Japanese bank MUFG sold off its $85 million loan to Glencore’s Wiggins Island Coal Export Terminal (WICET) in Australia to a hedge fund on Wednesday at about 52 cents in the dollar, according to two sources.The costly decision at a time of extreme market volatility extinguishes MUFG's...
TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.
Stefan Reisacher, CEO of EPC contractor Linxon, discusses how to work with ECAs in challenging conditions. Contractors need to improve communications with sub-suppliers - from...
TXF spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP markets amid increased competition from Turkish, Chinese and Indian contractors.
TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.
Stefan Reisacher, CEO of EPC contractor Linxon, discusses how to work with ECAs in challenging conditions. Contractors need to improve communications with sub-suppliers - from bidding to investment decisions and beyond.
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