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04 December 2015

US aluminium group Kaiser renews $300m RCF

US-based aluminium producer Kaiser Aluminium has signed a $300 million, five-year senior secured revolving credit facility (RCF) by amending and restating its existing...

04 December 2015

CB Bank to directly finance exporters

Myanmar's Co-operative Bank (CB Bank) has ramped up its trade financing services and will now provide financing directly to exporters. It becomes the first bank in...

04 December 2015

JBIC supplies credit line to BNDES for energy projects

Export credit agency, the Japan Bank for International Cooperation (JBIC) is setting up a line of credit with Brazil's state-run development bank BNDES for...

04 December 2015

US industry buoyant following formal reauthorisation of US Ex-Im

After over five months of political wrangling in the US House of Representatives and the Senate, the Export-Import Bank of the United States (US Ex-Im) has finally and...

03 December 2015

Egypt's Al Baraka Bank joins IFC's trade finance programme

The International Finance Corporation (IFC) has signed an agreement with Egypt's Al Baraka Bank to expand the availability of trade finance for the country's...

03 December 2015

EDC prices new $300m green bond

With the aim of providing financial support to help sustainable Canadian businesses commercialize, scale up and go international, Canadian ECA Export Development Canada...

03 December 2015

Vitol in $3bn prepayment for KazMunayGas

Kazakh state-owned oil and gas company KazMunayGas plans to receive up to $3 billion from trader Vitol in the form of advance payments for crude from the Tengiz...

03 December 2015

Balani: Banks have to understand they are the frontline of AML

In a wide-ranging interview with TXF’s Hesham Zakai, Henry Balani talks about the responsibilities facing banks; unintended consequences engendered by regulation,...

03 December 2015

Congress ready to resuscitate US Ex-Im

Nearly six months after being left on life support, the Export-Import Bank of the United States is poised to be reauthorized by Congress. The House is set to vote...

03 December 2015

Sinosure backs Transnet in $6.6bn China-South Africa trade deal

China has signed 26 agreements pledging to invest ZAR94 billion($6.6 billion) in South Africa to support its flagging economy and boost its own exports. The deals...

03 December 2015

EKN appoints Tomas Duffy director of large corporates

Sweden's export credit agency EKN has named Tomas Duffy the new director of its large corporates business area. Taking up the position on 1 December, Duffy has...

03 December 2015

EDC supports Canadian aircraft-parts manufacturer with loan guarantee

Canadian export credit agency Export Development Canada (EDC) today announced that it has provided a loan guarantee to Terrebonne, Quebec-based Précision SF...

03 December 2015

ADB loan to expand Mongolian SME financing through credit guarantees

The Asian Development Bank (ADB) has approved a $60.8 million loan and technical assistance grant to improve the Mongolia’s credit guarantee system, which will...

03 December 2015

TXF’s Charity Partner: AbleChildAfrica

TXF is proud to support AbleChildAfrica, a grassroots charity that helps children with a range of disabilities in Kenya, Uganda and Tanzania.

02 December 2015

TXF releases African conference agenda

TXF Media has made the agenda for its African February conference available to download. The Pan-African event, TXF Africa 2016: Export, Agency and Project...

02 December 2015

Ashurst boosts Singapore resources and infrastructure team

Law firm Ashurst has appointed Andrew Digges as a Singapore-based partner in its resources and infrastructure team. His experience includes advising on general...

02 December 2015

ING Bank appoints new Hong Kong boss

ING Bank has appointed John Sprengelmeijer as branch manager of its Hong Kong office. He will keep up his duties as head of trade and commodity finance as well as...

02 December 2015

Third Party Funding (TPF) in litigation – at what cost to the non-funded party?

GTLaw recently won a major arbitration victory for an international oil-trading house over the alleged breach of an oil supply and processing contract. The damages...

02 December 2015

Oil and gas group Bellatrix sees borrowing base cut

Canadian oil and gas group Bellatrix Exploration has had the borrowing base under its secured revolving credit facility reduced from $600 million to $540 million. The...

02 December 2015

Glencore's Optimum coal unit may be sold

Commodity trader Glencore's South Africa-based Optimum coal unit, which went into "business rescue" in August after an unprofitable deal to supply the...