting to EU/US sanctions.
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...
Forecasts for trade since the financial crisis have been steady. Now, political anxiety and regulatory tightening casts a huge shadow of ambiguity over the trade outlook...
Relations between Japan and Russia have been historically marked with territorial disputes and security concerns but recent deals suggest this frosty diplomacy may be...
The recent appointment of politically unaligned and technocratic administrators to the cabinet is aimed at consolidating the prime minister’s authority and to dilute the...
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...
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...
A new report into bank funding for the fossil fuel industry has highlighted a resurgence in dealmaking for oil & gas firms. ECAs may have stepped away, but regardless producers have access to a range of sources for debt finance including banks, asset managers and commodity traders.