TXF: 20 Minutes With

UKEF agrees £9bn Poland defence deal; Glencore closes ECA financing; Ivory Coast raises debt for healthcare infra

In this week's round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
UK Export Finance has confirmed its support for a £9 billion Poland defence exports deal
Glencore has closed a $300 million credit facility with Saudi Exim
EIFO and KUKE are backing healthcare facilities in Ivory Coast with a €171 million financing
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Indonesia to sign SACE defence deal; Vitol closes mega-RCF; Sri Lanka restructures Chexim debt

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
Indonesia is set to sign a $1.1 billion SACE-backed loan for defence equipment
Energy trader Vitol has closed almost $12 billion in financing across a pair of RCFs
Sri Lanka has restructured around $4 billion in Chexim debt as part of its ongoing talks with bilateral and sovereign creditors
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

Setting standards for transparency: TXF speaks to Hugo Brodie at the London Metal Exchange

The TXF Global Commodity Finance and Sustainable Natural Resources event is set to kick off in Amsterdam on 22 May. In this special pre-event podcast, TXF reporter Ralph Ivey speaks to Hugo Brodie, Head of Product Development and Innovation at the London Metal Exchange, about sustainability in the metals business and maintaining an orderly market amid complex geopolitical tensions.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

Ukraine amends ECA charter; LDC and Olam engage in cotton bidding war; JBIC supports geothermal technology

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
Ukraine has amended its ECA charter to include military risks as part of a push to re-establish its insurance products
Louis Dreyfus Company and Olam Agri have each submitted offers to acquire Namoi cotton, the Australian cotton processor
JBIC, NEXI and the EIB are supporting a €131 million package for a new geothermal power plant located in Germany
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

ECAs announce mining deals; Finnvera seals largest ever telecoms facility; LME grapples with new sanctions

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
Kexim, K-Sure and JBIC have announced new deals to support critical mineral projects in Argentina and Chile while EDC has expressed interest in Australian rare earths
Finnvera has closed a $1.5 billion deal that supports exports of Nokia's 5G technology for Reliance Jio in India
The LME is set to impose new rules to limit profiteering from rent-sharing agreements after the US and the UK announced new sanctions on Russian metal
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

EU proposes ECA fossil fuels ban; Trafigura secures JBIC facility; SACE releases annual numbers

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
The EU has proposed an amendment to the OECD Arrangement that would effectively ban ECA financing for the fossil fuel value chain
Trafigura has secured a $560 million financing with JBIC and SMBC that is linked to LNG imports for Japan
SACE has released its annual numbers for 2023 after a year in which it led the way as the most active ECA in the market
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

JBIC and CFE confirm buyer credit deals; Kexim opens Poland offices; Trafigura admits to US bribery charges

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
JBIC has agreed a pair of buyer credit deals with the Mexican utilities company CFE related to two new combined cycle gas power plants
Kexim has opened offices in Poland as it looks to build on Korea's emerging economic partnerships in eastern Europe
Trafigura has pleaded guilty to US charges of bribery in Brazil and will pay $126 million in fines
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

ECAs back Chilean copper in $2.5bn financing; Glencore considers options for coal; Eksfin supports Hornsea 3

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
A group of ECAs have provided direct lending services as part of a major $2.5 billion financing for expansion at Chile's Centinela copper mine
Glencore is considering plans for its coal business as it finalises a deal to acquire assets from Teck Resources
Norwegian ECA Eksfin has agreed a deal to provide €525 million to Orsted for the UK's Hornsea 3 offshore wind farm
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.