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26 February 2016

TXF Export Finance Report: HSBC tops 2015 ECA lenders table

HSBC was the biggest lender of export credit agency (ECA) debt in 2015, according to TXF Data's Export Finance report, signing a total of $4.54 billion of ECA-supported...

24 February 2016

TXF Export Finance Report: ECA deal volumes drop by 29%

The global volume of export credit agency (ECA) deals has fallen by nearly a third compared to 2014, according to TXF Data's 2015 Export Finance Report.

19 February 2016
in
Oil & gas

Reserve-based lending feels the squeeze from low oil prices

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...

19 February 2016

A fishy business: global trade’s unreported $2 trillion

Equant Analytics has calculated that global trade is $2.1 trillion higher than the World Trade Organisation's (WTO) official figures. TXF speaks with Equant's co-founders...

17 February 2016

Japan diversifies energy sources with US LNG investment

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...

15 February 2016

NPT taps NEXI to meet Vietnam's capex splurge

Vietnam's state-owned National Power Transmission Corporation (NPT) has signed a $200 million loan facility for a coal-fired power plant, backed by Japanese export credit...

09 February 2016

Reliance’s new ‘shopping line’ deal takes petchem spree to $17bn

Reliance Industries’ latest €950 million ($1.04 billion) export credit agency (ECA)-backed deal is expected to push its capital expenditure spree in refinery and...

29 January 2016

How new French ECA Bpifrance will differ from Coface

After nearly 70 years as France's ECA Coface is set to transfer the handling of state export credit guarantees to French public investment bank, Bpifrance. The move will...

28 January 2016
in
Telecoms and Communications

Telefonica feeds multinational procurement plans with catch-all ECA deal

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...

22 January 2016

EDC signs first Turkish loan guarantee

Canada's export credit agency Export Development Canada (EDC) has provided its first guarantee for a loan from international banks to a Turkish corporate last month.

21 January 2016

ECAs: to be, or not to be?

In the wake of US Ex-Im's reauthorisation last month, TXF’s Ollie Gordon catches up with some of export finance’s most sagacious veterans for some honest, off-record...

21 January 2016

RCC taps Germany’s shipping CIRR for $1.54bn ECA deal

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.

19 January 2016

UKEF debuts GE agreement with $500m Petrobras deal

Inaugurating its recent financing agreement with US multinational industrial conglomerate General Electric (GE), Britain's export credit agency UK Export Finance (UKEF)...

15 January 2016

Bank club signs ONDD-backed Ghana port deal

Five European banks have teamed together to fund a ‎€174.4 million ECA-backed loan agreement with Ghana Ports and Harbours Authority (GPHA) to fund the second, and final,...

14 January 2016
in
Oil & gas

Emerging markets to feel further pain from waning oil price

Developing markets are likely to experience further economic backlashes this year from the floundering price of oil. Severe energy price shock was named as one of top...

12 January 2016

Japanese ECAs break the Ice with geothermal financing

Japan has historically been a major manufacturer of geothermal turbines, boasting a 70% global market share. But an export credit agency (ECA)-backed deal closed last...

11 January 2016

The dirty underbelly of localisation

Localisation requirements in emerging-markets projects are meant to be a way of giving back; an attempt at ensuring a lasting beneficial legacy for the local population...

18 December 2015

Orpic signs contracts for Oman’s $6.4bn Liwa plastics complex

Oman Oil Refineries and Petroleum Industries Company (Orpic) has signed agreements to build, operate and finance the $6.4 billion Liwa Plastic Industries Complex (LPIC)...

30 November 2015

Exporters frustrated by uneven local content rules for ECAs

Last month’s TXF conference in Hong Kong provided numerous dynamic interactions between industry members. An interesting discussion during the Exporter’s Idea Lab...

24 November 2015

Banishing the stigma: how securitisation can plug the hole

Adrian Katz, CEO of Finacity, tells TXF’s Ollie Gordon why trade receivables securitisations could well be the answer to the trade finance industry’s leaking capacity.