TXF Podcast

Mercuria closes $2.2bn multicurrency RCFs; Hermes, OeKB, and Serv vow to up cooperation amid increased competition; and HSBC-Landmark Group completes rare blockchain transaction

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 credit agencies of Germany (Euler Hermes), Austria (OeKB), and Switzerland (SERV) have vowed to cooperate more closely on state guarantees amid increasing competition from Asian banks

• Mercuria Energy Trading has closed its $2.25 billion multicurrency revolving credit facilities

• Landmark Group and HSBC say they have completed a first-of-its-kind transaction that connected two independently-built blockchain platforms

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

JICA agrees loan for Iraq refinery upgrade project; Bosnia's Aluminij in talks strategic talks with Glencore; Facebook releases blockchain-powered currency Libra

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:

• JICA agrees loan for Iraq refinery upgrade project

• Bosnia's Aluminij are in talks to Glencore as it seeks a strategic partner to avoid bankruptcy

• Facebook has released details of its new blockchain-powered currency Libra through its subsidiary Calibra

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

ENGIE signs corporate PPA for solar scheme in Texas, KAZ minerals signs $600m credit facility, and Stenn International appoints new global head of finance and capital markets

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:

• ENGIE North America has entered into a 15-year PPA with retailer Target Corp for 89MW of capacity from the Sand Fork Solar Project in Texas

• KAZ Minerals has signed a $600 million credit facility with the Development Bank of Kazakhstan

• UK-based trade finance provider Stenn International has appointed Chris Rigby to the newly created role of Global Head of Finance and Capital Markets

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

UniCredit collaborates with FinDynamic; Emmerson indicates European lender for potash mine financing; and Charan joins HSA Advocates as partner

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:

• UniCredit has announced a collaboration with FinDynamic, an Italian fintech company offering discounting programs, as it seeks to enhance its working capital offering for corporate clients.

• Emmerson has been given a formal indication from an unnamed European bank that it will receive debt financing up to $230m for its Kemisset potash mine

• Amit Charan has joined HSA Advocates as Partner

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

 

 

Saipem wins JV for LNG project in Mozambique; Bank Frick acquires majority holding in Tradico; and Jordan close to awarding wind tender bids

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:

• Jordan’s Ministry of Energy & Mineral Resources is close to selecting the preferred bidders for a 50MW wind tender under its round three renewables programme.

• Bank Frick has acquired a majority holding in Tradico AG

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

IFC invests $60m in Ikuka Resources' Sierra Rutile project, KEFI approved for Tulu Kapi gold project, and Squire Patton launches trade practice in Madrid

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 International Finance Corporation will invest $60 million in Perth-headquartered mineral sands miner Iluka Resources’ Sierra Rutile operation

• KEFI Minerals PLC has been given formal approval by Ethiopia's central bank for its Tulu Kapi gold project finance package

• Squire Patton Boggs has launched an International Trade Practice in Madrid with the appointment of José María Viñals

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

NEXI backs loans by MG Leasing and Mitsubishi UFJ Lease to TDB Leasing, Biz2Credit closes $52m Series B capital financing round, and Pembridge buys Minto Exploration from Capstone

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:

• NEXI is backing loans made by MG Leasing Corporation (MG Leasing) and Mitsubishi UFJ Lease & Finance Company Limited (MUL) to TDB Leasing LLC

• Pembridge Resources buys Minto Explorations from Capstone Mining Corp

• Biz2Credit has closed a $52m Series B capital financing round

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

Glencore raises €850 million for third renewables fund; BP agrees to sell Gulf of Suez oil to Dragon Oil; and Eurobank selects Temenos Infinity to enhance business agility

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:

• Glencore Partners has raised €850 million for the final close of its third fund, as it continues its strategy of backing renewable energy infrastructure projects in Europe

• Oil major BP has agreed to sell its Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company

• Eurobank Group has selected Temenos Infinity and Temenos T24 Transact to enhance its business agility and secure significantly lower deployment costs

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

Magnum Development and Mitsubishi launch 1GW ACES project in Utah, SAP Ariba ends PrimeRevenue SCF deal, and market moves

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:

• Magnum Development and Mitsubishi Hitachi Power Systems (MHPS) have launched an initiative for the 1GW Advanced Clean Energy Storage (ACES) project in central Utah

• Credit Agricole CIB has announced two hires to its Structured Commodity Finance team

• SAP Ariba has ended its three-year-old agreement with PrimeRevenue to deliver multi-funder supply chain financing to its users

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today

EDC launches new reps in Chicago, Teck Resources signs $2.5bn Quebrada Blanca project financing, and İş Bank has signs syndicated loan agreement

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:

• Turkish lender İş Bank has signed a syndicated loan agreement in the amount of €644.9 million ($722 million) and $323.5 million with a maturity of 367 days

• Teck Resources signs $2.5bn Quebrada Blanca project financing

• Export Development Canada (EDC) has launched a new representation in Chicago, Illinois, to act as its home base in the Midwest

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today