TXF Daily Podcast

In this three part series, Exile Group CEO Dan Sheriff speaks to Gaby Buck, Founder & Managing Director, GKB Ventures and Chris Leeds, Senior Consultant at UKEF, on the ghosts of export finance past, present, and future. In today's episode, our guests discuss what the export finance market looks like today, and how this could impact the industry's future.

In this three part series, Exile Group CEO Dan Sheriff speaks to Gaby Buck, Founder & Managing Director, GKB Ventures and Chris Leeds, Senior Consultant at UKEF, on the ghosts of export finance past, present, and future. In our first episode, guests reminisce about some of the exciting transactions they were part of in the 1990s, considering how yesterday's landscape encouraged more innovative deals.

In this week's round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market: Korea has unveiled a new package of trade finance support measures totalling USD$245 billion in an effort to boost export growth JBIC has backed an untied €800 million deal for 5G infrastructure in Germany US Exim has approved a $527 million financing for a combined cycle gas turbine plant in Guyana Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

In this week's round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market: UK Export Finance has confirmed its support for a £9 billion Poland defence exports deal Glencore has closed a $300 million credit facility with Saudi Exim EIFO and KUKE are backing healthcare facilities in Ivory Coast with a €171 million financing 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 Ralph Ivey covers the latest stories and trends across the market: Indonesia is set to sign a $1.1 billion SACE-backed loan for defence equipment Energy trader Vitol has closed almost $12 billion in financing across a pair of RCFs Sri Lanka has restructured around $4 billion in Chexim debt as part of its ongoing talks with bilateral and sovereign creditors Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

The TXF Global Commodity Finance and Sustainable Natural Resources event is set to kick off in Amsterdam on 22 May. In this special pre-event podcast, TXF reporter Ralph Ivey speaks to Hugo Brodie, Head of Product Development and Innovation at the London Metal Exchange, about sustainability in the metals business and maintaining an orderly market amid complex geopolitical tensions. 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 Ralph Ivey covers the latest stories and trends across the market: Ukraine has amended its ECA charter to include military risks as part of a push to re-establish its insurance products Louis Dreyfus Company and Olam Agri have each submitted offers to acquire Namoi cotton, the Australian cotton processor JBIC, NEXI and the EIB are supporting a €131 million package for a new geothermal power plant located in Germany 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 Ralph Ivey covers the latest stories and trends across the market: Kexim, K-Sure and JBIC have announced new deals to support critical mineral projects in Argentina and Chile while EDC has expressed interest in Australian rare earths Finnvera has closed a $1.5 billion deal that supports exports of Nokia's 5G technology for Reliance Jio in India The LME is set to impose new rules to limit profiteering from rent-sharing agreements after the US and the UK announced new sanctions on Russian metal 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 Ralph Ivey covers the latest stories and trends across the market: The EU has proposed an amendment to the OECD Arrangement that would effectively ban ECA financing for the fossil fuel value chain Trafigura has secured a $560 million financing with JBIC and SMBC that is linked to LNG imports for Japan SACE has released its annual numbers for 2023 after a year in which it led the way as the most active ECA in the market 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 Ralph Ivey covers the latest stories and trends across the market: JBIC has agreed a pair of buyer credit deals with the Mexican utilities company CFE related to two new combined cycle gas power plants Kexim has opened offices in Poland as it looks to build on Korea's emerging economic partnerships in eastern Europe Trafigura has pleaded guilty to US charges of bribery in Brazil and will pay $126 million in fines 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 Ralph Ivey covers the latest stories and trends across the market: A group of ECAs have provided direct lending services as part of a major $2.5 billion financing for expansion at Chile's Centinela copper mine Glencore is considering plans for its coal business as it finalises a deal to acquire assets from Teck Resources Norwegian ECA Eksfin has agreed a deal to provide €525 million to Orsted for the UK's Hornsea 3 offshore wind farm 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 Ralph Ivey covers the latest stories and trends across the market: Olam Food Ingredients has secured a $500 million samurai facility with the backing of the Italian ECA SACE Trafigura has closed a total of $5.6 billion through its annual European RCFs with a total of 54 financial institutions HSBC is leading the push to secure equity investment and debt facilities for the UK's Sizewell C nuclear plant with the support of UKEF 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 Ralph Ivey covers the latest stories and trends across the market: Four US banks have decided to quit the Equator Principles, an industry benchmark measuring the environmental impact of project finance Siemens Energy has agreed a €4 billion credit as part of its efforts to secure the future of its embattled wind turbine unit, Siemens Gamesa Gunvor has pleaded guilty to charges of bribery in the US after a long-running probe into its activities in Ecuador 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 Ralph Ivey covers the latest stories and trends across the market: A former Vitol oil trader has been found guilty of corruption by a New York court as part of a US Justice Department probe Serbia is in talks with UKEF for support as it considers plans to invest heavily in its energy sector Australia has published a new defence exports strategy in a bid to increase its share of the international military industry 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 Ralph Ivey covers the latest stories and trends across the market: Eutelsat is in discussions with ECAs in India, France and the UK over support for its second generation OneWeb satellites Sumitomo Heavy Industries is set to depart the shipbuilding business after more than 125 years of activity Polymetal has agreed a $3.69 billion deal to sell its Russian assets to a Siberian gold miner 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 Ralph Ivey covers the latest stories and trends across the market: Automotive Cells Company has secured a €4.4 billion ECA-backed deal to finance three new gigafactory facilities in Germany, Italy and France The Norwegian metals and renewables firm Norsk Hydro has signed a $1 billion multi-currency RCF Nick O'Kane, Macquarie Group's head of commodities and global markets, has departed after 28 years at the firm 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 Ralph Ivey covers the latest stories and trends across the market: US Exim is set to approve a financing package of more than $100 million for new oil wells in Bahrain Zambia has announced plans to trade its own copper in an effort to secure greater value from its mineral wealth Bunge has announced record fourth quarter profits but has also warned that margins will tighten over 2024 Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

The biggest market movers and new appointments in export finance, project finance, commodity finance and trade finance with TXF reporter Ralph Ivey. 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 Ralph Ivey covers the latest stories and trends across the market: The Korean government will look to pass amendments that will expand Kexim's lending capacity in an extraordinary National Assembly session this month Kexim and K-Sure have agreed to provide $400 million each towards the expansion of Hyundai Engineering's Olefins petchem plant IXM has announced that it will step back from the aluminium trade in the wake of sanctions on Russian metal and sluggish demand 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 Ralph Ivey covers the latest stories and trends across the market: H2 Green Steel has signed a €4.2 billion project financing deal for the world's first large scale green steel plant in Sweden Archer Daniels Midland has placed its CFO on leave pending an investigation into irregular accounting practices in its nutrition segment The Korean government is considering an $11 billion investment into Kexim to boost its capacity and propel defence exports 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 Ralph Ivey covers the latest stories and trends across the market: Northvolt has secured a $5 billion financing package that will support upgrades and expansion at its Skelleftea plant in Sweden Jordan Petroleum Refinery Company is seeking ECA support for planned upgrades at its sole oil refinery Albemarle has announced plans to defer spending on a number of projects and cut staff numbers in response to sluggish lithium prices 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 Ralph Ivey covers the latest stories and trends across the market: Northvolt has secured €902 million in support from the German government for a new battery production plant in the city of Heide A new joint venture between Sonatrach and Ronesans is looking for €1 billion in financing to support a new petrochemicals facility The metals trader Gerald Group has closed its annual revolving credit facility at $185 million Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

The biggest market movers and new appointments in export finance, project finance, commodity finance and trade finance with TXF reporter Ralph Ivey. 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 Ralph Ivey covers the latest stories and trends across the market: Turkish Airlines has closed two ECA-backed loans for the procurement of aircraft with the support of US Exim and Euler Hermes Pattern Energy has secured an $11 billion project financing for the SunZia transmission and wind projects Horizonte Minerals has reached an interim funding deal for its Araguaia nickel project 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 Ralph Ivey covers the latest stories and trends across the market: Eight ECAs have announced a new net-zero alliance on the sidelines of COP28 Kexim has issued support for Eneti's latest loan package, a $436 million loan that will finance wind turbine installation vessels Lukoil is exploring a potential sale of its refinery assets in Bulgaria as the country looks to end its dependence on Russian fuel imports 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 Ralph Ivey covers the latest stories and trends across the market: Financial close on a $7 billion deal for Qatar's Ras Laffan has been achieved with the support of ECAs including SACE and Kexim Mercuria has secured a $3 billion one-year borrowing base facility in North America Dito Telecommunity has agreed a $3.9 billion ECA-backed debt package with a syndicate of lenders for its work in the Philippines 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 Ralph Ivey covers the latest stories and trends across the market: Lake Resources, Nouveau Monde Graphite and Voyager Metals are in talks with ECAs for financing packages that will reach close over the coming months Cocobod is in the final stages of securing an $800 million syndicated loan  US Exim has approved a $169 million direct loan for BETA Technologies 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 Ralph Ivey covers the latest stories and trends across the market: Siemens Energy has secured €7.5 billion in guarantees from the German government with its order book under scrutiny Tullow Oil has agreed a $400 million on-lending facility with Glencore that will support refinancing for its senior notes BGN International has approached ECAs for a financing package that could reach close in early 2024 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 Ralph Ivey covers the latest stories and trends across the market: Ghana's Cocobod is yet to achieve close on its annual PXF as a result of uncertainty surrounding the country's debt restructuring talks Stellantis will close a €3 billion ECA-backed loan for a new gigafactory in northern France by year-end Gunvor US has closed a $1.6 billion borrowing base facility 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 Ralph Ivey covers the latest stories and trends across the market: The US offshore wind market has been hit by the news that both Equinor and Orsted will halt development at a number of US projects More than 250 civil society groups have urged the OECD to end export finance support for all fossil fuel projects Bunge has signed an MoU with Bangkok Produce Merchandising to develop a blockchain solution for soy traceability in Brazil 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 Ralph Ivey covers the latest stories and trends across the market: Kexim has revealed that talks for a second round of defence exports to Poland could be worth up to $22 billion Trafigura has secured $2.7 billion-equivalent in loans from the Asia markets Export Finance Australia will support Vulcan Energy's zero-carbon lithium project in the Upper Rhine Valley 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 Ralph Ivey covers the latest stories and trends across the market: Sponsors of the Formosa 3 wind project in Taiwan have sounded out lenders to back the scheme Liontown Resources has received support from export credit agencies after the collapse of Albemarle's takeover bid Louis Dreyfus Company has upsized one of its RCFs to $700 million 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 Ralph Ivey covers the latest stories and trends across the market: Trafigura has secured a pair of revolving credit facilities totalling $400 million with support from US Exim Northland Power has reached financial close on a deal for its 1GW Hai Long offshore wind project in Taiwan US Exim is considering a proposal to support the development of the lithium iron phosphate battery industry in Canada 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 Ralph Ivey covers the latest stories and trends across the market: Cerrado Gold has approached banks for ECA-backed financing in relation to three new mine projects in Brazil, Canada and Portugal H2 Green Steel has raised €1.5 billion in equity funds to support the construction of its new facility in Boden, Sweden Aurubis claims that it has uncovered a large fraud operation around its central copper recycling plant in Hamburg 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 Ralph Ivey covers the latest stories and trends across the market: Taiwan's Yunlin offshore wind farm has secured extended financing with ECA support that will prevent the collapse of the project ACWA Power has reached financial close on a deal for the Kom Ombo solar PV plant in Egypt Glencore is facing legal action from asset managers alleging that the trader lied in its share prospectuses  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 Ralph Ivey covers the latest stories and trends across the market: The voluntary carbon markets have faced fresh accusations that their offsets are effectively worthless as traders count the cost of stranded credits Northvolt has raised $1.2 billion in financing as it plans for expansion into North America Polymetal will sell its silver and gold assets in Russia over the coming months as it turns its focus towards Kazakhstan 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 Ralph Ivey covers the latest stories and trends across the market: JICA has provided a 203 billion yen deal to support the government of Iraq's efforts to upgrade the Basrah refinery ADEX has signed a $500 million deal with Al Dahra to deliver wheat exports to Egypt Critical minerals investment firm TechMet has raised $200 million in its latest equity funding round from sources including Mercuria Energy and the DFC 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 Ralph Ivey covers the latest stories and trends across the market: The EIB commits $40 million to Acre Impact Capital's new Export Finance Fund, which will invest in the commercial portions on ECA transactions Whitehaven Coal fails to secure refinancing for its RCF as banks withdraw from the thermal coal industry Bpifrance to launch a new guarantee scheme promoting corporate power purchase agreements for the renewables sector 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 Ralph Ivey covers the latest stories and trends across the market: The OECD has introduced a new methodology for the calculation of its CIRRs, the minimum interest rates on fixed-rate export finance The Electronic Trade Documents Act will soon receive Royal Assent in the UK UKEF has revealed the details of a financing agreement with Premier League football club Wolverhampton Wanderers 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 Ralph Ivey covers the latest stories and trends across the market: UKEF has announced a £26 million deal to support the reconstruction of six bridges in Kyiv as part of the Ukraine Recovery Conference Eni has agreed a deal valued at $4.9 billion to purchase Neptune Energy Group and its associated oil & gas projects Export Development Canada has issued a Letter of Interest to Arafura Rare Earths for its NdPr Nolans project 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 Ralph Ivey covers the latest stories and trends across the market: Bunge and Glencore-backed Viterra conclude merger deal creating a $34 billion agri-giant Eksfin agrees €200 million deal to support carbon capture facilities at Orsted's Danish projects EU and Argentina sign framework agreement to boost cooperation on lithium research and climate-friendly infrastructure 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 Ralph Ivey covers the latest stories and trends across the market: UKEF has come under fire from environmental groups who say that the ECA's green guarantees facilitate greenwashing Glencore has concluded a $1.1 billion sale agreement with Metals Acquisition Corp for the Cobar copper mine NioCorp has formally applied to US Exim for support as it continues development on the polymetallic Elk Creek mine 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 Ralph Ivey covers the latest stories and trends across the market: US Exim agrees a $900 million direct loan for photovoltaic solar plants in Angola The UN is developing a platform with Afreximbank to process deliveries of Russian agricultural products to Africa Glencore to invest $1.5 billion in upgrades for its Peruvian Antapaccay mine Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

The TXF Global Commodity Finance and Sustainable Natural Resources event is set to kick off in Amsterdam on 23 May. In a special pre-event podcast, TXF reporter Ralph Ivey speaks to Kona Haque, Head of Research at ED&F Man, about volatile trading conditions and the changing face of production in the soft commodities markets.

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: Further details emerge on Scotland's £2 billion Moray West offshore wind farm, including details of ECA support BNP Paribas announces plans to end financing for new oil & gas field developments ahead of its annual shareholder meeting Sponsors of Kazakhstan's 100MW Shokpar wind project approach development finance institutions to fund the scheme 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 Ralph Ivey covers the latest stories and trends across the market: Newcrest Mining is set to accept a $19.5 billion takeover proposal from Newmont Euler Hermes offers support for Angola's Caculo-Cabaca hydro-electric facility Pertamina approaches financial close for $3 billion Balikpapan refinery deal despite rumours that US Exim will withdraw support 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 Ralph Ivey covers the latest stories and trends across the market: The Port Arthur LNG project finalises the bank syndication for its first phase STX secures €150 million borrowing base with environmental commodities as collateral US Exim and DFC mull $4 billion package for small modular reactors in Poland 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: 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.