Russian gold producer Nordgold has agreed a five-year $500 million loan facility with Sberbank which it will use to repay its existing debt facilities of $465.5 million.

Minera Escondida Limitada (MEL), the owner of the Escondida copper mine in Chile, has received a $100 million loan from Export Finance and Insurance Corporation (EFIC),...

South African headquartered bank Investec has closed a major financing, including senior debt guaranteed by the Export-Import Bank of the United States (US Ex-Im), to Air...

Jonathan Bell talks with Paul Cohen Dumani, general manager of MIT, about the company’s highly successful commodity finance collateral management software system for...

Asia’s leading agribusiness group Wilmar has closed a $2.49 billion revolving credit facility (RCF) with a club of international banks.

We are delighted to announce the results of our “Perfect 10” – the 2013 Deals of the Year. We received in excess of 150 submissions and so whittling so many fantastic...

One of Norway’s leading marine services providers, Petroleum Geo-Services (PGS), has secured export finance from Japan Bank for International Cooperation (JBIC) and...

An initiative, announced today, could soon see the establishment of the new Ghana Commodity Exchange (GCX). And beyond this, there is the potential for the GCX to become...

Trade credit insurance specialists ~Equinox^ Global have expanded their London team, hiring John Joseph as a senior credit analyst with immediate effect. Equinox reported...

TXF analyses the impact that the $400 million fraud could have on the wider industry, at a time when investors and regulators are examining the trade finance asset class...

Deutsche Bank has appointed Anthony Lin as China head of corporate banking and head of trade finance & cash management for corporates (TF/CMC). Lin, who takes up the new...

A group of major banks have joined forces with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to collaborate on the development and use of a new...

South African headquartered bank Investec has further strengthened its export and agency finance team with the arrival of Mark Paton as regional head for Europe, based in...

The US-based Magnolia LNG export project is moving forward with two major developments taking place this week.

ING-DiBa AG (ING Bank) and Crédit Agricole Corporate & Investment Bank Deutschland (CACIB) have arranged two export credit financings for Russian power generating company...

Spread the word…..tell your team…. Many of you who receive our Weekly News are also registered on the TXF News website. It is a free, regularly updated service. So, do...

Zambia Electricity Supply Corporation (Zesco) has signed a $163 million export financing agreement with Nordea and Standard Bank to finance the company’s north-western...

The European Bank for Reconstruction and Development (EBRD) has demonstrated its support for crisis-hit Ukraine with a pledge to invest at least €5 billion in the country...

James Burrows has been appointed senior vice president for the small business group at the Export-Import Bank of the United States.

Compagnie Générale d’Affacturage (CGA) of France, a fully-owned Société Générale subsidiary, has launched a new supply chain finance platform to support business growth...