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...
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...
Akbank has signed a $1.36 billion syndicated loan, which sees 35 international banks providing funds to the Turkish institution.
Jonathan Bell talks with Paul Cohen Dumani, general manager of MIT, about the company’s highly successful commodity finance collateral management software system for...
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...
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...
Agricultural producer and trading company Bunge is in the market with a three year, $1.75 billion revolving credit facility (RCF).
UK-headquartered specialist agricultural trader and broker ED&F Man has launched its annual revolving credit facility (RCF) into general syndication.
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...
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...
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...
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...
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...
Russkaya Mednaya Kompaniya (Russia Copper Company – RCC) has successfully closed its $250 million pre-export finance (PXF) facility. The facility is a five-year,...
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...
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...
Full details of the Chilean Antucoya copper mine financing have been revealed with commercial banks declaring their takes in the $650 million project financing.
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...
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...
Energy trading company Vitol has attracted strong interest from international banks resulting in the signing of its $7 billion revolving credit facility (RCF). These...
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...