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07 July 2016

Saipem taps GIEK for innovative multi-tranche facility

Earlier this month, the Italian drilling company Saipem closed a €667 ($740 million) million GIEK-backed buyer's credit facility to finance the purchase of equipment and...

06 July 2016

PhosAgro’s debut PXF a ‘benchmark transaction’ for future eurobond

Russian fertiliser producer PhosAgro’s debut PXF is testing market appetite ahead of a planned Eurodollar bond issuance, as Russian exporters benefit from a weak rouble...

30 June 2016

Sanjeev Gupta – UK steel’s knight in shining armour?

Ollie Gordon talks to Sanjeev Gupta, the founder and executive chairman of Liberty House Group, about the commodity firm’s much-publicised takeover bid for Tata’s UK...

29 June 2016

South Africa’s downgrade to junk ‘almost inevitable’

Africa’s second largest and most sophisticated economy risks a heavy blow to its ability to attract financing if, as experts widely predict, its credit rating is...

28 June 2016

Cargill and Bunge go against the tide on sustainable palm oil

Cargill and Bunge stood out as the only traders not to cut ties with Malaysian palm oil producer IOI after its sustainability certificate was suspended, throwing up...

28 June 2016

Lenders not 'nervous' as Gunvor taps $400m borrowing base

Despite the downturn in commodities markets, one of the world's biggest oil traders - Gunvor - is currently enjoying its 'best trading years'. The company closed a $400...

23 June 2016

ED&F Man closes $1.88bn RCF

At the end of last month, UK agricultural commodities trader ED&F Man closed a two-year $1.88 billion revolving credit facility with a syndicate of 45 international...

23 June 2016
in
Transport

Introducing Ishka: A new company for the aviation finance industry

TXF is delighted to announce our new foray into the world of aviation with the launch of Ishka!

22 June 2016

How would Brexit affect UK trade?

As millions of UK citizens queued up at polling stations the length and breadth of the country, Ollie Gordon talked to trade economists, business associations, and...

20 June 2016

Seaborn CEO: Laying the foundations for subsea ECA support

On the sidelines of TXF's Export, Agency and Project Finance conference in Rome, Max Thompson caught up with the CEO of Seaborn Network, Larry Schwartz, to find out more...

14 June 2016

Industry superheroes rewarded at TXF Amsterdam and Rome

The industry had its say about the best institutions and players in commodity and export & agency finance for our annual Best in Class awards. The winners in each...

09 June 2016

SMEs and trade finance at the centre of WTO Deliberations

The gap in funding for SMEs worldwide is a growing concern for the trade finance community and the international financial institutions regulating trade. Marc Auboin from...

09 June 2016

Glencore signs $7.7bn loan and sheds agri assets

The commodities trading powerhouse today confirmed the sale of just under 10% of its Glencore Agri business, continuing divestment in the context of ambitious debt...

07 June 2016

SMEs help EKN double number of guarantees in Q1

Increased demand from SMEs has Swedish ECA EKN double its number of guarantees in Q1 of 2016 compared to the first quarter of 2015.

03 June 2016

CALC broadens its financing base as it signs $195m debut syndicated loan

China Aircraft Leasing Holdings looks to a busy future of aircraft supply with regional carriers as it signs its debut syndicated loan facility for $194.7 million...

02 June 2016

GIEK takes evasive action as offshore market tanks

The Norwegian ECA is heavily exposed to the offshore oil and gas market and has put and extra $580 million aside to deal with an increase in claims.

02 June 2016

Egypt signs consortium financing for new wind farm

Egypt has partnered with GDF Suez, Toyota and Orascom to build a 250 MW wind farm, the project is part of a government push to hit 4.3 giga watt (GW) of wind and solar...

01 June 2016

SACE reveals 91% rise in claims for Q1

Italian ECA SACE this week announced the value of claims hit €130.8 million in the first quarter results of 2016 - up 91% on the same period last year. SACE says the...

31 May 2016

Development agencies pledge $149m for Costa Rican wind projects

GME, Central America's leading wind energy company, has tapped three international development agencies, FMO, Proparco, and OeEB for $149 million in long-term financing...

31 May 2016

Zurich appoints Dave Anderson as global head of Credit & Political Risk

Dave Anderson has been announced by Zurich Insurance as their new Global Head of Credit & Political Risk. He has been with Zurich for 14 years, most recently as their...