One of the world’s largest LNG projects - Ichthys LNG - has just refinanced the original 2012 ECA-backed project debt stapled to the scheme. But for a repricing exercise in the Covid-19 epoch, the margin savings on the ECA portion were better than expected.
Exclusive subscriber content…
If you are a TXF subscriber, please login to continue reading
A new commodity trader is set to tap the ECA-backed loan market to diversify their fund mix amid the drive to energy transition. The deal marks a continued increase in the use of ECA debt as an instrument in trading houses’ financial toolkits.
TXF will be hosting the 10th Anniversary of its Global Commodity Finance Conference in Amsterdam on 22-23 May 2024, at the Grand Krasnapolsky Hotel, with our black-tie Industry Awards Dinner on the 21st.