Montenegro receives commercial bank Covid-19 budget relief package; Kexim taps Australian bond market; and Uralkali signs $665m PXF

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:

• Montenegro has received a €250 million ($274 million) syndicated loan from commercial banks to cover budget expenditures related to the measures adopted to limit the adverse effect of the coronavirus crisis

• The state-run Export-Import Bank of Korea has sold A$700 million ($460 million) of bonds in Australia as part of efforts to diversify its funding sources

• Russian potash producer Uralkali has signed a $665 million pre-export finance facility with 11 international banks

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