South African coal mining company, Coal of Africa Limited (CoAL), has signed an 18-month, R210 million (approximately $21.4 million) working capital facility from Investec Bank Limited (Investec).
The principal terms of the loan include a margin of 500 basis points, pledge and cession of the shares and loan accounts in the major operating subsidiaries of the group.
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Pauli Heikkilä, CEO of Finnvera, reflects on the swinging pendulum for export financing he’s seen in two decades heading Finland’s ECA. Global swings from market forces...
In advance of his appearance at TXF Global in Athens, Tim Reid, CEO of UK Export Finance, discusses the lenses through which the ECA will define the success of its new...
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Pauli Heikkilä, CEO of Finnvera, reflects on the swinging pendulum for export financing he’s seen in two decades heading Finland’s ECA. Global swings from market forces towards protectionism using public money is not risk free, he warns.
In advance of his appearance at TXF Global in Athens, Tim Reid, CEO of UK Export Finance, discusses the lenses through which the ECA will define the success of its new business plan, which builds on its record as the fourth most active ECA in 2023 according to TXF Intelligence.
Join us on a mythical adventure through all things export, agency & project finance as TXF Global 2024 travels to the historic city of Athens for the first time!