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22 November 2013

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...

20 November 2013

Hogan Lovells expands with South African merger

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...

18 November 2013

Nomos-Bank secures loan for gold producers

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...

08 November 2013

Sevan Drilling closes and draws down financing arranged by ING

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...

08 November 2013

UKEF strengthens trade ties with Korea

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...

08 November 2013

Export finance head interview – BNP Paribas

TXF talks to BNP Paribas about some of the major trends impacting the export credit sector at the present time.

08 November 2013

A threat to the future of export finance?

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...

08 November 2013

The widening base in sub-Saharan Africa

Jonathan Bell examines some of the recent ECA- backed activity in sub-Saharan Africa, and finds an increasingly broad spectrum of transactions.

08 November 2013

Export finance head interview – Citi

TXF talks to Citi about some of the major trends impacting the export credit sector at the present time.

08 November 2013

ECA documentation

Valerie Colville and Francisco Anzola asses documentation necessities

07 November 2013

Sace and UniCredit combine for Bosnian silicon plant

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-...

05 November 2013

Boost for Danish SMEs with strong EKF support

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...

04 November 2013

Coal of Africa signs loan with Investec

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...

31 October 2013

RBS makes senior hire for Asia trade

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.

30 October 2013

First Quantum extends tenor of principal credit facility

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...

30 October 2013

BHP and Cargill complete first iron ore trade using CargoDocs

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...

24 October 2013

Gunvor launches latest RCF

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...

22 October 2013

CDB and China Exim extend credit lines to VEB

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...

18 October 2013

Ithaca signs extended RBL and corporate facilities

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...

17 October 2013

Vitol attracts strong interest for latest RCF

Energy trading company Vitol has attracted strong interest from international banks resulting in the signing of its $7 billion revolving credit facility (RCF). These...