02 March 2011
Defying the market
Siberian Coal Energy Company’s (SUEK) pre-export financing (PXF) is a good example of how stable structured commodity financings can be even during difficult challenging business climates. The $900 million PXF done for the major Russian coal producer was not only one of the few new transactions in the metals and mining sector in Russia since the crisis but the company defied the market to lock in record figures in commitments for its financing. The firm aptly demonstrated its ability to tap the medium-term debt market, securing a five-year loan thanks to its resilience to...
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04 Jun 12 - 05 Jun 12 | The St. Regis, Washington DC, Washington DC
14 Jun 12 - 15 Jun 12 | President Wilson Hotel, Geneva
04 Jul 12 - 05 Jul 12 | Grand Hyatt, Singapore
The OECD consensus, which tries to maintain a level-playing field between the OECD country members, is not working today. The specific reason for that is the change of sovereign ratings in the eurozone.
A passport to export - April 2012