TXF: Indepth

TXF: Indepth

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TXF: Indepth episodes

  • KDB and Kexim eyes upping support for Doosan Heavy Industries; EBRD appoints new director for eastern Med; and UK says refuses extension to transition period
    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:
    Korea Development Bank and the Export-Import Bank of Korea could shell out an additional relief of around KRW800 billion ($652.1 million) to Doosan Heavy Industries & Construction Co. after further investigation on the validity of the heavy equipment maker’s self-rescue plan.
    The European Bank for Reconstruction and Development has appointed Philip ter Woort Director for its eastern Mediterranean region, leading its operations in Jordan, Lebanon and the West Bank and Gaza
    The UK government has reiterated its refusal to extend the transition period for EU trade, saying it does not want to prolong the “period of uncertainty” for businesses
    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
  • Denmark launches sovereign guarantee fund for companies amid Covid-19 crisis; ABN Amro claims against oil trader Hin Leong Trading; Mechel sells stake Elga coal mine;
    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:
    ABN Amro Bank is the latest lender to make a claim against Singapore oil trading giant Hin Leong Trading
    Russian steel and coal producer Mechel has sold its stake in the Elga coal mine to a local businessman to reduce debt
    The Danish government is launching a sovereign guarantee fund of DKK30 billion ($4.4 billion)  to ensure that companies have access to insuring their transactions with credit periods of up to 180 days during the coronavirus pandemic.
    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
  • Oil Search Q1 revenue drops 20% to $359m; Singapore adds Minerva Bunkering and TFG Marine to list of licensed bunker suppliers; Tradewind Finance announces flexible financing amid Covid-19 pandemic
    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:
    Tradewind Finance has announced it is offering more flexible financing solutions to address the economic and operational upheaval businesses face during the COVID-19 pandemic.
    Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder Oil Search reported Q1 revenue of $359.4 million - 20% below the $446.7 million in the same period last year;
    Mercuria’s Minerva Bunkering and Trafigura’s TFG Marine have been awarded new bunker supplier licences by Maritime and Port Authority of Singapore, home the world’s top marine refuelling hub
    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
  • KfW to monitor supply of corporate credit; Iran's ECA increases exposures; and Glencore reverses decision to shut Zambian copper mine
    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:
    Germany's KfW has released the first edition of its KfW-ifo Credit Constraint Indicator to monitor and assess the supply of credit to SMEs and large-scale enterprises during the coronavirus crisis
    The Export Guarantee Fund of Iran, the state-owned export credit agency, has raised the ceiling of its coverage to help support businesses affected by the COVID-19
    Glencore will reverse its earlier decision to shutter its Zambia subsidiary Mopani Copper Mines (MCM) if it reaches an agreement with the Zambian government
    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
  • APICORP to raise its callable capital to $8.5bn; EGCO to buy 25% of Yunlin offshore wind project in Taiwan; Canada ups DFI/ECA capacity
    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:
    Arab Petroleum Investments Corporation (APICORP) has announced that its General Assembly has ratified a landmark increase in callable capital to $8.5 billion, as well as a significant hike in authorized and subscribed capital.
    Electricity Generating Public Company Limited (EGCO) has informed the Thai stock exchange that its Greenwing Energy subsidiary has entered into a share purchase agreement to acquire a 25% ownership interest in Yunlin Holding GmbHThe World Bank has priced an $8 billion five-year global benchmark bond that matures on 22 April, 2025;
    Business Development Canada and Export Development Canada are to make available additional financial capacity to help support the country's oil and gas sector during 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
  • Credendo ups support; World bank prices five-year $8bn global benchmark bond; and Zambia threatens to strip Glencore of copper mine
    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:
    Zambia raised the stakes in its fight with Glencore by threatening to strip the company of its copper mines in the southern African country
    The World Bank has priced an $8 billion five-year global benchmark bond that matures on 22 April, 2025;
    Credendo is increasing its support for Belgian businesses that are active internationally to offer - alongside credit insurance, foreign investment insurance and direct financing - an increased financial guarantee product to banks that grant credit
    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
  • Total's LNG project is Mozambique's coronavirus epicentre; Zambia threatens to revoke Glencore's copper mines as row escalates; Charter flights now insured to ship gold to ease supply logjam
    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:
    Zambia raised the stakes in its fight with Glencore by threatening to strip the company of its copper mines in the southern African country
    Total's LNG project is Mozambique's coronavirus epicentre
    Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion Market Association (LBMA) revealed
    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
  • Oil falls after Saudi Arabia, Russia end price war with historic deal; MUFG names new head of transaction banking for East Asia; 1GW Saudi solar RFP issued
    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:
    MUFG names new head of transaction banking for East Asia
    Oil falls after Saudi Arabia, Russia end price war with historic deal
    1GW Saudi solar RFP issued
    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
  • US Exim reduces loan fees amid coronavirus pandemic; Ghana's cocoa revenue hit by $1bn as prices drop; MIGA launches $6.5bn support package for middle-income countries
    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 Export-Import Bank of the United States has announced changes to the fee structure of its Delegated Authority loans and Fast Track Loans.
    Ghana’s cocoa revenue will be hit by a $1 billion shortfall as the coronavirus pandemic causes a price drop on the world market, Cocobod says
    The Multilateral Investment Guarantee Agency (MIGA) has launched a $6.5 billion fast-track facility to support private sector investors and lenders tackling the COVID-19 pandemic in low and middle-income countries.
    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
  • Engie Brasil signs loan to back Campo Largo 2 wind scheme; Glencore bids for stake in Argentine soy crushing plant; and Citi appoints new EMEA head of treasury and trade solutions
    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:
    Brazilian utility Engie Brasil Energia has approved the signing of a BRL1.243 billion ($237.4 million) loan with the country's development bank BNDES for the 361.2MW Campo Largo 2 Wind Complex
    Glencore has made a $325 million bid for the minority stake in Argentine soy crushing plant Renova held by bankrupt family-owned company Vicentin
    Citigroup has appointed Mark Smith as Head of Treasury and Trade Solutions (TTS) for the EMEA region, based in London.
    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

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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.