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Perspective
24 March 2014

Stemcor boosted by new credit facility

Stemcor has secured a $1.15 billion syndicated loan from five lenders in what could be a major boost for the British steel trader. The facility follows a high court...

Perspective
21 March 2014

Akbank signs syndicated loan for trade

Akbank has signed a $1.36 billion syndicated loan, which sees 35 international banks providing funds to the Turkish institution.

Perspective
17 March 2014

Jonathan Bell talks to MIT's Paul Cohen Dumani

Jonathan Bell talks with Paul Cohen Dumani, general manager of MIT, about the company’s highly successful commodity finance collateral management software system for...

Perspective
17 March 2014

JB's weekly round-up - 17 March 2014

We are delighted to announce the results of our “Perfect 10” – the 2013 Deals of the Year. We received in excess of 150 submissions and so whittling so many fantastic...

Perspective
03 March 2014

Seaborn Networks mandates Natixis for Seabras-1 financing

Seaborn Networks (Seaborn) has mandated French bank Natixis to arrange the financing for Seaborn’s new submarine cable project, known as Seabras-1, linking commercial and...

Perspective
24 February 2014

Bunge revolver in syndication

Agricultural producer and trading company Bunge is in the market with a three year, $1.75 billion revolving credit facility (RCF).

Perspective
20 February 2014

ED&F Man launches RCF into syndication

UK-headquartered specialist agricultural trader and broker ED&F Man has launched its annual revolving credit facility (RCF) into general syndication.

Perspective
14 February 2014

Lundin Petroleum signs largest European RBL yet

Swedish-headquartered upstream oil firm Lundin Petroleum has signed a $4 billion reserve-based lending (RBL) facility. The new Lundin RBL is believed to be the largest...

Perspective
29 January 2014

Suek signs syndicated PXF facility

Russian coal mining company Siberian Coal Energy (Suek) has secured a five-year, $1.5 billion syndicated pre-export finance (PXF) facility. The deal was signed on 28...

Perspective
24 December 2013

VEB and Natixis fund Sukhoi Superjet exports to Mexico

Russia’s Vnesheconombank (VEB) and Natixis of France have led a consortium of international banks in the signing of a credit agreement on extending syndicated loans to...

Perspective
16 December 2013

JB's weekly round-up - 16 December 2013

Over the past couple of months, TXF has been beavering away along with our friends at Silversun Media to create a library of free, high quality video content for our...

Perspective
09 December 2013

Gunvor signs oversubscribed RCF

Gunvor Group has signed a $1.515 billion revolving credit facility (RCF) for joint borrowers Gunvor International BV and Gunvor SA in a syndication which saw heavy...

Perspective
09 December 2013

Russian Copper Company successfully closes PXF

Russkaya Mednaya Kompaniya (Russia Copper Company – RCC) has successfully closed its $250 million pre-export finance (PXF) facility. The facility is a five-year,...

Perspective
06 December 2013

Mechel arranges covenant holidays with lenders

Russian mining and metals company, Mechel, has agreed terms for covenant holidays with a group of international lenders and separately in relation to bilateral credit...

Perspective
02 December 2013

Natixis expands presence in Asia-Pacific with new hires

French bank Natixis is expanding its presence in Asia-Pacific with two new hires for its regional banking platform within trade and treasury. Yuri Lin has been appointed...

Perspective
25 November 2013

Chilean Antucoya copper mine financing revealed

Full details of the Chilean Antucoya copper mine financing have been revealed with commercial banks declaring their takes in the $650 million project financing.

Perspective
22 November 2013

Rio Tinto signs refinancing facilities

Rio Tinto, the world’s second largest mining company has signed new loan facilities amounting to $7.5 billion to refinance its existing bank debt. The new loan...

Perspective
24 October 2013

Gunvor launches latest RCF

Energy trading company Gunvor Group has launched its latest syndicated loan – a $1.2 billion revolving credit facility (RCF). The loan is in favour of Gunvor...

Perspective
17 October 2013

Vitol attracts strong interest for latest RCF

Energy trading company Vitol has attracted strong interest from international banks resulting in the signing of its $7 billion revolving credit facility (RCF). These...

Perspective
07 October 2013

JB's weekly round-up - 7 October 2013

There appears to be plenty of personnel movements in the trade finance sector at the present time – some of these we are able to write about, while others are, shall we...