News
12 February 2024

BGN secures $100m ADEX-backed facility

In:
Oil & gas
Region:
Middle East & Africa

The commodity trader BGN has secured a syndicated facility of up to $100 million with the support of Abu Dhabi Exports Office (ADEX). The revolving credit facility is supported by the UAE lenders Mashreq and Abu Dhabi Commercial Bank, while an accordion feature is supported by regional banks and...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
30 May 2025

Olam evolves as challenges mount for agri-traders

Olam Group ended 2024 as the most active borrower of commodity trade finance in the market. It is also undergoing a significant reorganisation with fresh investment from Saudi...

Perspective
03 June 2025

Guardians of trade in Dubrovnik

The walled city of Dubrovnik is a fitting setting to a resilience-themed Berne Union Spring meeting hosted by HBOR, Croatia’s export credit agency. TXF spoke to Yuichiro...