PolyMet Mining has negotiated a 12-month payment extension and reduction in interest rates on $152 million of debt owed to Glencore. The pricing has been cut from 1500bp over 12-month dollar Libor to 1000bp and the tenor extended to 31 March 2019. The borrower also secured a commitment for an...
The macro environment is still a little unsettled. So the industry is not completely willing to accept the good news on transaction volumes.
The 10th edition of the TXF Amsterdam Global Commodity Finance event has now passed, but what were the biggest talking points? Read on for the latest updates on growth in...
In advance of her appearance at TXF Global in Athens, Reta Jo Lewis, President and Chair of Export-Import Bank of the United States (US Exim) spoke to TXF about the importance of ‘getting out there’ to be face to face with exporters, financiers and the industry. There’s no point sitting back and waiting for business to come to the agency, she says.
The macro environment is still a little unsettled. So the industry is not completely willing to accept the good news on transaction volumes.
The 10th edition of the TXF Amsterdam Global Commodity Finance event has now passed, but what were the biggest talking points? Read on for the latest updates on growth in commodities, financing issues and the demands of sustainability.
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