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02 May 2016

BEST EUROPEAN COMMODITY DEAL OF THE YEAR: Varo Energy secures $460m borrowing base facility

Varo Energy's $460m borrowing base formed part of the oil suppliers merger with Argos Downstream Europe, in a deal which will turn Varo into the largest independent...

09 March 2016

Brick by BRIC: the New Development ethos

With the long-awaited BRICS Bank due to begin lending next month, TXF looks at how the institution is breaking away from the western model of development finance to meet...

28 October 2015

Unique deal sees EIB sign buyer credit with Northstar Europe for SME onlending

The European Investment Bank (EIB) is partnering with Northstar Europe and export credit agency Office du Ducroire Luxembourg (ODL) in the first ever EIB facility to...

12 October 2015

Supporting SME transactions

Annual business volumes of many insurers and banks are more often than not driven by project finance and large corporate loan transactions. However, when looking at the...

12 October 2015

Policy analysis of the Indian ECA

Exporters – large, medium, small or tiny – play a vital role in any economy. Creating a business-friendly environment for these companies to help increase exports is...

10 September 2015

Commodity finance failing to deliver

A funding crisis is developing in the commodities market as producers and traders, particularly of the small and mid-sized variety, struggle to access the type and volume...

08 September 2015

Aon Risk Solutions appoints new head of business development, global trade credit

Aon Risk Solutions, the global risk management business of Aon, has appointed Pieter van Ede as head of business development, global trade credit, with immediate effect....

27 August 2015
in
Oil & gas

Update: SACE commits $300 million insurance cover for SBM Brazilian FPSO

The Italian export credit agency, SACE, confirmed today that it would be providing $300 million of insurance cover related to the floating production storage and...

30 July 2015

SBM Offshore turns to ECAs for $1.55bn Brazilian FPSO financing

SBM Offshore, a Dutch supplier of floating production and mooring systems, has completed a $1.55 billion export credit agency (ECA)-backed project financing to finance...

01 July 2015

WFW recruits project lawyer to Paris office

Watson Farley & Williams (WFW) has hired lawyer Guillaume Ansaloni as a partner for the finance team in its Paris office. Ansaloni focuses his practice on structured...

26 June 2015

Rabobank appoints head of TCF Americas

Rabobank has appointed Muriel Schwab as head trade & commodity finance (TCF) Americas. She takes up the post as of 1 July, and will be based in New York.

15 June 2015

Goldcorp increases credit facility to $3 billion

North and Latin-American gold producer Goldcorp has increased its existing credit facility from $2 billion to $3 billion, as well as extending the term to June 2020,...

21 May 2015

HSBC appoints Asia-Pacific head of large corporates for commercial banking

Matthew Kirkby has been appointed as regional head of large corporates for HSBC's commercial banking (CMB) business in Asia-Pacific, with effect from 6 July 2015.

19 May 2015

Puma Energy closes $1.25 billion facility oversubscribed

Singapore-headquartered Puma Energy, a global mid and downstream energy company, has closed its revolving credit (RCF) and term loan facilities amounting to $1.25...

14 May 2015

Euler Hermes makes series of senior executive appointments

Trade credit insurer Euler Hermes has appointed three regional chief executive officers (CEO) to its German, Austrian, Swiss (DACH), World Agency and French offices, and...

05 May 2015

Gert van Melkebeke to join Commerzbank’s senior export finance team

Gert Van Melkebeke will be joining Commerzbank’s structured export and trade finance BeNeLux (Belgium, Netherlands and Luxembourg) France division as a senior export...

01 May 2015

Shell signs new $15 billion bridge loan for BG Group acquisition

Oil major Royal Dutch Shell has signed a new £10.07 billion ($15.24 billion) bridge credit facility with core relationship banks, as part of its financing related to the...

17 April 2015

Canadian trade finance boutique wins US Ex-Im Provider of the Year Award

Northstar Trade Finance, a Canadian boutique firm founded in 1994 with affiliates now in the United States and Europe, and a book of business that spans the globe, has...

17 April 2015

US Ex-Im announces first recipients of FY2014 export awards

The Export-Import Bank of the United States (US Ex-Im) has today announced the first recipients of five of its annual export awards in advance of its 2015 annual...

13 April 2015

Euler Hermes names new CEO in UK and directors for World Agency and APAC region

Trade credit insurance company Euler Hermes has appointed a new UK chief executive officer and two new senior members to its market management commercial and distribution...