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29 June 2016

Petroleum Development Oman raises $4bn PXF

Petroleum Development Oman (PDO) has sealed a $4 billion pre-export facility (PXF) from international banks. The loan will help to finance new oil and gas facilities...

29 June 2016

Work officially begins on Ghana's Ex-Im Bank

The process of establishing an export-import bank in Ghana (Ghana Ex-Im) - which will unite EDIF, Export Finance Company and EximGuaranty Company - has begun in...

29 June 2016

Brexit: EIB will fund UK infrastructure projects - for now

The European Investment Bank (EIB) will lend money to infrastructure projects in Britain until a decision is finalised on the UK's shareholding in the bank...

29 June 2016

Rosneft and Pietro Barbaro seal shipping joint venture

Russian oil company Rosneft and Italian shipping group Pietro Barbaro have agreed to establish a joint venture for global sea freight.

29 June 2016

Russia's Phosagro raises $250m PXF

Russian fertiliser producer Phosagro has raised its debut $250 million pre-export financing (PXF) with a syndicate of international banks. The funds will be used to...

29 June 2016

Brexit could provide fillip to India-UK trade ties

Britain is likely to seek direct bilateral trade deals with India after the UK voted to leave the European Union, the Development Bank of Singapore said. The move...

29 June 2016

LMEshield: key questions on warehouse financing structures

Global law firm Reed Smith examines some of the key questions about the potential impact of the LMEshield initiative on base metals warehouse financing structures.

29 June 2016

KfW IPEX finances stage 2 of Australian wind farm

Germany's KfW IPEX-Bank and France's Societe Generale have agreed a syndicated loan of AUD173.5 million to support stage two of the expansion of the Australian...

29 June 2016

Ignominious anniversary for stymied US Ex-Im

It is a full year since the Export-Import Bank of the United States (US Ex-Im) has been able to approve deals over $10 million - and there is little sign that...

29 June 2016

SMBC and ADB back Colombo port expansion

Japan's Sumitomo Mitsui Banking Corporation (SMBC) and the Asian Development Bank (ADB) are advising Sri Lanka's government on a $500 million port expansion in...

29 June 2016

ADB's TFP signs deals with Samoan banks

The Asian Development Bank's (ADB) Trade Finance Programme (TFP) entered the Pacific markets for the first time by signing guarantee and loan deals with two Samoan...

29 June 2016

73 banks join SWIFT's global payments initiative

A total of 73 banks across the world have joined SWIFT's global payments innovation initiative, designed to improve the cross-border payment experience.

28 June 2016

Cargill and Bunge go against the tide on sustainable palm oil

Cargill and Bunge stood out as the only traders not to cut ties with Malaysian palm oil producer IOI after its sustainability certificate was suspended, throwing up...

28 June 2016

Lenders not 'nervous' as Gunvor taps $400m borrowing base

Despite the downturn in commodities markets, one of the world's biggest oil traders - Gunvor - is currently enjoying its 'best trading years'. The company closed a $400...

28 June 2016

Alba in talks with ECAs and banks over $750m loan

Aluminium Bahrain (Alba) is in talks with export credit agencies (ECAs) and banks over a $750 million loan to fund its ongoing Line 6 expansion to boost its production...

28 June 2016

The final countdown to London School of ECA Finance!

There is only one week left for you to join TXF's School of ECA Finance in London on July 5, 6 and 7.   The course is an essential guide to the...

28 June 2016

IIC finances solar energy and SMEs in Chile

The Inter-American Investment Corporation (IIC) has agreed to finance more than $40 million for solar energy projects and small and medium-sized enterprises (SMEs) in...

28 June 2016

KfW to fund Indian floating solar projects

German development bank KfW is to fund two floating solar projects on water bodies in India to showcase the potential of the energy source. At least 40 MW of floating...

28 June 2016

Oil sands production to grow almost 1m barrels per day

Canadian oil sands production has been predicted to grow by nearly one million barrels per day by 2025, by IHS.

28 June 2016

BRICS nations want new ratings agency

The BRICS nations - Brazil, Russia, India, China and South Africa - are looking to set up a new credit-rating company in an effort to break the dominance of Standard...