Spanish renewable energy and engineering group Abengoa has started insolvency proceedings after a potential investor said it would not inject fresh capital. The...

Insurer ACE Group has appointed Julian Hudson as head of trade credit, ACE Global Markets. Based in London, he will be responsible for the growth of ACE's global...

London-headquartered Anglo-Australian metals and mining group Rio Tinto has signed a $7.5 billion revolving credit facility to refinance an existing loan. The facility...

The world is about to enter a third wave of globalisation, with goods exported predicted to reach $68.5 trillion by 2050, according to the Trade Winds Report released by...

UniCredit has appointed George Stein as head of global transaction banking for the UK. Based in London, he will be responsible for boosting the bank's capabilities...

China wants to set up an investment firm to fund projects in central and eastern Europe. Premier Li Keqiang dangled the offer of cheap Chinese funds to the region,...

The Reserve Bank of India has given in-principle approval for three entities to set up a trade receivables discounting system aimed at improving the flow of funds to...

Industry body Wine Australia has signed a deal with the country's export credit agency, Export Finance and Insurance Corporation, to help wineries boost business...

Keiko Honda, the CEO of development bank MIGA, and Tewolde GebreMariam, CEO of Ethiopian Airlines, are both speakers at the TXF Africa conference. The Pan-African...

South African electricity group Eskom has sealed a R2.3 billion ($160 million) credit facility with French development agency Agence Française de Developpement...

US-based gas and oil company Atlas Resources has had the borrowing base under its credit facility cut by 6.7% to $700 million.

Adrian Katz, CEO of Finacity, tells TXF’s Ollie Gordon why trade receivables securitisations could well be the answer to the trade finance industry’s leaking capacity.

UAE-headquartered Emirates Global Aluminium (EGA), one of the world’s leading aluminium producers, has launched the syndication for its $4.9 billion corporate facilities....

Credit insurer and supply chain finance (SCF) platform PrimeRevenue have joined forces to create a product for mid-sized companies. Supply chain finance has up to now...

Swiss-based commodity trader Glencore's deal to export oil from Libya is worthless because it was struck with the wrong government, it has been claimed. The...

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has provided buyer credit insurance as part of a financing programme for agricultural exports to...

Australia's export credit agency (ECA), Export Finance and Insurance Corporation (EFIC), has signed up to Reval's ClearPath to support the processing of its...

USA-based gas and coal group CONSOL Energy has had the borrowing base under its revolving credit facility reaffirmed at $2 billion.

Swiss-based commodity trader Trafigura has closed the refinancing of its refined metals borrowing base facility at a record $2 billion. The facility encompasses...

Swiss-headquartered commodity trader Gunvor Group has signed an oversubscribed $1.36 billion revolving credit facility. The deal will replace the maturing tranches of...