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20 June 2014

Raiffeisen Factoring secures loan for Croatia through the EBRD

Raiffeisen Factoring is to receive a €20 million ($27.2 million) loan from the European Bank for Reconstruction and Development (EBRD), which the company will use to...

19 June 2014

ICC Trade Register Report 2014 provides robust data to benefit global trade

Today, the International Chamber of Commerce (ICC) released its Trade Register Report 2014. The empirical evidence from the report points to the fact that trade and...

18 June 2014

UKEF adds support structure for RMB with HSBC agreement

UK Export Finance (UKEF) has added the offshore renminbi (RMB) to its list of supported currencies as it looks to structure its first renminbi supported deal.

17 June 2014

AfDB approves loan for Nigerian refinery and fertiliser plant

The African Development Bank (AfDB) has approved a loan of $300 million to Nigeria’s Dangote Industries for the construction and operation of a greenfield crude oil...

17 June 2014

Strong optimism over ECA finance activity, TXF survey finds

TXF conducted a survey of participants at the ECA/DFI Finance Conference in Paris earlier this month, for the second consecutive year. Here are the results.

16 June 2014

Sberbank and Exiar team for largest Slovakian deal yet

Sberbank Group and the Russian export credit agency, Export Insurance Agency of Russia (Exiar), have teamed to provide overall dual currency financing of €870 million...

16 June 2014

Gazprom moves Ukraine to advance payment contract

Russia’s state-owned gas company Gazprom has moved Ukraine’s Naftogaz to a prepay arrangement, effective earlier today, meaning the country will only receive gas supplies...

16 June 2014

Brazil’s Biosev signs major three-year revolver

Brazil’s Biosev, the world's second largest sugarcane processor, with 11 industrial units strategically located in four agro-industrial clusters in Brazil, has closed a...

16 June 2014

Afreximbank stresses need for more African factoring

The African Export-Import Bank (Afreximbank) is pushing the need for more factoring across Africa, stressing that the lack of factoring services is hindering small-to...

15 June 2014

Chevron sells Chad oil interests in unique deal

Chevron Global Energy, a subsidiary of oil major Chevron, has sold its interest in a producing oil concession in southern Chad and the related export pipeline interests...

13 June 2014

KfW IPEX finances equipment for Turkey’s Kardemir

Germany’s KfW IPEX - Bank is financing the export of equipment to Turkey’s steel manufacturer Kardemir with an ECA-covered loan of €140 million ($190 million).

13 June 2014

Tullow refinances and expands Norwegian exploration loan facility

Tullow Oil has refinanced its NOK2 billion ($330 million) Norwegian exploration revolving credit facility (RCF), and at the same time it has successfully increased the...

12 June 2014

Research: economic benefits of relationship between West and CEE

A new study for ING Commercial Banking by ING’s Economics Department provides conclusive evidence that the relationship between Western Europe and Central and Eastern...

12 June 2014

ECA Finance industry survey 2014 - results

TXF and ANZ conducted an anonymous industry survey at the ECA/DFI Finance Conference in Paris last week. Delegates were each given a handset and asked to give a response...

11 June 2014

Vitol Asia closes RCF oversubscribed

Energy trader Vitol Asia has closed its syndicated one year revolving credit facility (RCF). The facility was oversubscribed and closed at $1.87 billion.

10 June 2014

Konecranes wins landmark Indonesian export order

Finland’s Konecranes has won a landmark export order with Indonesian state-owned port operator PT Pelabuhan Indonesia III (Pelindo III) for 11 automated rubber tired...

10 June 2014

Intesa Sanpaolo and Sace combine to expand trade with China

Intesa Sanpaolo and Italian export credit agency Sace have signed an agreement to jointly support the export and internationalisation of projects in China being...

10 June 2014

Paris exporters roundtable

After the success of the first roundtable last November in Paris, the day before ECA/DFI Finance in 2014, Henri D’Ambrieres and Maelia Dufour hosted a second roundtable...

10 June 2014

Photos from TXF's ECA/DFI Finance in 2014

Last week in Paris, TXF welcomed close to 400 exporters, borrowers, ECA's, DFI's, banks and law firms to their second edition ECA/DFI Finance event.

10 June 2014

Avolon to launch IPO in US

International aircraft leasing company Avolon has filed documents to the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO).