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14 April 2016

ECAs propel cruise-ship market boom

Last week, MSC Cruises signed a letter of intent with STX France for the construction of four LNG-powered ships with France's ECA, Coface, backing the $4.5 billion...

12 April 2016

Engie’s generation sales: end of an era for global IPPs?

European multi-utility Engie announced a swathe of power generation sales on 25 February. The sales cover 13,000 Megawatt (MW) of capacity, as part of what Engie calls...

10 April 2016

'Listen to the customer': A final word with US Ex-Im chairman Fred Hochberg

Fred Hochberg is now officially the longest serving chairman in the history of US Exim Bank. 2016 was his seventh and final annual conference in the role, and TXF caught...

10 April 2016

US and Turkish agencies team up to target African business

TXF was on hand at the signing of a new cofinancing agreement last week, between US Ex-Im Bank and Turk Eximbank, aimed at making exporters more competitive, particularly...

08 April 2016

Lesotho to expand diamond industry amid global downturn in the precious stone

Diamonds may be forever, but they are as vulnerable as the next commodity to a global downturn. Diamond miners had a rough year in 2015, although they still outperformed...

08 April 2016

Satellite financing bounces back with $255m JSAT deal

At the end of last month, JBIC signed a $63.75 million loan agreement with JSAT as part of $255 million facility with three Japanese banks for the financing of the...

07 April 2016

Emotional Hochberg thanks exporters for backing Ex-Im

President and chairman of the Export-Import Bank of the US (Ex-Im) Fred Hochberg was visibly moved as he addressed US exporters today in the opening speech of the Annual...

06 April 2016

MIGA boosts Eskom's CAPEX power plan

At the end of last month, MIGA announced its backing of €698.9 million in loans from two international banks to develop Eskom's power transmission infrastructure in South...

01 April 2016

Exclusive: Sierra Rutile seeks debut PXF

Sierra Rutile is in talks with banks for its first pre-export financing as it plans to restructure its existing debt. However, many banks continue to be wary of lending...

01 April 2016
in
Power

Atomic diplomacy: EXIAR backs $103m loan to fund Indian nuclear plant

EXIAR, Russia’s ECA, has backed a $130m loan to Atomstroyexport to build a nuclear power plant in India. TXF takes a closer look at the state-support behind the...

01 April 2016

ECAs brighten Bangladesh's power plan

Earlier this month, Bangladesh sealed a $2 billion credit line from the Export-Import Bank of India for power development in a deal indicative of an exciting new trend...

31 March 2016

Russian coal titan taps cheap ruble for new PXF

SUEK has secured a $1 billion pre-export finance facility showing Russian commodity producers buoyed by a cheap ruble can still access international financing despite...

30 March 2016

Japanese steel forges ahead with double JBIC deal

The ailing Japanese steel sector — the second largest in the world — has received $405 million in financing, in favour of two overseas subsidiaries, from the Japan Bank...

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...