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TXF Podcast

TXF Podcast

News:Business News

Metinvest taps ECA-backed debt for steel plant works, Yara signs $1.1bn multicurrency RCF, and ICC releases new Incoterms 2020 in September

Metinvest taps ECA-backed debt for steel plant works, Yara signs $1.1bn multicurrency RCF, and ICC releases new Incoterms 2020 in September

2019-07-17
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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:

  • Metinvest has closed a €34.4 million ($38.57 million) ECA-backed loan to finance the large-scale reconstruction of Illyich Steel's hot strip mill 1700 in Ukraine

  • Norwegian fertiliser producer Yara has signed a $1.1 billion five-year multicurrency revolving credit (RCF) with two one-year extensions

  • The International Chamber of Commerce (ICC) will release the new Incoterms 2020 in September

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

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