Premium in brief

Forestalia out to banks with Aragon wind project
20 October 2017

Spanish renewables developer Forestalia is out to banks for a combined DFI and commercial debt financing to bankroll development of 300MW of unsubsidised wind projects in Aragon. GE has been awarded the turbine supply contract for the project and the sponsor is in negotiations with Engie over a 12-year fixed price power purchase agreement to giv...

Louis Dreyfus launches RCF refi
20 October 2017

Louis Dreyfus has launched an amend and extend refinancing of its $1 billion revolving credit facility (RCF). The facility, comprising two $...

X-ELIO eyes DFI debt for Mexican solar plants
20 October 2017

Spanish solar developer X-ELIO is looking to tap multilateral, sovereign and commercial lenders to finance the construction of the $62.7 million ...

ADNOC/ADCOP bond roadshow launched
19 October 2017

The roadshow for the $3 billion ADNOC supported bond issue for its indirect subsidiary Abu Dhabi Crude Oil Pipeline (ADCOP) launched today in Abu Dhab...

Gunvor borrowing base takes shape
19 October 2017

Gunvor is refinancing and reducing the size of its borrowing base facility for its Antwerp and Rotterdam refineries. The trader's $725 million one...

In depth

Trade funds: Know your potential investor base
TXF Premium
Trade funds: Know your potential investor base
Helen Castell
12 October 2017

Robert Kowit, senior vice-president and product specialist at Federated Investors, is finding investor appetite for trade finance assets from some unexpected quarters.

Making the money go round
TXF Premium
Making the money go round
Max Thompson
10 October 2017

ECAs and DFIs active in the emerging markets are getting increasingly capital markets savvy and matching support rhetoric with some very tightly priced borrowing of their own that can be on-lent cheaper - and for longer.

Opinion

Song of the day

Bob Dylan
Stuck Inside of Mobile with the Memphis Blues Again
Listen on TXFunky

TXF Podcast