TXF: Indepth

TXF: Indepth

By TXF NewsNewsBusiness News
Download on the App Store

TXF: Indepth episodes

  • US Exim inks MoU with National Credit Union Administration; EIB signs €122.7m loan agreement with Egypt; TDB extends revolving PXF to EdM to boost fair trade vanilla exports
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    US Exim inks MoU with National Credit Union Administration
    EIB signs €122.7m loan agreement with Egypt
    TDB extends revolving PXF to EdM to boost fair trade vanilla exports
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Finnvera raises guarantee coverage to maximum of 90%; UK unveils £10bn trade credit insurance guarantee plan; Saudi Arabia, Russia agree oil cuts extension
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month, while raising pressure on countries with poor compliance to deepen their cuts, sources said.
    The UK government said it will guarantee up to £10 billion ($12.5 billion) in trade credit insurance schemes which protect businesses hit by the coronavirus against defaults or payment delays
    The Export-Import Bank of the United States has extended several relief measures for exporters and financial institutions affected by the COVID-19 pandemic through to 31 August, 2020
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Coface warns payment delays in China will worsen amid Covid-19 pandemic; New lead TTS role at Citi for Dave Aldred; KDB, Kexim to provide Doosan Heavy I&C with additional $977m
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Citi has appointed Dave Aldred as Treasury and Trade Solutions Head Middle East, North Africa, Pakistan & Turkey, effective immediately
    KDB, Kexim to provide Doosan Heavy I&C with additional $977m
    Coface's latest survey on business payments for China in 2019 shows that more companies are reporting delays.
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    5 min
  • Qatar Petroleum inks $19bn South Korean LNG shipbuilding deal; US Ex-Im extends Covid-19 relief measures to 31 August; IFC, Citi provide $1.2bn to support trade in emerging markets
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    The International Finance Corporation and Citi have signed a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support economic development
    Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued at $19.2 billion
    The Export-Import Bank of the United States has extended several relief measures for exporters and financial institutions affected by the COVID-19 pandemic through to 31 August, 2020
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • Neptune Energy ups RBL to $2.3bn; Trafigura plans major renewable energy investment over next five years; EIB extends $100m to Egyptian SME manufacturers via Banque du Caire
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Commodities trader Trafigura Group is planning a major increase in renewable-energy investments over the next half-decade.
    Neptune Energy has increased the borrowing base of its RBL facility to $2.3 billion and upsized it to $2.6 billion, raising the total available liquidity to $1.7 billion
    The European Investment Bank has signed a financing agreement of $100 million with Banque du Caire to finance the investments of Egyptian small and medium-sized enterprises in the manufacturing and services sectors
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • FCA waits on SACE backing for €6.3bn Intesa loan; DFC unveils $4bn COVID-19 Rapid Response Liquidity Facility; Lundin Gold announces C$50m bought deal financing
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Italy’s Intesa Sanpaolo has approved a €6.3 billion ($6.9 billion) loan for Fiat Chrysler (FCA), subject to the car maker securing a guarantee from export credit agency SACE, a source said.
    Vancouver-headquartered Lundin Gold has announced a bought-deal financing with BMO Capital Markets for 4,150,000 common shares at C$12.05 for gross proceeds of C$50 million ($36.3 million)
    US International Development Finance Corporation (DFC) has approved the agency’s new Rapid Response Liquidity Facility, which will provide up to $4 billion in additional financing for existing DFC projects that have been particularly impacted by the Covid-19 pandemic.
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
    4 min
  • Trafigura takes a bet with North Sea oil on post-lockdown revival; UKEF may help finance Solidarity Transport Hub in Poland; EBRD agrees €40m Serbian SME financing to Eurobank
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    UKEF may help finance Solidarity Transport Hub in Poland
    Trafigura takes a bet with North Sea oil on post-lockdown revival
    EBRD agrees €40m Serbian SME financing to Eurobank and
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • Montenegro receives commercial bank Covid-19 budget relief package; Kexim taps Australian bond market; and Uralkali signs $665m PXF
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Montenegro has received a €250 million ($274 million) syndicated loan from commercial banks to cover budget expenditures related to the measures adopted to limit the adverse effect of the coronavirus crisis
    The state-run Export-Import Bank of Korea has sold A$700 million ($460 million) of bonds in Australia as part of efforts to diversify its funding sources
    Russian potash producer Uralkali has signed a $665 million pre-export finance facility with 11 international banks
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • Switch to e-bills of lading 'could save shipping industry $4bn a year'; Vale launches New York legal fight with BSG Resources; Airliners, shippers to benefit first from $33bn KDB COVID-19 fund
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    The container shipping industry could save itself up to $4 billion a year if half of all bills of lading (B/Ls) were dealt with digitally, according to the Digital Container Shipping Association (DCSA)
    Brazilian iron ore miner Vale has launched a legal action in New York to determine whether funds paid to BSG Resources within the framework of their former Simandou partnership in Guinea were used for property investments in the United State
    South Korea's government-led KRW40 trillion ($33 billion) corporate relief fund aimed at helping companies weather the COVID-19 pandemic crisis will first go to aid airliners and shippers with minimum debt of KRW500 billion ($407.5 million) and payroll of 300.
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • Traxys signs $1.287bn syndicated RCF; Natixis to withdraw from shale oil and gas, hastens coal exit; CDC reveals record levels of trade finance to Afirca
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Natixis has announced that it will no longer finance projects dedicated to shale oil and gas exploration and production
    Traxys, the Luxembourg-headquartered metals and natural resources trader and merchant, has signed a $1.287 billion multi-currency syndicated revolving credit facility
    CDC Group, the UK’s development finance institution, has announced a record month for its trade guarantee programme
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min

About TXF: Indepth

From the publisher's feed

Leading lenders, exporters, borrowers, ECAs, and experts provide in-depth analysis of major transactions and the latest trends and challenges shaping export, agency, and commodity finance.