Search results

Results found: 10408
Parsley Energy increases credit facility to $1.4bn
2 May 2017

Perfect 10 Eurochem: More for less - a TXF commodity finance Deal of the Year
Perfect 10 Eurochem: More for less - a TXF commodity finance Deal of the Year
Max Thompson
2 May 2017

In September 2016, despite a BB- rating Russo-Swiss agrochemical producer EuroChem closed a tightly priced $800 million pre-export finance (PXF) facility, slicing 50bp off its cost of PXF debt and setting a new benchmark for similarly rated Russian borrowers in the same sector.

Russian pre-export: Debt costs and covenants lighten
Russian pre-export: Debt costs and covenants lighten
Callum Burroughs
1 May 2017

With the imminent closing of a spate of refinancings, negotiations over pricing and terms on major deals in Russia’s PXF pipeline for H1 2017 appear to be reaching a conclusion. Indications are that pricing benchmarks have fallen and covenants loosened – a debt market backdrop that could yet improve further for borrowers in H2 2017.

INA extends RCF by a year
1 May 2017

Freepoint Commodities upsizes annual revolver
1 May 2017

Nyrstar amends and extends borrowing base
1 May 2017

Perfect 10 Dongying Fangyuan: A well-placed SAFE bet - a TXF commodity finance Deal of the Year
Perfect 10 Dongying Fangyuan: A well-placed SAFE bet - a TXF commodity finance Deal of the Year
Callum Burroughs
1 May 2017

The largest structured commodity trade finance syndication done by a chinese copper producer to date, Dongying Fangyuan made clever use of China’s SAFE rules to go offshore for cheaper debt.

Norilsk Nickel in legal proceedings against Botswana government
28 April 2017

Nyrstar increases structured commodity trade finance facility
28 April 2017

Perfect 10 Gunvor USA: No parenting required - a TXF commodity finance Deal of the Year
Perfect 10 Gunvor USA: No parenting required - a TXF commodity finance Deal of the Year
Callum Burroughs
28 April 2017

Commodity trader Gunvor’s first foray into the US trading market - Gunvor USA raised a $500 million borrowing base loan without any parental guarantees.

A&O reveals trade commodities & export finance promotions
27 April 2017

Rusal unveils $500m second flight of eurobonds
27 April 2017

Urals secures short-term loan ahead of June export
27 April 2017

Russian miner Mechel optimistic over debt reduction
27 April 2017

Perfect 10 Noble Americas: Down but bouncing back - a TXF commodity finance Deal of the Year
Perfect 10 Noble Americas: Down but bouncing back - a TXF commodity finance Deal of the Year
Callum Burroughs
27 April 2017

Despite junk status at group level, Noble Americas tapped the structured debt market for a $2 billion borrowing base facility in May 2016 – the first large-scale syndicated secured credit facility by Noble group worldwide.

Bharat PetroResources out to banks with new loan RFP
26 April 2017

HSBC mandated on $100bn Aramco IPO
26 April 2017

Metalloinvest: The debt that feeds just got cheaper
Metalloinvest: The debt that feeds just got cheaper
Callum Burroughs
26 April 2017

Metalloinvest’s pricing push has seen it emerge with a big decrease on the cost of its pre-export debt for 2017. Details will be confirmed at signing – expected this week – but improved macro conditions and ample bank liquidity look set to ensure the borrower gets a good deal.

Vitol Asia: Oil prices to hold below low $60s in 2017
26 April 2017

Cocobod needs $400m after $1.8bn loan runs out early
26 April 2017

Perfect 10 Shandong Qingyuan: Warming the pots - a TXF commodity finance Deal of the Year
Perfect 10 Shandong Qingyuan: Warming the pots - a TXF commodity finance Deal of the Year
Sean Keating
26 April 2017

The race to close the first international syndicated structured loan into Chinese downstream oil and gas ended last year when Shandong Qingyuan debuted with a prepayment facility.

Perfect 10 NWK Agri Services: Cottoning on to pre-export finance - a TXF commodity finance Deal of the Year
Perfect 10 NWK Agri Services: Cottoning on to pre-export finance - a TXF commodity finance Deal of the Year
Sean Keating
25 April 2017

In a rare soft commodity pre-export financing, Rabobank and Zanaco structured a deal to extend the reach of the supply chain and meet the working capital needs of Zambian agribusiness NWK Agri-Services.

Olam marks World Malaria Day 2017
25 April 2017

Gunvor Singapore refi launched to general syndication
24 April 2017

US will trump China in steel trade war, says industry veteran
24 April 2017

Perfect 10 Tengizchevroil: Big deal in a much bigger funding strategy - a TXF commodity finance Deal of the Year
Perfect 10 Tengizchevroil: Big deal in a much bigger funding strategy - a TXF commodity finance Deal of the Year
Sean Keating
24 April 2017

The $3 billion Tengizchevroil pre-export revolver is ultimately a liquidity facility designed to enable optimum timing and pricing for future TCO bond issues. But the deal was a success in its own right, and is likely to have been tightly priced given the additional bond business it appears to be generating for the banks involved.

FinComEco launches in Africa to boost farmers
24 April 2017

UC RUSAL reports rise in aluminium sales
24 April 2017

Swift Energy increases credit facility borrowing base
24 April 2017

CDB may finance Fosun's Polyus deal
21 April 2017

Metalloinvest to sign $1.05bn PXF facility
21 April 2017

MHP gears up for PXF refi
20 April 2017

Glencore Agri looking for bridging loan
20 April 2017

Organi integrates INTTRA's shipping logistics solution
20 April 2017

Gunvor Singapore back for refinancing
20 April 2017

Brazil court suspends Petrobras oilfield sale to Statoil
19 April 2017

Leading commodity traders: Filling the funding void and maxing the margins
Leading commodity traders: Filling the funding void and maxing the margins
Callum Burroughs
18 April 2017

A downturn in global commodity markets and a rise in regulatory pressure has led to greater de-risking by structured trade finance banks. This funding gap is being increasingly filled by large commodity traders, giving them even greater market clout and a lending margin to add to trading profits.

China enjoyed $23.9bn trade surplus for March
18 April 2017

Citi sees oil surging in season to have faith in commodities
18 April 2017

Strong appetite for Rusal $2bn refinancing
17 April 2017

DMCC sees record 2,016 new member companies
17 April 2017

UC RUSAL, Runaya Metsource to produce aluminium pastes and powders
17 April 2017

Cocobod PXF lines up two bidding groups
17 April 2017

Bext launches blockchain payment solution for coffee farmers
12 April 2017

Ratio Oil reaches full close on Leviathan debt
12 April 2017

All roads lead to TXF Amsterdam
12 April 2017
TXF

ONGC Videsh mandates banks for bridge loan take-out
12 April 2017

Petrobras likely to be creditor in revison of large contract
11 April 2017

US Ex-Im may lose Cobre Panama role
10 April 2017

Trump mulls trade order that could lead to import duties
10 April 2017