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03 December 2015

EDC supports Canadian aircraft-parts manufacturer with loan guarantee

Canadian export credit agency Export Development Canada (EDC) today announced that it has provided a loan guarantee to Terrebonne, Quebec-based Précision SF...

03 December 2015

ADB loan to expand Mongolian SME financing through credit guarantees

The Asian Development Bank (ADB) has approved a $60.8 million loan and technical assistance grant to improve the Mongolia’s credit guarantee system, which will...

03 December 2015

TXF’s Charity Partner: AbleChildAfrica

TXF is proud to support AbleChildAfrica, a grassroots charity that helps children with a range of disabilities in Kenya, Uganda and Tanzania.

02 December 2015

TXF releases African conference agenda

TXF Media has made the agenda for its African February conference available to download. The Pan-African event, TXF Africa 2016: Export, Agency and Project...

02 December 2015

Ashurst boosts Singapore resources and infrastructure team

Law firm Ashurst has appointed Andrew Digges as a Singapore-based partner in its resources and infrastructure team. His experience includes advising on general...

02 December 2015

ING Bank appoints new Hong Kong boss

ING Bank has appointed John Sprengelmeijer as branch manager of its Hong Kong office. He will keep up his duties as head of trade and commodity finance as well as...

02 December 2015

Third Party Funding (TPF) in litigation – at what cost to the non-funded party?

GTLaw recently won a major arbitration victory for an international oil-trading house over the alleged breach of an oil supply and processing contract. The damages...

02 December 2015

Oil and gas group Bellatrix sees borrowing base cut

Canadian oil and gas group Bellatrix Exploration has had the borrowing base under its secured revolving credit facility reduced from $600 million to $540 million. The...

02 December 2015

Glencore's Optimum coal unit may be sold

Commodity trader Glencore's South Africa-based Optimum coal unit, which went into "business rescue" in August after an unprofitable deal to supply the...

02 December 2015

KfW IPEX-Bank to cover Altech Chemical project

German export and project finance bank KfW IPEX-Bank has agreed to cover the financing of Australia's Altech Chemicals' proposed high purity alumina project....

02 December 2015

EBRD's trade finance help to Mongolian SMEs

The European Bank for Reconstruction and Development has extended $70 million in loans to Mongolia's Khan Bank in a bid to boost trade finance facilities for small...

02 December 2015

Banks boost Latin American green energy bonds

The Inter-American Development Bank and the Development Bank of Latin America have committed funds for green projects in Latin American countries. Peru, Paraguay, El...

01 December 2015

South Korea ratifies free trade agreements

South Korea has ratified free trade agreements with China, Vietnam and New Zealand, as well as the Asian Infrastructure Investment Bank accord. Lower tariffs in...

01 December 2015

JBIC co-finances loan to Indonesian steel group

Export credit agency the Japan Bank for International Cooperation (JBIC) has signed a loan deal with Indonesia-based steel group PT Krakatau Osaka Steel. The $115...

01 December 2015

US moves closer to allowing yuan trading

The US has moved a step closer to allowing trading and clearing of the Chinese yuan in the country, in a move that could lower the cost of transactions and boost trade...

01 December 2015

Oil and gas group Mid-Con reveals new borrowing base

US-based oil and gas group Mid-Con Energy has announced its latest borrowing base redetermination. The new $190 million borrowing base includes monthly commitment...

01 December 2015

Vitol and Litasco support Libya's Tripoli oil group

Oil traders Vitol and Litasco have backed Libya's Tripoli-based National Oil Corporation (NOC) in the west of the country. The announcements came after a deal...

01 December 2015

Banco Santander Rio joins IFC's trade finance programme

Argentina's largest private bank, Banco Santander Rio, has joined the International Finance Corporation's (IFC) Global Trade Finance programme. The deal will...

01 December 2015

Trafigura shuts hedge fund amid commodity crisis

Swiss-headquartered commodities trader Trafigura is closing its Galena Metals Fund because of "difficult" market conditions. The closure of the hedge fund...

01 December 2015

SACE supports $800m deal for Peru metro line

Italian export credit agency SACE has supported an $800 million line of credit for the construction of the new Lima to Callao metro line in Peru. The project will...