Trade finance firm Drip Capital raises $25m

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Ichthys LNG: More of a reprice than refi
Ichthys LNG: More of a reprice than refi
Max Thompson
18 June 2020

One of the world’s largest LNG projects - Ichthys LNG - has just refinanced the original 2012 ECA-backed project debt stapled to the scheme. But for a repricing exercise in the Covid-19 epoch, the margin savings on the ECA portion were better than expected.

Commodity traders feel pricing pinch
Commodity traders feel pricing pinch
Max Thompson
17 June 2020

Trading houses fundraising activities in the Covid-19 epoch have been few and far between, as record-low oil prices and an increase in the cost of trade debt impact the number of commodity finance transactions globally.

ECAs work to “fast track” airline restructuring requests
ECAs work to “fast track” airline restructuring requests
Dickon Harris
15 June 2020

European ECAs have engineered a standard approach to help “fast track” airline loan restructuring requests amid a turbulent time for the aviation industry. But the news comes with an uptick in the cost of ECA debt for airline carriers and lessors.

TXF Originals

Cocobod's annual revolver faces uptick in margin
9 July 2020

Ghana Cocoa Board (Cocobod) is in the market to refinance its annual revolving credit facility. The one-year $1.3 billion loan, which closed last Sept...

Eurofiber refinancing closed
9 July 2020

Netherlands-based fibre network developer Eurofiber – which is owned by Antin Infrastructure Partners – has closed on a €848 million ...

Windpark Pannonia Gols repowering loan signed
9 July 2020

Sponsors of Windpark Pannonia Gols – 4P Envest GmbH (58%) and private investors (42%) – have closed on €113.6 million of debt to fina...

Cameroon extends RFQ deadline for gas-fired plant
8 July 2020

The RFQ deadline for prospective developers for the 350MW Limbe gas-fired power plant project in Cameroon has been extended to 10 August by the countr...

Kayne closes on Harts Mill PV financing
7 July 2020

Kayne Renewable Opportunities Partners has closed on the financing backing the 112MW Harts Mill utility-scale solar PV project in North Carolina. Kayn...