News
18 March 2020

MUFG takes loss on Glencore coal project loan

In:
Infrastructure, Metals and Mining, Transport
Region:
Asia-Pacific

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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
23 December 2025

On Your Radar for 2026: The Must-Watch Trends From 2025

Explore three of the top export and commodity finance trends going into 2026, with news, in-depth articles, deals data, and event content curated by Exile Flow AI. Green...

Perspective
09 January 2026

Vulcan lithium: DFIs and ECAs combine for critical minerals

The EIB is anchoring another major DFI-ECA package for a major European energy transition project. Can it succeed where earlier complex mega-projects have struggled?