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30 March 2016

Blockchain: the future of trade finance?

Blockchain, or distributed ledger technology, is the word on everybody’s lips in financial circles. TXF’s Helen Reid looks in depth at the technology’s applications to...

23 March 2016

EDC goes out on the pull

TXF looks at Export Development Canada's unique and controversial 'pull strategy,' of untied financing to foreign companies like BMW.

21 March 2016
in
Renewables

JBIC rides wave of North Sea wind projects

In an industry braced for change, JBIC continues a move into offshore wind with a joint €443 million refinancing on Holland's Luchterduinen wind farm.

18 March 2016

Bleak outlook for Brazilian exporters and importers

The state of trade, commodity and export finance in Brazil: special correspondent Luis Waldmann looks at the avenues that Brazilian exporters have for export, commodity...

17 March 2016

EDC rolls out new mentorship programme for SMEs

Canada's export credit agency, Export Development Canada (EDC), recently announced it will provide its global mentoring services to the 50 winners of Deloitte Canada's...

15 March 2016

ECA Interview: UKEF sharpens its tools

UK Export Finance’s chief executive, Louis Taylor, tells TXF how the export credit agency is broadening its product suite to offer more support to UK exporters.

11 March 2016
in
Oil & gas

Gazprom agrees 2 billion euro Chinese bilateral loan

In a move which demonstrates the tightening of Russian ties with Chinese financing, Gazprom accessed its biggest ever loan from a private Chinese lender, signing 2...

11 March 2016

IADB disburses $200m tranche for Brazilian pulp plant

Brazil’s largest paper producer, Klabin, received the first tranche of a $300 million A/B structured loan last week via the Inter-American Development Bank to fund a...

10 March 2016

KazMunaiGas crashes prepayment party to improve debt profile

Kazakhstan’s state-owned KazMunaiGas is closing a $3 billion prepayment deal with commodities trader Vitol for crude shipments, in an effort to increase liquidity in...

09 March 2016

Brick by BRIC: the New Development ethos

With the long-awaited BRICS Bank due to begin lending next month, TXF looks at how the institution is breaking away from the western model of development finance to meet...

09 March 2016
in
Infrastructure, Transport

Iran signs first post-sanctions ECA deal with India Exim

The Export-Import Bank of India (India Exim) last month signed a $150 million line of credit with Iran's Bank of Industry and Mine to finance rail upgrades in Iran. The...

08 March 2016

Metalloinvest feels steel squeeze with new $400m PXF

In a sign that Russia’s Metalloinvest is finally feeling the chill of the current frosty steel market, the iron ore and metals company last week signed a new $400 million...

08 March 2016

Costa Rican airport operator seals $127m bond for OPIC repayment

Aeris Holdings, the operator of Costa Rica’s Juan Santamaria International Airport, completes a $127 million refinancing of a loan that will double the airport’s...

07 March 2016

Agencies watch Noble’s revolver negotiations

Hong Kong-based commodities trader Noble Group is in talks to refinance a $1 billion revolving credit facility. If pricing on the new loan does triple, as reports...

04 March 2016

Will international lenders embrace Ghana’s new ECA?

Ghana has approved its new Export-Import Bank after months of political wrangling. But will export financiers be prepared to engage with Africa’s latest export credit...

03 March 2016

ADB promises $10 billion for Indonesian projects

ADB has earmarked $10 billion for Indonesia over the next five years in a bid to support the government's development priorities. TXF speaks with ADB's Steven Tabor to...

02 March 2016

US Exim inches closer to quorum following Shelby’s primary victory

US Exim could be one step closer to being able to fully supporting US exporters following Senator Shelby’s recent victory at the Alabama Primary.

02 March 2016

Nigeria’s NNPC bid for transparency attracts lenders

International banks are showing renewed interest in investments in Nigeria’s oil sector, as the new management of state-owned Nigerian National Petroleum Corporation...

02 March 2016
in
Metals and Mining

Glencore's revolver and results paint brighter picture for trader

Glencore plans to ramp up debt reduction, cutting net debt to $17 billion-$18 billion by the end of this year, as it announced big losses in its annual results. The news...

29 February 2016

Lenders beware: capital controls are making a comeback

Export, commodity and project finance lenders face an increased risk of non-repayment as more emerging market countries turn to capital controls to protect their...