Rio Tinto signs refinancing facilities
Rio Tinto, the world’s second largest mining company has signed new loan facilities amounting to $7.5 billion to refinance its existing bank debt. The new loan...
Rio Tinto, the world’s second largest mining company has signed new loan facilities amounting to $7.5 billion to refinance its existing bank debt. The new loan...
Law firm Hogan Lovells is expanding its scope and capabilities in Africa by merging with the South African law firm Routledge Modise. The combination will take effect...
Russia’s Nomos-Bank has secured a syndicated loan of $240 million from a group of foreign and Russian banks. The arrangement is the largest syndicate loan yet arranged...
International drilling contractor Sevan Drilling has also closed and drawn down $1.4 billion of its new $1.75 billion bank facility. The funds relate to the delivery in...
The UK and South Korea are set for greater cooperation between the two countries in the field of export finance following the signing of cooperation agreements between...
TXF talks to BNP Paribas about some of the major trends impacting the export credit sector at the present time.
The ICC Trade Register has assisted the industry and policy-makers in developing a pool of data to evaluate the long-held claim that trade and export finance is a...
Jonathan Bell examines some of the recent ECA- backed activity in sub-Saharan Africa, and finds an increasingly broad spectrum of transactions.
TXF talks to Citi about some of the major trends impacting the export credit sector at the present time.
Valerie Colville and Francisco Anzola asses documentation necessities
UniCredit has signed a €30 million ($40.2 million) structured financing with Italian metals producer Metalleghe Group for a new silicon metal production plant in Bosnia-...
Danish export credit agency Export Kredit Fonden (EKF) has reported a significant rise in the number of small and medium-sized enterprises (SMEs) winning SME export...
South African coal mining company, Coal of Africa Limited (CoAL), has signed an 18-month, R210 million (approximately $21.4 million) working capital facility from...
The Royal Bank of Scotland (RBS) has recruited Cissy Hon to the bank as head of trade product management, North Asia and head of supply chain finance, Asia.
First Quantum Minerals (First Quantum) has secured an extension of the tenor, and an amendment of the terms under its existing $2.5 billion credit facility. The signing...
BHP Billiton (BHP), Royal Bank of Scotland (RBS), Westpac Banking Corporation, Cargill and Minerva Marine have completed the first trade financed iron ore trade using...
Energy trading company Gunvor Group has launched its latest syndicated loan – a $1.2 billion revolving credit facility (RCF). The loan is in favour of Gunvor...
China Development Bank (CDB) has agreed to provide facilities of up to $1.2 billion to Russian state-owned Vnesheconombank (VEB) during a regular meeting of Russian and...
Oil development company, Ithaca Energy, has signed a new reserve based lending facility and a revolving credit facility amounting to $710 million. The new funds...
Energy trading company Vitol has attracted strong interest from international banks resulting in the signing of its $7 billion revolving credit facility (RCF). These...
ChemOne is approaching financial close for its flagship Malaysia petrochemicals facility after enduring years of pandemic-related strictures. Its journey has taken in a few unexpected junctures along the way, but its resilience is a healthy marker for big ticket industrial projects in emerging markets.