Multi-sourcing: Latin miners shop around for debt
Improved metals pricing is incentivising miners in Latin America to take mothballed projects back into development. But environmental opposition, labour disputes and...
Improved metals pricing is incentivising miners in Latin America to take mothballed projects back into development. But environmental opposition, labour disputes and...
Rising oil prices dampened trader’s profits last year as the market moved from contango to backwardation, and many of the larger houses are already starting to diversify...
Resource nationalism is always present, but a recent increase in intensity fuelled by an uptick in commodity prices has got some in the growing electric vehicle (EV)...
Despite finalising a lengthy debt restructuring in 2017, vertically integrated metals producer Metinvest returned to the debt markets in April to close the largest...
A record amount of renewables corporate PPAs signed in 2017 and the trend looks set to continue. With US PPA structures working their way into Europe, and the rise of...
Russian corporates are continuing a re-evaluation of their funding mix following a spate of post-sanctions unsecured loan firsts in 2017. A number of commodities-linked...
Sustainable financing in commodity trade finance has been slow to catch on. But adoption is now key for the market, with early movers in line to reap the benefits of...
In conjunction with an uptick in industrial metals pricing, more mining companies are beginning to consider commodity trading for themselves.
A boom in interest in Australian renewables projects could be curtailed by the government’s plans to introduce a National Energy Guarantee (NEG). Borrowers have benefited...
Start-up trade and project finance boutique Everbridge Capital is carving out a relatively unique niche – long term ECA-backed financing in Russia and projects in, and...
With banks retreating from the midstream diamond financing sector, the cost of debt for diamond traders is spiralling and creating the ideal climate for alternative...
With bank regulatory capital constraints tightening, serial ABS issuer Trafigura has closed its first inventory-backed securitisation in a bid to boost its non-bank...
Margins and the security afforded by pre-export loans to Russian borrowers have weakened in 2017 as unsecured loans gain market share. But is it simply a market...
TXF spoke to Mark Hansen CEO of commodity trader Concord Resources about the current market, the company’s ambitions and the changes to China’s metals supply and demand...
In anticipation of new renewable energy auctions for large-scale projects in December or January 2018, El Salvador has continued to progress in the project space despite...
The development of large-scale renewables projects in sub-Saharan Africa has been slowed by a relative dearth of commercially bankable projects. However, as renewables...
Chinese metals producer Xiangguang Copper is out to the bank market with a $100 million pre-export financing. The deal is symptomatic of the growing demand by Chinese...
As LNG markets mature, commodity traders are making significant inroads into the LNG space - both as providers of finance and infrastructure - and look set to challenge...
Despite a sovereign downgrade in the period between financial close on PDO's initial pre-export loan in 2016 and OOCEP's recent pre-export debut, the pricing difference...
After years of delays and uncertainty Kazakhstan’s Kashagan oil field is ramping up production. State-owned oil company KazMunaiGas is locking in larger and longer...
A few short weeks after UKEF announced its involvement in a number of domestic supplier credit deals, the ECA published an independent report on OECD-level reform for social infrastructure in emerging markets. Can ECAs successfully navigate their domestic and overseas commitments amid increased demand for export financing?