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12 December 2014

US Ex-Im backs SG loan for export of bridge sets to Cameroon

The Export-Import bank of the United States (US Ex-Im) has announced it will guarantee a $50 million loan to finance the export of 55 US-made bridge sets to Cameroon.

11 December 2014

Russia’s Polymetal signs credit facility with EDB

The Russian precious metals provider, Polymetal International (Polymetal), has secured a non-revolving credit facility from the Eurasian Development Bank (EDB).

08 December 2014

Citi arranges financing for Vietnam electricity transmission

Citi has structured an export credit agency-backed financing package for the construction of electric power transmission projects in the south of Vietnam.

08 December 2014

Sovcomflot secures 10-year limited recourse facility

Russia’s Sovcomflot (SCF Group) has secured a new credit facility with European banks, providing the shipping company with vital funds and a healthy 10-year tenor.

08 December 2014

Inventory finance and a view on Qingdao

The investigation into falsified warehouse receipts, the warehouse lock-down and fraud investigation against Decheng Mining (and others) in the Chinese port of Qingdao...

04 December 2014

Gunvor finally closes oversubscribed global RCF

Gunvor Group has finally closed a $1.09 billion revolving credit facility (RCF) in favour of Gunvor International and Gunvor SA acting as the borrowers. The facility was...

28 November 2014

Indonesia’s Lion Air places ATR’s largest order

Indonesia’s largest private airline, Lion Group, has signed a $1 billion purchase agreement with Italian-French aircraft manufacturer ATR for the purchase of 40 ATR...

26 November 2014

Glencore extends and increases loan facilities with DRC’s Katanga

Commodity trading company Glencore has extended and increased its loan facilities with Katanga Mining (Katanga) in the Democratic Republic of Congo (DRC).

26 November 2014

SACE guarantees loan for expansion of Giza power plant

The Italian export credit agency (ECA), SACE, has guaranteed a thirteen-year €210 million ($262.44 million) loan to Italian energy company, Ansaldo Energia, for the...

25 November 2014

Texas Freeport LNG closes project financing on first two liquefaction trains

Freeport LNG Expansion (Freeport LNG) has today announced that its subsidiaries, FLNG Liquefaction (FLIQ1) and FLNG Liquefaction 2 (FLIQ2), successfully closed the debt...

24 November 2014

SBI clarifies proposed loan with Adani Group

Following a range of criticism directed at the State Bank of India (SBI), the bank has defended its position on the signing of a memorandum of understanding (MoU) with...

24 November 2014

SACE signs collaboration agreement with Vietnamese bank

The Italian export credit agency (ECA), SACE, has signed an agreement with the second largest commercial bank in Vietnam, Vietinbank.

21 November 2014

Ghana announces plans to establish export-import bank

The Ghanaian cabinet has approved the establishment of an export-import bank as part of an overarching aim to position the country as an export-led economy.

20 November 2014

ITFC signs murabaha financing with Tunisia’s STIR

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) group, has signed Murabaha financing facilities with Tunisia...

20 November 2014

Olam mandates banks and secures new multi-tranche RCF

Singapore-headquartered, Olam International - a leading agri-business operating across the value chain in 65 countries - has mandated arranging banks and secured...

20 November 2014

India’s Reliance Jio signs oversubscribed syndicated loan

India’s largest provider of telecom tower infrastructure, Reliance Jio Infocomm Limited (RJIL), has signed syndicated term loan facilities amounting to $1.5 billion with...

19 November 2014

TXF Deals of the Year 2014: The Perfect10

TXF is now taking submissions for deals of the year in 2014. The deadline is 19th January so start submitting now

19 November 2014

Trafigura first trader to commit to transparency initiative

One of the world’s leading commodity trading companies, Trafigura, has committed itself to the Extractive Industries Transparency Initiative (EITI), the leading global...

19 November 2014

KUFPEC signs $1 billion loan to fund expansion

Kuwait Foreign Petroleum Exploration Company (KUFPEC), a wholly-owned subsidiary of Kuwait Petroleum Corporation (KPC), has secured a $1 billion loan from an...

18 November 2014

SBI signs agreement with Adani Mining for Australian coal project

The State Bank of India (SBI) has signed a memorandum of understanding (MoU) with Adani Mining, the Australian subsidiary of India’s Adani Enterprises for potential...