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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...

26 February 2016

TXF Export Finance Report: HSBC tops 2015 ECA lenders table

HSBC was the biggest lender of export credit agency (ECA) debt in 2015, according to TXF Data's Export Finance report, signing a total of $4.54 billion of ECA-supported...

24 February 2016

TXF Export Finance Report: ECA deal volumes drop by 29%

The global volume of export credit agency (ECA) deals has fallen by nearly a third compared to 2014, according to TXF Data's 2015 Export Finance Report.

19 February 2016
in
Oil & gas

Reserve-based lending feels the squeeze from low oil prices

Low oil prices prompted BNP Paribas last week to “halt” any new US reserve-based lending (RBL) from its Houston office. Sources state other lenders will continue to offer...

19 February 2016

A fishy business: global trade’s unreported $2 trillion

Equant Analytics has calculated that global trade is $2.1 trillion higher than the World Trade Organisation's (WTO) official figures. TXF speaks with Equant's co-founders...

17 February 2016

Japan diversifies energy sources with US LNG investment

Japan has become the world's largest liquefied natural gas (LNG) importer as it diversifies away from nuclear power. A recent deal between Japanese export credit agency...

15 February 2016

NPT taps NEXI to meet Vietnam's capex splurge

Vietnam's state-owned National Power Transmission Corporation (NPT) has signed a $200 million loan facility for a coal-fired power plant, backed by Japanese export credit...