Frackers draw down reserve-based loans in latest sign of distress
US shale producers have maxed out their reserve-based loans in a sign of impending bankruptcies, but lenders can expect good recoveries from these, while some frackers...
US shale producers have maxed out their reserve-based loans in a sign of impending bankruptcies, but lenders can expect good recoveries from these, while some frackers...
Despite the fall in crude oil prices having taken its toll on demand for offshore vessels over the past year, DOF Brasil recently signed a loan agreement with Norway’s...
Banks are in talks with Russian aluminium giant Rusal as it restructures and refinances its debt once more amid depressed aluminium prices and a global glut
In an industry braced for change, JBIC continues a move into offshore wind with a joint €443 million refinancing on Holland's Luchterduinen wind farm.
The state of trade, commodity and export finance in Brazil: special correspondent Luis Waldmann looks at the avenues that Brazilian exporters have for export, commodity...
In a move which demonstrates the tightening of Russian ties with Chinese financing, Gazprom accessed its biggest ever loan from a private Chinese lender, signing 2...
Kazakhstan’s state-owned KazMunaiGas is closing a $3 billion prepayment deal with commodities trader Vitol for crude shipments, in an effort to increase liquidity in...
The Export-Import Bank of India (India Exim) last month signed a $150 million line of credit with Iran's Bank of Industry and Mine to finance rail upgrades in Iran. The...
US Exim could be one step closer to being able to fully supporting US exporters following Senator Shelby’s recent victory at the Alabama Primary.
Glencore plans to ramp up debt reduction, cutting net debt to $17 billion-$18 billion by the end of this year, as it announced big losses in its annual results. The news...
Japan has become the world's largest liquefied natural gas (LNG) importer as it diversifies away from nuclear power. A recent deal between Japanese export credit agency...
Despite offering new products and services to exporters, the British government is struggling to combat the country’s record £125 billion trade gap.
Nokia — Finland’s premier telecoms company — is in the process of finalising its takeover of France’s Alcatel-Lucent in a $16.6 billion deal that will propel the ailing...
As oil prices reached 12-year lows with wide-ranging consequences for the petroleum industry, Lundin Petroleum (Lundin) sealed the largest-ever reserve-based lending deal...
Higher base rates are likely to drastically change the economics for project and infrastructure financings. TXF argues that both debt and equity yields on projects could...
Telefonica has tapped the export finance market for an innovative, catch-all facility to finance the mass procurement plans of its global subsidiaries. The Spanish...
UK bank Barclays made its entire London export finance team redundant last Friday, 22 January 2016, amid a wider cull of the bank’s investment banking division.
Germany is one of the world's top five shipbuilders, and in recent years Angela Merkel’s government has been looking at a number of ways to push the nation up that table.
Inaugurating its recent financing agreement with US multinational industrial conglomerate General Electric (GE), Britain's export credit agency UK Export Finance (UKEF)...
The Multilateral Investment Guarantee Agency (MIGA) is providing guarantees to back loans by Standard Chartered Bank and Siemens Bank to North-West Power Generation...
In this trade & export finance webinar, Mark Norris, Partner, and Daniela Barrdear, Counsel, examine the continued rise of social and governance issues looking at the impact of human rights in ESG financing, with a focus on the UN Standards of Conduct for Business Tackling Discrimination against LGBT+ people, “green grabbing” and the Voluntary Guidelines on the Responsible Governance of Tenure.