Full bank syndicate revealed in Trafigura’s $800m loan backed by Euler Hermes; Year-end signing target for NEOM Green Hydrogen Project; Ras Laffan out to banks by year-end

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 financing of the Ras Laffan petrochemicals project in Qatar is expected to be out to banks later in 2022, according to a source familiar with the matter.

• The target for signing the project financing of the NEOM Green Hydrogen Project in Saudi Arabia is the end of 2022, according to sources familiar with the matter

• The $800 million loan underwritten and arranged for commodity trader Trafigura by Societe Generale (SG) which has been guaranteed by the government of Germany acting through its export credit agency (ECA) Euler Hermes under its untied loan programme –  is believed to be the largest untied ECA-backed loan to a single commodity trading company to date

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