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19 March 2015
in
Metals and Mining

First Quantum gets banks’ agreement to amend covenant

Global mining company First Quantum Minerals has reached an agreement with its bankers to amend a covenant within its existing trade facilities. Making the...

19 March 2015
in
Transport

Star Bulk highlights four new financing arrangements

Athens-headquartered, New York-listed shipping line Star Bulk has just released its results for 2014 and also provides an update on more recent financing undertaken by...

16 March 2015

Trafigura names Christophe Salmon as new CFO – as of October 2015

Commodity trading company Trafigura Beheer has today announced that Christophe Salmon will become the company’s new chief financial officer (CFO) as of 1 October 2015.

09 March 2015

JinkoSolar signs strategic financing deal with China Minsheng

Shanghai-headquartered photovoltaic (PV) solar manufacturing company JinkoSolar Holding has entered into a strategic financing agreement with China Minsheng Banking...

25 February 2015

Trader interview series: Part 3. Mercuria moves from strength to strength

In the third interview of our commodity trader series, Mercuria Energy Trading CFO, Guillaume Vermersch, tells Helen Castell how its deal to buy JPMorgan’s physical...

23 February 2015

Citi appoints new head of trade MENA

Citi has appointed Yusuf Ali Khan as a managing director and new head of trade for the Middle East, North Africa, (MENA) plus the jurisdictions of Turkey and Pakistan.

18 February 2015

China’s nerves of steel

Why January’s drop in exports may not be such bad news | Chinese exports in January 2015 fell by 3.3% compared to a year earlier.

06 February 2015

US exports at record high

The United States exported a record $2.35 trillion of goods and services in 2014, according to data released by the US Department of Commerce.

04 February 2015

Glencore buys a 50% stake in ADM’s northern Brazil export terminal

Archer Daniels Midland (ADM) has reached an agreement to sell to Glencore a 50% stake in its export terminal in Barcarena, in the northern Brazilian state of Pará.

02 February 2015

Natixis announces closing of Seabras-1 financing

Seaborn Networks (Seaborn) and Natixis have announced the closing of the debt financing for Seabras-1, the new subsea fibre optic cable system between the commercial and...

02 February 2015

Standard Bank sells 60% of London-based operations to ICBC

Standard Bank Group has signed the closing documents with Industrial and Commercial Bank of China Limited (ICBC) to cement the completion of the disposal of a 60% stake...

30 January 2015

Trafigura hires new CFO for North America

Commodity trading company Trafigura has hired a new chief financial officer for its North American operations.

28 January 2015

RMB breaks into world’s top 5 payment currencies

China’s renminbi (RMB) has become the world’s fifth most-used currency, after overtaking both the Australian and Canadian dollars, in what may prove to be a prophetic...

26 January 2015

Trafigura launches European revolver

Commodity trading company Trafigura has launched syndication of its annual major European revolving credit facility (RCF). Eight international banks are acting as initial...

22 January 2015

Financing closes for Jordan’s Shams Ma’an solar project

The financing for the Shams Ma’an solar photovoltaic project in Jordan has closed with commercial banks combining with Japanese export credit agencies to meet the overall...

20 January 2015

Plains All American secures major credit facility

Houston-headquartered energy company, Plains All American Pipeline, has secured a major new credit facility, giving it the additional liquidity needed for working capital...

19 January 2015

Brazil’s Biosev secures new credit facility

Biosev, the Brazilian sugar and ethanol arm of French commodity trading firm Louis Dreyfus, has signed a loan with an international bank group, designed to increase its...

19 January 2015

The BRICS development bank: geopolitical shake up or status quo?

On Friday 16 January, the London School of Economics (LSE) co-hosted a conference with CAF - the Latin American development bank; on geopolitics and the ‘Global South’.

16 January 2015

2015: 5 key risks to watch in the New Year

Political risk across a number of global fronts will continue into 2015 and Political Monitor takes a look at 5 key risks to watch.

14 January 2015

HSBC appoints new head of GTRF in Japan

HSBC has appointed Takahisa Yano as director, country head of global trade and receivables finance (GTRF) Japan, effective since 5 January 2015.