TXF tracker

Farah Shaikh joins Finastra from Crown Agents

24 October 2019

Farah Shaikh has joined Finastra’s transaction banking team as global solutions expert, transaction banking, Europe. Prior to that, she was vice president, trade finance at Crown Agents bank. She has also held roles in trade finance at Zenith Bank, HSBC and ABN Amro. Shaikh’s new role builds on those 15 plus years in trade finance and she will continue to be based in London.

TXF in depth

Keynote: Shipping keeps Euler Hermes CEO in buoyant mood
Keynote: Shipping keeps Euler Hermes CEO in buoyant mood
Katharine Morton
17 February 2020

It may have been a so-so year for many ECAs, but not Euler Hermes. CEO Edna Schoene was in a buoyant mood when she spoke to TXF. Financing ships has boosted business, claims have been benign and short term business has been stable, but the need to change the OECD Consensus radically is still top of mind,

Is Poland’s offshore wind market project finance-friendly?
Is Poland’s offshore wind market project finance-friendly?
Niamh Curran
14 February 2020

The Polish offshore wind market is gathering pace. Although questions around local content requirements, local liquidity and local currency-denominated PPAs need to be answered before this nascent market can be considered project finance-friendly.

EKN: On exporting Sweden’s fossil free energy future
EKN: On exporting Sweden’s fossil free energy future
Katharine Morton
12 February 2020

It was unseasonably warm for Stockholm in February at EKN’s annual seminar. TXF was in Sweden to hear about the opportunities to finance the transition to carbon zero. Apparently, no more Nobel prizes need be awarded for some of the technology to make it happen. The financing is a different question.

TXF Originals

Torm closes $386m partial refi and newbuild facility
26 February 2020

Denmark-based oil shipper Torm, a subsidiary of Oaktree Capital, has closed a $386 million facility comprising part refinancing of a $177 million loan...

Norilsk Nickel upsizes and extends term loan
26 February 2020

Russian metals producer Norilsk Nickel refinanced its $2.5 billion term loan on 21 February. The deal was upsized and extended to a five-year $4.15 bi...

Mainstream tests bank appetite for Huemul renewable scheme
26 February 2020

Mainstream Renewable Power is testing bank appetite for an approximately $500 million-$600 million loan to finance development of the Huemul renewable...

BBI promotes Jennings
25 February 2020

Mark Jennings has been appointed executive vice president of P3 investments and project finance at Balfour Beatty Investments (BBI), where he has work...

Murphy's Aviva infra role expanded
25 February 2020

Darryl Murphy is said to have been appointed combined head of infrastructure debt and equity at Aviva Investors – although neither Aviva or Murp...