In depth
07 May 2024

Exclusive profile: Queen Creole? EBRD's new head of trade facilitation on digitalisation and sustainability

In her first interview since her appointment on 7 May, Shona Tatchell, the new head of trade and supply chain finance, European Bank for Reconstruction & Development (EBRD) Trade Facilitation Programme (TFP), discusses her unusual journey to the role, and how she is well placed to help champion... More

News
09 May 2024

UK awards funding to uranium enrichment project

The UK Government has announced £196 million ($245 million) of funding to support construction of Urenco’s advanced fuels facility at its Capenhurst enrichment site.Funding through the Department of Energy Security and Net Zero’s High Assay Low Enriched Uranium (HALEU) Programme... More

News
09 May 2024

JBIC finances SoftBank's acquisition of Cubic Telecom

SoftBank has signed a JPY38 billion ($244.5 million) loan agreement with JBIC. The deal will be co-financed by Mizuho, SMBC, MUFG, and Sumitomo Mitsui Trust Bank, with a total co-financing amount of JPY76 billion yen ($489 million).The funds will be used by SoftBank to acquire Cubic Telecom, a... More

In depth
03 May 2024

An eerie calm? The view from Commodity Trading Week 2024

The return of Commodity Trading Week marks a period of sustained calm in the commodities markets – at least in contrast with the volatility of recent years. But how long will this last, and what can the industry do to manage risk going forwards? More

News
09 May 2024

Trafigura Securitisation Finance raises $500m

Trafigura Securitisation Finance has priced a new series of notes (TSF 2024-1) on the 144A/RegS Asset-Backed Securities market.A total of $500 million of public notes (three-year tenor) were placed with US investors, including $125 million floating rate Class A1 notes at SOFR +140bps, $340 million... More

News
09 May 2024

Eksfin, DNB invest in Hydrovolt

Hydrovolt has received a new investment of NOK63 million ($5.7 million) from DNB and Eksfin. The company will use the funds o expand its capacity for recycling electric car and industrial batteries. The funding will fuel Hydrovolt's mission to promote a circular economy, address the uncertain... More

News
09 May 2024

Itochu in talks to buy LNG from Ksi Lisims project

Japanese trading house Itochu is in talks for a long-term contract to buy LNG from the proposed Ksi Lisims project on Canada’s northwest coast, part of a wider push by Asian importers to secure fuel.The deal, which could span decades, would be the second for the project, according to people... More

Data and research

Deals in consideration by ECAs

ECA Date Country Company
Atlantic Cocoa Corporation, Côte d’Ivoire 04/08/2024 Cote D'Ivoire (Ivory Coast) SERV - Swiss Export Risk Insurance
QGMI, Luau Cazombo-Lumbala Road Project, Angola 02/08/2024 Angola SERV - Swiss Export Risk Insurance
Manufacturing of plastic products, Guangdong, China 23/04/2024 China NEXI - Nippon Export Investment Insurance
Sales of carbon products, Shandong, China 23/04/2024 China NEXI - Nippon Export Investment Insurance
Manufacturing & sales of cigarettes, Taiwan 16/04/2024 Taiwan NEXI - Nippon Export Investment Insurance
Data and research
18 March 2024

TXF commodity finance full year data report 2023

Get your copy of TXF's 2023 commodity finance full year data report here! 2023 witnessed a shift in dynamics as the industry adapted to...

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Event
May 22 - May 23, 2024

TXF Amsterdam 2024: Global Natural Resources & Commodities Finance

Anantara Grand Hotel Krasnapolsky Amsterdam, Netherlands

Amsterdam, Netherlands

Unveil Amsterdam's allure! Elevate your pipeline with top dealmakers. An Industry Awards dinner adds glamour to this unmissable adventure.

Full details
Event Session
06 March 2024
News
09 May 2024

ANZ restricts funding for oil and gas extraction

Australia's ANZ has declared that it will no longer extend financing to new or expanded upstream oil and gas projects unless there is a national emergency and if its assistance was directly sought.The policy was revealed in the group's half-year results where ANZ also issued a warning to its... More

News
09 May 2024

Angola to close ECA-backed road project this year

Angola's Ministry of Transport is expected to close on a $100 million Euler Hermes-backed loan to fund the construction of railway track road overpasses in Luanda this year.The total project cost is estimated at $150 million. The scheme involves the construction of nine rail overpasses at five... More

Data and research

Deal maturity report

Deal name Structure Maturity Date Volume in $m
Ameropa AG - BBL Borrowing base lending 11/06/2024 406
SOCAR - Vanilla Loan Term Loan 14/06/2024 427
PT Medco E&P Malaka - Senior Secured Reserve Based Loan Reserve-based lending 14/06/2024 360
Travi e Profilati di Pallanzeno - BBF Borrowing base lending 14/06/2024 170
Texon Distributing - RCF Revolving credit facility 14/06/2024 15
News
09 May 2024

Equinor acquires 45% stake in two lithium project companies

Equinor has entered into a partnership with Standard Lithium to acquire a 45% share in two lithium project companies based in Southwest Arkansas and East Texas.Equinor will compensate Standard Lithium for past costs totalling $30 million, deducting it from the acquired interest. Furthermore, Equinor... More

News
09 May 2024

DFC, EBID support reliable energy project in Sierra Leone

DFC has agreed up to $412 million in financing and political risk insurance in support of Sierra Leone's plans to address rolling blackouts and expand its power system through renewable energy solutions in the future.DFC approved a new loan of up to $292 million to the Freetown-based Western... More