Ivory Coast signs ECA-backed drinking water project; Pampa Energia extends bond maturity; Further details emerge on Auramet $350m loan

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:

• KfW IPEX-Bank, together with Swedish Export Credit Corporation, has agreed ECA-backed financing for the construction of 1,000 drinking water boreholes with solar pumps in the Ivory Coast

• Argentina's Pampa Energia (Caa3/CCC+/B-) has extended over 80% of its next major international bond maturity after its decision to improve the terms of an exchange offer was enough to lure bondholders into participating

• Further details have emerged in relation to the $350 million financing for North American headquartered precious metals merchant Auramet Trading and Auramet International. The facility, led by ING Capital, has a one-year tenor and is structured as a revolving credit facility, details not previously released.

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