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Perspective
03 May 2017

Perfect 10 Kernel: Sowing seeds for longer tenor debt - a TXF commodity finance Deal of the Year

Kernel improved pricing on its annual PXF in 2016 but did not find appetite for upping the tenor. Having done the groundwork in 2016, and following a successful five-year bond issue in January 2017, the prospect of a three-year PXF in 2017 looks promising.

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