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14 April 2014

US Ex-Im signs financing agreement with PTA Bank

The Export-Import Bank of the United States (US Ex-Im) has signed a $100 million financing agreement with the Eastern and Southern African Trade and Development Bank (PTA...

14 April 2014

Glencore Xstrata sells Peru copper mine to Chinese consortium

Glencore Xstrata, one of the world’s largest global diversified natural resource companies, has struck an agreement with a Chinese consortium to sell its entire interest...

14 April 2014

WTO forecasts modest growth in global trade for 2014

The World Trade Organisation (WTO) has forecast that global trade will grow at a modest rate of 4.7% in 2014, and at a slightly faster rate of 5.3% in 2015.

14 April 2014

MRI Trading mandates ABN and ING for syndicated loan

Swiss-headquartered commodity trader MRI Trading has mandated ABN AMRO Bank and ING Bank to arrange syndicated loan facilities totaling $110 million for the group.

14 April 2014

International Bank of Azerbaijan signs oversubscribed trade loan

International Bank of Azerbaijan (IBA) has signed a dual currency syndicated term loan facility amounting to $160 million with a group of international banks.

14 April 2014

US Ex-Im promotes Annette Maresh to VP trade finance

Annette Maresh has been promoted to vice president for trade finance, a position she has already been filling, at the Export-Import Bank of the United States (US Ex-Im)....

14 April 2014

Dentons extends presence in Africa

Global law firm Dentons is extending its presence in Africa with a new office in Cape Town and plans to open further offices in Johannesburg and Francophone Africa later...

14 April 2014

AfDB partners with Shelter Afrique to support housing projects

The African Development Bank (AfDB) is providing Shelter Afrique (Shaf), a pan-African financing institution for affordable housing, with a $20 million trade finance loan...

14 April 2014

Deutsche Bank: Banking innovation for sustainable supply chains

How financial institutions can partner with consumer goods companies to help reduce deforestation

14 April 2014

Economic renaissance in sub-Saharan Africa: harnessing its trade potential

Florian Witt, head of Africa at Commerzbank, explains what corporates can do to mitigate their exposure to risks in the region and capitalise on Africa’s potential.

14 April 2014

Banks arrange financing for Star Cruises latest vessel

KfW IPEX-Bank, Crédit Agricole CIB and the Singapore branch of DNB Bank have arranged the financing for Hong Kong-Headquartered Star Cruises latest newbuild cruise ship....

11 April 2014

Banks arrange ECA-backed finance for Höegh LNG

Norwegian-owned, Bermuda-based shipping company Höegh LNG has secured export credit agency (ECA) backed funding amounting to $309 million to finance its latest floating...

11 April 2014

TXF Webinars: commodity traders concerned over regulation and finance

Hear commodity traders' views on finance and regulation, courtesy of Doug Ziurys of FImetrix

10 April 2014

Norilsk signs unsecured loans with UniCredit and Raiffeisenbank

Russia’s Norilsk Nickel, the largest global nickel and palladium producer, has signed two bilateral credit agreements with Russian branches of Western banks totaling $750...

10 April 2014

Senate confirms Felton second term as Ex-Im VP

The United States senate has voted to reappoint Wanda Felton as first vice president and vice chair of the Export-Import Bank of the United States (US Ex-Im).

10 April 2014

MIGA makes senior appointments

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank group, has made two senior appointments,...

09 April 2014

Sberbank arranges RusHydro refinancing

Russian energy provider RusHydro Group has arranged a refinancing facility through Sberbank amounting to RUB2.776 billion ($77.3 million).

09 April 2014

VimpelCom secures RCF and term loan

Russian telecom company VimpelCom has closed its latest revolving credit facility (RCF) with 11 international banks and a term loan facility with Alfa-Bank. The combined...

09 April 2014

EBRD steps up investment in Ukraine

The European Bank for Reconstruction and Development (EBRD), the largest financial investor in Ukraine, has approved financing for two projects in the crisis-hit country...

09 April 2014

Enel signs long-term LNG supply contracts with Cheniere Energy

Italy’s Enel Group has signed two long-term liquefied natural gas (LNG) supply contracts with Cheniere Energy of the US, with gas sourced from shale gas fields, for a...