TXF Nordics 2019: Exporting Forum
This regional one day event brings together key decision makers, advisories and exporters together to debate the future of Nordic export finance.
With further US sanctions looming over Russia, and uncertainty over what form they will take, a backlog of commodity-linked deals is growing. But Russian borrowers and traders have become increasingly adept at sanctions compliance and are continuing to develop new protective measures.
Many Russian pre-export finance (PXF) borrowers pulled off another year-on-year reduction in margins in 2018. And with no obvious tightening of local liquidity, and too many lenders chasing too few opportunities, Russian PXF arrangers look set for another margin battle in 2019.