TXF: Indepth

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.
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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.

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.

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.

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

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

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 Indian government’s export credit provider - Export Credit Guarantee Corporation (ECGC) - has introduced a new enhanced insurance scheme to cover up to 90% of export credit risk for small exporters under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment scheme
The world's largest energy traders, independents and majors, are poised to post record earnings for the first six months of the year due to volatility in markets caused by the Ukraine war and despite LNG supply problems, sources with the companies said
Thiess looks like gaining further market share in the key hard-rock mining market of Western Australia after having a bid accepted for fellow mining contractor MACA
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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 UK has signed its first state-level trade and economic development MoU with Indiana in the US
The National Bank for Financing Infrastructure and Development, one of the key initiatives of the Indian government to fund long-term infrastructure projects, is set to commence operations in the second quarter of this fiscal year.
Australia's Grow Finance has appointed David Keeling to the newly created position of senior partner within the structured finance and payments division.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.