Phil Lewis, global head of export finance at HSBC spoke to TXF to outline the most prevalent headwinds and tailwinds in the ECA market. From the increasing adaptability of ECAs to pushing metals and mining higher up the financing agenda, ECAs have the capacity for new business in the wake of the pandemic and war in Ukraine.
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.