In depth
22 April 2024

Keynote: Eksfin’s CEO on the answers blowing in the wind

How do you have a thriving offshore wind export business when you don’t, technically, have an offshore wind industry? Norway’s exporters are finding the answer, and of Norway’s green exports, offshore wind is by far the largest supported by Eksfin. Tone Lunde Bakker, CEO of Eksfin discusses how the... More

News
29 April 2024

Turkey in talks with ExxonMobil to secure LNG deal

Turkey is in talks with ExxonMobil to secure a long-term LNG deal worth billions of dollars, aiming to diversify its energy sources, Turkish Energy Minister Alparslan Bayraktar said. The potential agreement could provide up to 2.5 million tonnes of LNG annually for ten years.Russia is currently... More

News
29 April 2024

Silvercorp ventures into Ecuador with $200m Adventus deal

Silvercorp Metals and Adventus Mining have announced a definitive arrangement agreement for Silvercorp to acquire all outstanding common shares of Adventus.Each Adventus shareholder will receive 0.1015 of one Silvercorp share, marking a premium of 31% based on the 20-day volume-weighted average... More

In depth
19 April 2024

Is ECA debt now part of the trader funding furniture?

Since the first announcement of a partnership between Euler Hermes and Trafigura in 2022, European ECAs have built steady relationships with commodity traders. Today, as supply chain dislocation fades and funding demands ease, what role does the ECA-trader deal still have to play? More

News
29 April 2024

Conterra closes on a US fibre financing first

Conterra Networks – which is owned by affiliates of APG Group and Fiera Infrastructure – has raised $580 million of debt to refinance existing credit facilities, optimise its capital structure and provide funding for expansion. According to Conterra, the deal’s structure – a... More

News
26 April 2024

Posco Argentina signs ECA-backed $668m loan for Sal de Oro project

Posco Argentina has signed a $668 million ECA-backed financing to fund the construction and development of the second phase of the Sal de Oro project. A first disbursementr of $42 million was made on April 25.The loan from BNP Paribas New York branch, Seoul branch, and Singapore branch; alongside... More

News
26 April 2024

JBIC finances Arqueros copper mine in Chile

JBIC has concluded a $248 million loan agreement with CMAQ, a subsidiary of Nippon Steel Mining, and Fondo de Inversion Privado Talcuna for the development of Arqueros copper mine project in Chile. The loan, co-financed with Mizuho, SMBC, and MUFG, totals $355 million.Against the backdrop of... More

Data and research

Category A projects

ECA Date Country Company
Atlantic Cocoa Corporation 04/08/2024 Undisclosed Country SERV - Swiss Export Risk Insurance
QGMI, Luau Cazombo-Lumbala Road Project, Angola 02/08/2024 Angola SERV - Swiss Export Risk Insurance
SunAfrica Photovoltaic Solar Power Mini-Grids and Water Supply Project 25/04/2024 Cuba US EXIM BANK - Export-Import Bank of the United States
Manufacturing of plastic products 23/04/2024 China NEXI - Nippon Export Investment Insurance
Sales of carbon products 23/04/2024 China NEXI - Nippon Export Investment Insurance
Data and research
29 April 2024

Sustainability in export finance data report 203

TXF’s 2023 sustainability in export finance report is now available! Despite progress towards carbon neutrality, sustainable transactions...

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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
26 April 2024

Maalexi signs deal with ECI to help agri-trade SMEs

Maalexi, a UAE-based dynamic risk management platform for SME agri-businesses, has signed a credit insurance agreement with Etihad Credit Insurance.Maalexi will leverage ECI’s suite of trade credit solutions and services to increase the competitiveness of regional SME businesses involved in... More

News
26 April 2024

MPCC finalises $55m Sinosure-covered loan

MPC Container Ships (MPCC) has finalised a $55 million 12-year pre and post-delivery ECA-covered financing agreement with Deutsche Bank and Sinosure for its two dual-fuel methanol newbuildings.Scheduled for delivery towards the end of 2024, the vessels are backed by 15-year time charter agreements... More

Data and research

Deal maturity report

Deal name Structure Maturity Date Volume in $m
Uralkali - PXF Pre-Export Finance 31/05/2024 725
Uralkali - PXF Pre-Export Finance 31/05/2024 724
Saudi Aramco - Sukuk Loan Islamic finance 07/06/2024 1,000
Ameropa AG - BBL Borrowing base lending 11/06/2024 406
SOCAR - Vanilla Loan Term Loan 14/06/2024 427
News
26 April 2024

JBIC finances acquisition of Simon Transport by Senko Group

JBIC has signed a loan agreement with Senko Group, which will used for the acquisition of Simon Transport in Australia. The loan is co-financed with SMBC.Through the acquisition of shares in Simon National Carriers, the Senko Group aims to expand its business by leveraging Simon's heavy cargo... More

News
26 April 2024

REC secures $390m ECA-backed loan for green projects

Renewable Energy Corporation has secured a green loan worth JPY60.5 billion ($390.2 million) to finance green projects in India. The loan was provided by MLAs Credit Agricole CIB, Bank of America, Citi, KfW IPEX-Bank, and SMBC, with 80% cover from SACE under the Italian ECA's Push... More