Denmark launches sovereign guarantee fund for companies amid Covid-19 crisis; ABN Amro claims against oil trader Hin Leong Trading; Mechel sells stake Elga coal mine;
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:
ABN Amro Bank is the latest lender to make a claim against Singapore oil trading giant Hin Leong Trading
Russian steel and coal producer Mechel has sold its stake in the Elga coal mine to a local businessman to reduce debt
The Danish government is launching a sovereign guarantee fund of DKK30 billion ($4.4 billion) to ensure that companies have access to insuring their transactions with credit periods of up to 180 days during the coronavirus pandemic.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Create your
podcast in
minutes
It is Free