Concurrent with the imminent launch of a refinancing of Gunvor’s $1.67 billion revolving credit facility (RCF), the borrower is at the centre of a storm of allegations...

A summer of discontent, replete with a credit downgrade, an opposed mining charter, and ongoing political problems, has hit South African debt markets. Miners seemed to...

Demand for lithium is ballooning along with technological advances in the battery market. However, limited market expertise among newcomers, the inability to hedge...

Ukrainian corporates have had a tough time of it since 2014 when Crimea was annexed by Russia. However, just three years later the better names in Ukraine are returning...

GE EFS and YPF’s recent commercially banked project financing for two thermal power plants in Argentina, the first such deal in almost 20 years, has proven the financial...

Development of the $43 billion Southern Gas Corridor has been dogged by concerns over Azerbaijan’s creditworthiness, politics and even ancient olive groves. But the DFI,...

At the end of July the sponsors of the Moscow Central Ring Road section III concession reached financial close with a mix of public grants and domestic bank debt. The...

One of the largest healthcare project financings in Italy to date, the Treviso hospital PPP is a mix of public grants, commercial bank debt and cheap EIB loans that has...

Amid an uncertain political and economic landscape in Ukraine syndicated debt offerings have been few and far between. Ferrexpo’s decision to tap the PXF market indicates...

Budapest’s Ferenc Liszt airport has battled back to secure an extended, cheaper debt package for a recent refinancing. The new facilities, with a pool of international...

The end of the US’s crude oil export ban in 2015 heralded greater appreciation of shale and its potential opportunities. Commodity traders are now increasingly active in...

The borrowing prospects for junior miners are looking better than they have done for the past three years. But with international banks nursing Basel-battered balance...

TXF caught up with Armin Eckermann, founder of Eckermann & Partners ltd. about the conditions for the rise of alternative financiers in the trade finance space and what...

In anticipation of changes to the EU’s sugar production quota in October, European sugar producers and refiners are gearing up for a more competitive market place....

Singapore-based commodity trader Olam’s debut European revolver is the latest signal that the Asian agri-trader label is outdated. Dramatic growth in recent years means...

Shandong Qingyuan has closed its second benchmark deal in as many years - a $650 million pre-payment facility. The deal is the largest ever structured commodity financing...

The second restructuring of Glencore’s pre-pay deal with SHT, combined with more deal volume and the increasingly risky markets traders are financing, is flagging up the...

An increase in Chinese business combined with improved commodity prices, greater availability of offshore debt and improved performances mean the traditional Asia...

Some banks are making great PR from their retreat from coal-related lending. But with new coal-fired power markets opening up, a blanket ban by individual banks on...

Gunvor has improved its cost of debt via two refinancings in the past month alone. But with two more deals out to market, the trader appears to be balancing improved...