Episodes
Monday Aug 19, 2019
Monday Aug 19, 2019
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:
-
ING has successfully executed its first commodity transaction on Komgo, the blockchain-based platform that transmits commodity transactions in a secure environment
-
Spain's Santander Group is expanding its use of Ripple’s technology
- Alberto Mihelcic Bazzana has been hired by MUFG as vice president of Americas project finance for the oil and gas sector
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Friday Aug 16, 2019
Friday Aug 16, 2019
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:
-
Alibaba Group Holding is upgrading its wholesale business by adding a new sourcing channel to better facilitate cross-border trade
-
Thai Exim Bank as introduced a liquidity enhancement scheme for exporters by unveiling a credit facility to customers affected by global economic volatility and recording sales shrinkage of 15% or more
-
Law firm HFW is launching an office in Monaco with the hire of a team to be led by partners Ian Cranston, Andrew Charlier and Marco Crusafio.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Friday Aug 16, 2019
Friday Aug 16, 2019
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:
-
ExxonMobil is planning a retreat from the North Sea with a £1.6 billion ($2 billion) sale of its oil and gas fields after almost 50 years in the UK’s oil basin
-
Liberty Specialty Markets has appointed James Goodliffe to the role of Senior Underwriting Officer within its Financial Risk Solutions Multi-Buyer Trade Credit practice
-
The 190MWdc Santa Isabel solar PV project in Chile has reached full financial close on a $250 million DFI-backed loan to finance the scheme
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Wednesday Aug 14, 2019
Wednesday Aug 14, 2019
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:
-
Nachtigal set the financing template for hydro in Cameroon in late 2018. Now a very ambitious project more than four times the size of Nachtigal is underway, but is it too much too soon in terms of bankability?
-
Glencore has lost its case to prevent the Australian Tax Office (ATO) using information that was leaked as part of the Paradise Papers to assess its tax obligations
-
Bank of Georgia has signed a one-year $50 million trade finance facility with Citi for small and medium-sized firms across the country
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Tuesday Aug 13, 2019
Tuesday Aug 13, 2019
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 Kikagati Power Company, backed by the Africa Renewable Energy Fund, has reached financial close on its 14MW Kikagati hydro power station on the Kagera River that borders both Uganda and Tanzania
-
Trafigura Group is joining forces with shipping firms Frontline and Golden Ocean to set up a company to supply shipping fuels ahead of a shake-up in regulations next year which could disrupt fuel delivery and cause prices to spike.
-
Canada’s ECA Export Development Canada (EDC) has provided a $600,000 direct loan to RBC to support Stromcore Energy, a Canadian company producing emissions-free clean technology in the form of lithium-ion battery systems adaptable to any forklift brand or class
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Tuesday Aug 06, 2019
Tuesday Aug 06, 2019
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:
-
Tanya Denning has joined Baker McKenzie in Melbourne as energy, resources and utilities partner.
-
Sirius Minerals has suspended a planned $500 million bond sale that is central to the funding of its Polyhalite mining project in the north-east of England
-
Etihad Credit Insurance (ECI), the UAE Federal export credit company, has launched SME Protect, an online export credit solution designed for small and medium-sized enterprises
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Monday Aug 05, 2019
Monday Aug 05, 2019
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:
-
Indonesia’s state energy firm Pertamina has secured a $1.85 billion financing for its Jambaran-Tiung Biru natural gas project from a consortium of 12 banks led by Japanese lender Mitsubishi UFJ Financial Group (MUFG)
-
Venturex Resources has received an approved term sheet from Trafigura for a A$100 million ($70 million) four-year senior pre-pay facility to fund development of its 100%-owned Sulphur Springs Copper-Zinc Project in Australia
-
Does technology hold the solution to more accessible financing and cheaper cost of debt for SMEs? Sunita Mehta, vice president of FI & Trade at Stern International Bank, and Sam Permutt, director at Stern International Bank, see a digital future for what is still a largely analogue trade finance industry.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Thursday Aug 01, 2019
Thursday Aug 01, 2019
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:
-
A United States Senate committee has passed a bill to impose sanctions on companies and individuals involved in building Nord Stream 2, a gas pipeline that will move gas from Russia to Germany
-
PolyMet Mining Corp has announced the appointment of Glencore senior executive Peter Freyberg to the board of directors
-
Microsoft, have announced their partnership supporting the launch of the world’s first end-to-end digital trade bank
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Wednesday Jul 31, 2019
Wednesday Jul 31, 2019
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:
-
Reliance Jio Infocomm is set to borrow about $1 billion - backed by Korea Trade Insurance Corporation (K-Sure) - to buy telecom equipment, start a new range of financial services, and unveil its home broadband pricing.
-
Coface has appointed Benoit Ganzmann as China Country Manager and Head of China Global Solutions
-
Glencore said its African copper business had failed to perform as expected and faced a $350 million hit on its cobalt business following a drop in prices
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Tuesday Jul 30, 2019
Tuesday Jul 30, 2019
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:
-
Galena Mining is sounding out prospective banks and ECAs to finance the development of its high-grade Abra base metals scheme, a mine for the production of potassium sulphate in Western Australia
-
The EBRD has launched a €250 million facility to finance urban transport renewal in Ukraine, under its recently approved Ukraine Public Transport Framework II
-
The Trump administration has increased federal aid to farmers harmed by its trade dispute with China
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today