Low oil prices prompted BNP Paribas last week to “halt” any new US reserve-based lending (RBL) from its Houston office. Sources state other lenders will continue to offer RBL loans but warn that the current price of oil means banks are set to sharply “adjust” their existing loans to oil firms. Sources warn that RBL borrowers could see stricter terms being introduced to existing deals.
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The export finance community’s calls for OECD reform are being answered. But amid
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scepticism around...
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The export finance community’s calls for OECD reform are being answered. But amid
the news certain ESG-friendly projects can tap longer tenors, there remains
scepticism around how and when ECAs and banks will apply these longer maturities.
This year's winners of the TXF Export Finance Deals of the Year beat a lot of worthy contenders, with ESG credentials the running theme across those winning deals.
Join us on a mythical adventure through all things export, agency & project finance as TXF Global 2024 travels to the historic city of Athens for the first time!