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20 April 2016

BEST AFRICAN ECA FINANCE DEAL OF THE YEAR: Italian lenders venture onto DFI turf with Kenyan dam financing

In one of the first non-concessional foreign loans in Kenya, the Itare dam project is set to bring fresh water to 800,000 Kenyans and is our Best African ECA Deal of the...

20 April 2016

Olam’s strong profile secures a range of funds from investors

Over the past week, Singapore-headquartered agri-business and trader Olam International has secured a new $650 million revolving credit facility (RCF), a $300 million...

20 April 2016

Rolls-Royce and Airbus seal £4bn Indonesia airline deal

Garuda Indonesia, the country's national carrier, has signed a £4 billion deal with Airbus and Rolls-Royce to upgrade its 14 A330s to the A330neo. The deal...

20 April 2016

Sector risks remain under pressure in emerging markets

Industries, especially sectors dependent on business investment in emerging Asia, Latin America and North America, are being hit by slow global growth and low oil...

20 April 2016

Petrobras could get lift from Rousseff impeachment

Brazil's state oil company Petrobras could benefit if President Dilma Rousseff is impeached, according to investors and analysts. Many claimed Rousseff's...

20 April 2016

Denbury sees borrowing base reduced

US oil and gas company Denbury Resources has reduced its borrowing base from $1.50 billion to $1.05 billion. The company had $310 million outstanding under its credit...

20 April 2016

KB Insurance and Natixis agree co-investment deal

Seoul-based KB Insurance and France's Natixis are uniting to co-invest in infrastructure and aviation debt originated by Natixis.

20 April 2016

Standard Bank signs $1bn loan

South Africa's Standard Bank has sealed a $1 billion, 36-month, term loan facility in London. It will be used for trade-related finance as well as infrastructure,...

20 April 2016

China Exim sells $3bn dual currency bonds

The Export-Import Bank of China (China Exim) has completed its issuance of $3 billion dual currency senior notes. The order book amounted to $8.3 billion.

20 April 2016

Buyers shift blame for late payments to banks

A lack of liquidity is the most common reason buyers claim they can't pay an invoice on time, according to research by insurer Atradius. The reason was put forward...

20 April 2016

RCEP - a life raft for trade liberalisation in Asia

This Asian Development Bank blog looks at the Regional Comprehensive Economic Partnership (RCEP) and how it offers hope in an ocean of trade policy pessimism.

20 April 2016

Markel hires underwriter Lida Heaven

London-based insurer Markel International has hired Lida Heaven as an underwriter in its trade credit and political risk division. She has previously worked as a...

20 April 2016

NDB agrees $811m loans for green projects

The New Development Bank (NDB) - launched by Brazil, Russia, India, China and South Africa - has agreed $811 million in loans aimed at renewable energy projects. It...

19 April 2016

SACE’s Castellano looks forward to the capital markets

In a typically frank discussion with Jonathan Bell, SACE CEO Alessandro Castellano outlines his vision for the development of a pan-European capital markets base as an...

19 April 2016

BEST AMERICAS COMMODITY FINANCE DEAL OF THE YEAR: Vicentin closes PXF amid Argentinian election uncertainty

In the face of precarious politics and a troubled economy, Argentina's largest soy bean producer Vicentin closed a $135.3 million PXF in the country's largest...

19 April 2016
in
Power, Renewables

BEST ECA FINANCE DEAL OF THE YEAR: Benchmark Beni Suef deal reopens Egyptian ECA market

Egypt's energy capacity is set to double following last year's $1.49 billion financing of the Beni Suef power plant as the government moves to end endemic blackouts.

19 April 2016

Olam agrees loan from IFC

Olam International, the Singapore-based trader, has signed a five-year, $175 million loan agreement with the International Finance Corporation (IFC). It will be used...

19 April 2016

Egypt secures $3.9bn funding for power plants

Egypt has secured $3.9 billion funding for three huge power plants. Deutsche Bank, KfW IPEX-Bank and HSBC jointly structured and arranged the Euler Hermes-underwritten...

19 April 2016

It’s awards season…

TXF is proud to announce that voting has opened for its annual Best in Class Awards. TXF Awards are exclusive, prestigious accolades given to the institutions that have...

19 April 2016

Coface and Bpifrance seal export guarantees transfer

Coface, France's export credit agency, has sealed an agreement to transfer French state export guarantee management to Bpifrance. Management will be handed to...