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ATB arranges first Philippines PXF
14 December 2011
Amsterdam Trade Bank has successfully syndicated a $40 million pre-export financing with PhilExim for PGMC’s mining equipment upgrade.
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export credit agency
PhilExim
Amsterdam Trade Bank
PGMC
Philippines
pre-export financing
Surigao
Amsterdam Trade Bank (ATB) has arranged a four-year, $40 million pre-export finance (PXF) facility for Platinum Group Metals Corporation (PGMC), its first deal in the Philippines.ATB, a fully owned subsidiary of Russia’s Alfa-Bank, signed the loan documentation in November and then syndicated $5 million down...
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