Episodes
Monday Mar 25, 2019
From invoice fraud to mega mining plans
Monday Mar 25, 2019
Monday Mar 25, 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:
- Royal Dutch Shell Nigerian unit agreed a $200 million deal with United Bank for Africa to help its local vendors and suppliers access project finance
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Canadian miner Hudbay Minerals scored a big win this week after the US Forest Service approved the company’s mine plan of operations for its $1.9 billion Rosemont copper project in Arizona
- Invoice fraud cost UK businesses £93 million last year, according to new figures
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Sunday Mar 24, 2019
Keeping up with blockhain transactions
Sunday Mar 24, 2019
Sunday Mar 24, 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:
- Sponsors of the West Dammam sewage treatment plant in Saudi Arabia - Metito, Mowah and Orascom - are sounding out banks over the coming months for $180 million of project debt to fund the scheme
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Macarthur Minerals has entered into a binding Life-of-Mine Off-Take Agreement with Glencore for sale of iron ore to be produced from the Lake Giles Iron Project at Lake Giles in the Yilgarn region of Western Australia
- UniCredit has completed its first Italian transaction via blockchain-based trading platform we.trade
- India's JSW Steel has raised $700 million via a landmark cash-for-metal pre-payment deal with Swiss-based trader Duferco International
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Mar 21, 2019
Bapco, BRICS bank and Cocobod
Thursday Mar 21, 2019
Thursday Mar 21, 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:
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State-run Bahrain Petroleum Company (Bapco) has reach full financial close today (March 21) on a $3.8 billion ECA-backed loan to finance the expansion of the Sitra oil refinery.
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BRICS bank will lend up to $780 million to South Africa's Eskom
- Ghana’s Cocobod has signed a $300 million three-year loan with several international lenders to refinance central bank-raised cocoa bills and finance production enhancement programs.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Mar 20, 2019
ECA-DFI cooperation drives African projects
Wednesday Mar 20, 2019
Wednesday Mar 20, 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:
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Poly-GCL Petroleum, is looking to raise a blend of commercial bank and ECA/DFI-backed debt to finance construction of the $312 million 767km Ethiopia-Djibouti natural gas pipeline
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Brazil's state-controlled oil company Petrobras has named Andrea Marques de Almeida, an engineer and former executive at mining company Vale SA, as its new chief financial officer
- SocGen has launched SWIFT gpi in nine new countries
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Mar 18, 2019
DFIs drive post-conflict zone development
Monday Mar 18, 2019
Monday Mar 18, 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:
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First State Investments is expected to refinance the outstanding debt packages stapled to its 863MW Finerge wind farm portfolio and the 171.6MW Ancora wind farm portfolio in Iberia by the end of the month.
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The EIB has signed an $18m loan to finance rooftop PV project for schools in Palestine
- The Competition Tribunal has approved the merger between Glencore South Africa Oil Investment and the local division of Chevron, Glencore SA, will acquire 75% of the issued share capital of Chevron from OTS, a broad-based black economic empowerment consortium
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Friday Mar 15, 2019
Offshore bids, market moves and SME support
Friday Mar 15, 2019
Friday Mar 15, 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:
- Bids for the 500MW Dunkirk offshore wind tender are due today (15 March).
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Adrian Newell has joined Rabobank as senior council and will be based in London. Newell will be working as part of the trade and commodity finance team.
- The EBRD and EU have launched an SME credit line in Ukraine
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Mar 14, 2019
When SCF programmes switch owners
Thursday Mar 14, 2019
Thursday Mar 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:
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The proposed move of GE Capital’s SCF programme to MUFG raises many questions. How does 'porting' SCF from one provider work (or not), and what makes a corporate choose a bank over a non-bank provider (or otherwise)? What happens to the long tail? TXF spoke to banks and platform providers to gauge their views.
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Trafigura has signed a $2.05bn multi-currency RCF
- Ontario has launched a C$30bn 10-year infra programme
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Mar 13, 2019
Sirius Minerals seeks alternative finance
Wednesday Mar 13, 2019
Wednesday Mar 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:
- Crowell & Moring has boosted its international trade practice
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Sirius Minerals is considering an alternative financing proposal for the UK potash mine
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GasLog Partners, which owns, operates and acquires liquefied natural gas carriers, has closed a credit facility for up to $450 million with a tenor of five years.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Mar 12, 2019
ECAs, traders and SMEs
Tuesday Mar 12, 2019
Tuesday Mar 12, 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:
- Dutch SME lender Finturi raises €2m of funding from NetSam Participaties
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Turk Eximbank has inked a $350m loan with China’s ICBC
- Russian aluminium producer Rusal has posted a fourth-quarter net loss but reiterated its positive industry outlook following the lifting of US sanctions on the company in January
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
Monday Mar 11, 2019
More sustainability-linked fundraising emerges
Monday Mar 11, 2019
Monday Mar 11, 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:
- Indian renewables IPP ReNew Power has raised $375 million from its green bond issue
- Duke Energy Progress has completed the issuance of $600 million in green bonds
- ECOM Agroindustrial Asia is expected to sign a $600 million revolving credit facility (RCF) in early April
- Microsoft is to buy global cross-border money transfer company Transfast, which works with both P2P and B2B payments
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.