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.

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