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26 April 2016

BEST ASIA-PACIFIC ECA FINANCE DEAL OF THE YEAR: Reliance closes K-sure-backed loan for 'visionary' telecoms deal

K-sure's support of a $750 million loan to Reliance Jio Infocomm is the Korean ECA’s largest deal both in India and in the telecoms sector, with the transaction also...

19 April 2016

SACE’s Castellano looks forward to the capital markets

In a typically frank discussion with Jonathan Bell, SACE CEO Alessandro Castellano outlines his vision for the development of a pan-European capital markets base as an...

19 April 2016

BEST AMERICAS COMMODITY FINANCE DEAL OF THE YEAR: Vicentin closes PXF amid Argentinian election uncertainty

In the face of precarious politics and a troubled economy, Argentina's largest soy bean producer Vicentin closed a $135.3 million PXF in the country's largest...

18 April 2016

Senate Banking Committee halt on US Ex-Im nominee costing US $50m a day

US Senator Richard Shelby, Republican of Alabama, last week said he wouldn't allow the Senate Banking Committee that he chairs to confirm a nominee to the board of...

15 April 2016

US Treasury pushes for elusive level playing field in ECA-backed financing

The United States Treasury is keen to ensure that export credit agencies (ECA) are playing by the same rules – so much so that they look set to try and apply pressure on...

15 April 2016

BEST AMERICAS ECA FINANCE DEAL OF THE YEAR: Seaborn Networks closes first ECA-backed subsea fibre optic cable deal

Seaborn Networks secured an innovative project financing to fund the establishment of high-speed telecommunications infrastructure between US and Brazil.

14 April 2016

ECAs propel cruise-ship market boom

Last week, MSC Cruises signed a letter of intent with STX France for the construction of four LNG-powered ships with France's ECA, Coface, backing the $4.5 billion...

08 April 2016

Satellite financing bounces back with $255m JSAT deal

At the end of last month, JBIC signed a $63.75 million loan agreement with JSAT as part of $255 million facility with three Japanese banks for the financing of the...

06 April 2016

MIGA boosts Eskom's CAPEX power plan

At the end of last month, MIGA announced its backing of €698.9 million in loans from two international banks to develop Eskom's power transmission infrastructure in South...

01 April 2016

ECAs brighten Bangladesh's power plan

Earlier this month, Bangladesh sealed a $2 billion credit line from the Export-Import Bank of India for power development in a deal indicative of an exciting new trend...

23 March 2016

Coface closes Kurdistan deal despite two-year Isis delay

After two years of delays resulting from the war with Isis, French export credit agency (ECA) Coface last month provided its first ever guarantee in Iraqi Kurdistan to...

23 March 2016

Frackers draw down reserve-based loans in latest sign of distress

US shale producers have maxed out their reserve-based loans in a sign of impending bankruptcies, but lenders can expect good recoveries from these, while some frackers...

22 March 2016
in
Oil & gas

DOF Brasil swims against tide for Norwegian export credit

Despite the fall in crude oil prices having taken its toll on demand for offshore vessels over the past year, DOF Brasil recently signed a loan agreement with Norway’s...

17 March 2016

EDC rolls out new mentorship programme for SMEs

Canada's export credit agency, Export Development Canada (EDC), recently announced it will provide its global mentoring services to the 50 winners of Deloitte Canada's...

14 March 2016

Oman’s Liwa Plastics successfully concludes $3.8bn debt financing

Oman Oil Refineries and Petroleum Industries Company (Orpic) has closed the $3.8 billion project financing facility for its approximate $6.5 billion Liwa Plastics...

10 March 2016

KazMunaiGas crashes prepayment party to improve debt profile

Kazakhstan’s state-owned KazMunaiGas is closing a $3 billion prepayment deal with commodities trader Vitol for crude shipments, in an effort to increase liquidity in...

09 March 2016
in
Infrastructure, Transport

Iran signs first post-sanctions ECA deal with India Exim

The Export-Import Bank of India (India Exim) last month signed a $150 million line of credit with Iran's Bank of Industry and Mine to finance rail upgrades in Iran. The...

08 March 2016

Metalloinvest feels steel squeeze with new $400m PXF

In a sign that Russia’s Metalloinvest is finally feeling the chill of the current frosty steel market, the iron ore and metals company last week signed a new $400 million...

03 March 2016

ADB promises $10 billion for Indonesian projects

ADB has earmarked $10 billion for Indonesia over the next five years in a bid to support the government's development priorities. TXF speaks with ADB's Steven Tabor to...

01 March 2016

TXF Export Finance Data: Coface is the most active ECA of 2015

Coface, the French export credit agency (ECA), was the single most active ECA in 2015 for medium and long-term debt supporting a total of $7.73 billion worth of...