Vioil closes on second PXF and ups the tenor

Ukrainian sunflower oil exporter Vioil has raised an $80 million three-year pre-export financing (PXF) from ING Bank and Credit Agricole. The deal, signed on 25 July, is a considerable improvement in tenor on the borrower’s $80 million one-year debut PXF in 2017, which both ING and Credit...