TXF: 20 Minutes With

ESG, Aid ’n’ Trade

On this episode we talk about ESG, the purpose of trade and the relationship with aid.
TXF's CEO, Dan Sheriff, is joined by:
Rebecca Harding, RebeccanomicsGabriel Buck, GKB VenturesChris Mitman, Investec and Acre Impact Capital

Saudi Aramco to build new refinery; US - Japan trade deal announced; the TXF perspective on Credit Suisse

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
Saudi Aramco has agreed a deal with Chinese partners to build a $12.2 billion oil refinery and petrochemical project in northeast China
The US and Japan have sealed a trade deal on electric vehicle battery minerals that will strengthen their battery supply chains and grant Japanese automakers wider access to US EV tax credits
TXF Intelligence takes a look at the data on Credit Suisse and UBS activity in export and commodity finance since 2018
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Mandates with destiny - Does export finance need a bigger bucket?

Where do ECA mandates these days start and finish, in a world where ECAs - since the financial crisis and COVID - have been asked to step up in more ways. How can you keep a rules-based approach, and where do ECAs stop and other institutions, such as development banks and other government departments start?
For this episode on ECA mandates, Dan Sheriff is joined by:
Rebecca Harding, Rebeccanomics
Gabriel Buck, GKB Ventures
Chris Mitman, Investec and Acre Impact Capital
 

Ain’t no way to delay that trouble coming every day - Export finance and geopolitics

Prior to the banking crisis, our guests discuss geopolitics - an issue that influences the very fabric of export finance. Geopolitics have a massive impact on what governments are up to, what business is able to do and ultimately, what export finance is able to do and how it can potentially either help certain situations.Guests: Rebecca Harding, RebeccanomicsGabriel Buck, GKB VenturesChris Mitman, Investec and Acre Impact Capital

Balikpapan refinery expansion financing to sign imminently; Lotte Group close to financing for Indonesia petchem project; INEOS’ Project One pulls in 20-plus lenders

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:
Indonesian energy firm Pertamina is expected to sign an ECA-backed debt package to finance the expansion of its Balikpapan refinery in Borneo Island this month
Lotte Group is expected to sign a $2.4 billion ECA-backed deal for a petrochemicals plant in Indonesia later this month
INEOS Olefins Belgium has closed on the partially ECA-backed debt facilities for its €4 billion Project One greenfield olefins complex in Antwerp.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

Binh Thuan wind nears signing on DFI-backed loan; Petron out to banks for attractively priced term loan: Supplier finance in plain sight: What do the new FASB disclosure rules mean for our industry?

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 88MW Binh Thuan onshore wind farm in Vietnam — Filipino power producer ACEN (65%) and Vietnam-based BIM Group (35%) — are expected to sign the financing backing the scheme by month-end
Philippine oil company Petron Corporation, the largest oil refining firm in the country, is testing bank appetite with a $550 million five-year term loan
There is going to be a major change in the world of supply chain finance (SCF) next year that will bring more transparency to SCF programmes. TXF’s Katharine Morton asks, what do the new FASB standards mean for corporate suppliers and buyers and for investors? 
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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

FPSO financings near close on Korean ECA support; Cocobod annual PXF pricing to increase; Lake Resources to close Kachi lithium project funding next year

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 financings backing the procurement of three FPSOs – with backing from K-SURE and Kexim – are targeted to reach financial close early next year
State-owned Ghana Cocoa Board (Cocobod) is in the market to refinance its annual Pre-Export Finance (PXF) facility in an otherwise muted Central and Eastern Europe Middle East and Africa (CEEMEA) syndicated loan market
Australia-based Lake Resources is expected to close a roughly $600-800 million ECA-backed limited-recourse debt package to finance the construction of its flagship Kachi lithium project in Argentina in Q3 2023. 
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.