TXF China 2019
TXF China brings an exclusive group of senior structured finance professionals together in Shanghai for a day of collaborative discussion of regional opportunities and productive network building.
The new renewables programme is highly structured, and has to erase lenders’ memory of Argentina’s past economic struggles.
Kexim last week provided a loan to finance the Prestea-Kumasi power enhancement project in Ghana as South Korea looks to compete with China and Japan for African infrastructure projects.
The energy sector represents a bold new frontier for export credit agencies (ECAs). Increased involvement in this sector makes good business sense.
The financing for Newcom and Softbank’s Tsetsii wind farm sees Japan take the lead in supporting Mongolia’s power sector.
The development of one of the world’s highest producing polyhalite mines in North Yorkshire, backed by commercial bank and Canada’s EDC financing could bring jobs and an export boost to the UK. However, the relatively new product will need to find a place in the market but could be boosted by Britain’s Brexit vote.
The UK government introduced dramatic cuts to renewable energy subsidies in August, just a month before Finland's ECA, Finnvera, closed a £100 million financing for the construction of the world's largest biomass power plant in the UK.
South Korea's ECA, Kexim, posted a net loss of $838.6 million for the first half of the year after bad debt provisions surged due to over exposure to struggling shipbuilders. However, one market source claims Kexim's losses are "not as bad as they seem".
Tom Nelthorpe discusses whether China, Russia and Mongolia can work with a small coal mine developer to make a greenfield rail project a reality.
At the end of last month, Finnvera and NIB signed a $225 million facility that will be onlent to a eucalyptus pulp mill project in Brazil. The deal represents the first time Finnvera has tapped an ‘alternative’ form of finance with NIB in order to leverage the credit risk of doing business in a country struggling to revive its economy.
Due to the political and economic uncertainty surrounding Pakistan, international financing has been hard to come by for the South Asian country. Nonetheless,in July Warid Telecom, a Pakistani mobile operator, closed a $249.76 million EKN-backed loan – the third largest ECA deal in the country – for the purchase of Ericsson telecoms equipment.