Gunvor signs increased RCF
Gunvor has closed an oversubscribed revolving credit facility. The Swiss trader has drawn new banks into the syndicated facility and increased the size of the deal...
Gunvor has closed an oversubscribed revolving credit facility. The Swiss trader has drawn new banks into the syndicated facility and increased the size of the deal...
Mauricio Munguia, Latin America desk head at Santander, Stephen Cartwright, the head of Department for International Trade (DIT) in Mexico, and Angus Murray,...
Power is the export finance’s largest sector in H1 of 2016, accounting for 44.1% of the market, with significant growth in both coal-fired and conventional power.
Commerzbank has expanded and repositioned its export finance department in order to become an even bigger player in the ECA market, as Africa and Russia look set to...
The Middle East is the largest export finance borrower market in the first half of the year, with a 35.3% share of the global market; the export finance community cites...
The Japanese ECA, JBIC, topped the table by covered volume with 25 transactions totalling $9.68 billion in H1 of 2016, with the German ECA Euler Hermes in second place...
The total volume of ECA deals taking place in the first half of 2016 dropped by 22.5% compared to same period last year, while SMBC topped the lenders table with $2.19...
Even though Angola is facing a rollercoaster ride with a drop-off in oil revenues, and a non-payment crisis, three European ECAs have backed a $460.29 million loan to the...
At the end of June, Turk Eximbank signed a $746.82 million MIGA-backed loan with a syndicate of banks for on-lending to Turkish exporters. The deal closed just weeks...
UK Export Finance’s CEO, Louis Taylor, sits down with Ollie Gordon to discuss the export credit agency’s financial results for 2015/16, as well as touching on Brexit’s...
Large exporters are increasingly bypassing the banks and providing direct loans to their smaller customers with the help ECA cover.
Angola's decision to dispense with support from the International Monetary Fund (IMF) at a difficult economic and financial time was based on the idea of securing...
Deutsche Bank today has launched a new intra-day cross-border cash sweeping service in South Korea, enabling its corporate clients to move euro and US dollar surplus...
At the end of last month, US Ex -Im unveiled its annual competitiveness report for 2015 to Congress. TXF's Max Thompson analyses the report’s findings.
The Export-Import Bank of the United States (US Ex-Im) is close to being able to make large loans again. US lawmakers agreed an amendment to a funding bill allowing...
Earlier this week, South Africa's state-operated power electricity firm, Eskom, signed a $1.34 billion loan with the African Development Bank (AfDB). The funds will be...
Earlier this month, the Italian drilling company Saipem closed a €667 ($740 million) million GIEK-backed buyer's credit facility to finance the purchase of equipment and...
Despite foreign investors’ and ECAs’ concerns over the risk of doing business in Argentina, the export community remains excited by the country’s trade prospects , TXF's...
On the sidelines of TXF's Export & Agency Finance conference in Rome, Max Thompson caught up with STX France's head of financing and treasury, Jean-Philippe Neau, to find...
Australia's Hornsdale Wind Farm secured financing with a club loan of A$173.5 million from KfW IPEX-Bank and Société Générale for the project’s second stage of...