Turk Eximbank seals MIGA deal weeks before downgrade

Region:

Europe

Max Thompson

Managing Editor

At the end of June, Turk Eximbank signed a $746.82 million MIGA-backed loan with a syndicate of banks for on-lending to Turkish exporters. The deal closed just weeks before an attempted coup in Turkey which prompted Standard and Poor's to cut Turkey's credit rating.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Glencore scales new peaks with Project Matterhorn

Perspective

05 May 2026

Glencore scales new peaks with Project Matterhorn

Glencore has entered the securitisation market for the first time with an industry-leading receivables transaction. The challenges involved were significant, even for a...

Trade waits for no-one: Nexent Bank on navigating volatility

Video

05 May 2026

Trade waits for no-one: Nexent Bank on navigating volatility

Selim Caydamli, global head of structured trade & commodity finance at Nexent Bank, joins the TXF In-Depth podcast to discuss geopolitical turmoil and the importance of...

Must See

Perspective

05 May 2026

Mapping out ECA activity

Europe drove overall export finance growth in 2025. But ECAs look set to up support to emerging markets.

Perspective

05 May 2026

Glencore scales new peaks with Project Matterhorn

Glencore has entered the securitisation market for the first time with an industry-leading receivables transaction. The challenges involved were significant, even for a borrower of Glencore's quality. Yet its success is another sign of the credit strength that now exists within the top tier of commodity traders.

Video

05 May 2026

Trade waits for no-one: Nexent Bank on navigating volatility

Selim Caydamli, global head of structured trade & commodity finance at Nexent Bank, joins the TXF In-Depth podcast to discuss geopolitical turmoil and the importance of tailored solutions in times of crisis.