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
02 May 2024

Glencore takes 15.4% Stillwater Critical Minerals stake

Glencore has increased its stake in Stillwater Critical Minerals to 15.4% for a total investment of C$7.1 million (about $5.2 million) in less than a year.Glencore now owns 15.4% of the Montana platinum group metals developer and its eponymous project next to Sibanye-Stillwater’s Stillwater... More

News
02 May 2024

JBIC helps fund Arqueros copper project to shore up supplies

JBIC agreed a 25-year loan of up to $248 million with Companía Minera Arqueros (CMAQ) to fund development of the Arqueros copper mine in the Coquimbo Region of Chile.The loan is co-financed with Mizuho, SMBC and MUFG, bringing the total amount to $355 million. Japan's Nittetsu Mining is... 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
02 May 2024

EBRD issues trade line to support West Bank and Gaza

EBRD is boosting Palestinian export and import activities by providing a $2 million trade finance line to the Arab Islamic Bank.The trade finance line, given under the EBRD’s Trade Facilitation Programme, will be used to issue guarantees in favour of confirming banks for pre-export and... More

News
02 May 2024

Western Norway to up sub-station and grid capacity

NIB has signed a ten-year loan with the Norwegian utility Eviny to co-finance an investment programme to increase sub-station and grid capacity in Western Norway.The NOK1.5 billion ($135 million) loan will help finance projects carried out in the areas of Kollsnes, Mongstad and Fensfjordsbassenget... More

News
02 May 2024

Olam ups offer for Namoi Cotton amid bidding war with LDC

Olam Agri Holdings upped its offer for Australia’s Namoi Cotton, topping a proposal from rival Louis Dreyfus Company and heating up a bidding war between two agricultural commodity giants.Olam Agri offered A$0.66 cash per share, valuing the producer at A$135.5 million ($88.4 million), subject... 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
02 May 2024

Trafigura orders 4 dual-fuel ammonia powered vessels

Trafigura has signed a contract for four Medium Gas Carriers that will be capable of using low-carbon ammonia as a propulsion fuel when delivered. The vessels will be built at HD Hyundai Mipo Dockyard in Ulsan, South Korea.The vessels will carry LPG or ammonia and the first ship will be delivered in... More

News
02 May 2024

Croatia to provide €250m in energy efficiency loans

Croatia's HBOR and the ministry of regional development and EU funds will provide €250 million ($268 million) in loans to companies for energy efficiency projects.The programme offers favourable loans with the possibility of partial loan write-off based on energy-saving criteria to... More

Data and research

Deal maturity report

Deal name Structure Maturity Date Volume in $m
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
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
News
02 May 2024

Vale closes deal to sell 10% of base metals arm to Manara

Vale has concluded the sale of a 10% stake in Vale Base Metals to Manara Minerals for $2.5 billion (BRL12.99 billion). The transaction was completed after the green light from regulatory authorities.In July last year, the Brazilian miner entered two agreements to offload a 13% stake in VBM for a... More

News
02 May 2024

Zhaojin wins control of Tietto Minerals in $475m deal

China’s Zhaojin Capital has won control of Australia’s Tietto Minerals after a protracted six months takeover tussle that values the gold producer at A$733 million ($474.62 million).Zhaojin Capital, a unit of Hong Kong-listed Zhaojin Mining, now has 52.8% voting power, up from 42.5%... More