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News
13 March 2018
in
Telecoms and Communications

AMP Capital to purchase Everstream

Australian investment manager AMP Capital has entered into a definitive agreement to purchase American Midwest fibre network company Everstream from private equity firm...

News
13 March 2018
in
Telecoms and Communications

Infracapital offer values Gigaclear at £270m

Prudential Group company Infracapital has made a cash offer for UK rural fibre broadband provider Gigaclear. Infraclear already has a 43.2% stake in the company and its...

News
13 March 2018
in
Agri/Soft Commodities

COFCO open to working with competition to feed 1.4bn at home

COFCO, China's largest food company, is open to partnering with its competitors as it seeks to meet its biggest challenge: feeding the world's most-populous...

News
13 March 2018
in
Infrastructure, Transport

Abertis agrees Autopista del Sol investments with Chile

The Abertis and ADIA-owned ViasChile has reached an agreement with the Chilean Government to invest €110 million in the Autopista del Sol (Ruta 78) toll road in...

News
13 March 2018
in
Infrastructure, Power, Waste and water

WEC invites proposals for Jubail Phase 3

The Saudi Arabian Water & Electricity Co (WEC) is inviting proposals for the 25-year Jubail Phase 3 concession in the Eastern Province that will see the development...

News
13 March 2018
in
Infrastructure, Transport

Winston & Strawn advise on $2.7bn North Marmara Highway concession

The Dubai office of international law firm Winston & Strawn has been advising construction stakeholders on the $2.764 billion North Marmara Highway BOT concession...

Perspective
13 March 2018

Why trade finance is soaring at ADB (16 mins)

Trade finance business is booming at the Asian Development Bank. Katharine Morton spoke to Steven Beck, the ADB’s head of trade and supply chain finance, at the ICC...

News
13 March 2018

XL Catlin to join InsurTech Asia Association

XL Catlin is to become a founding member of InsurTech Asia Association. Membership will offer XL Catlin a single point of access to the Insurtech ecosystem in Asia,...

News
13 March 2018

KDB launches due diligence on GM's troubled South Korean unit

Korea Development Bank (KDB) has launched due-diligence proceedings of General Motors' local unit to decide whether to provide funds for the unit's troubled...

News
13 March 2018
in
Power, Renewables

EBRD supports Entek Elektrik hydro acquisition

The EBRD has issued a $55 million dual-currency loan – $35 million in US dollars and $20 million equivalent in Turkish lira – to Entek Elektrik Uretimi,...

News
13 March 2018

KDB to launch $2.3bn support program for SMEs

Korea Development Bank (KDB) is to offer a new $2.3 billion financial aid program - called KDB Global Challengers 200 - for small and medium-sized enterprises. It will...

News
13 March 2018

Why bank-led supply chain finance is about 1% (and will it always be?)

When it comes to supply chain finance, the supplier onboarding process for bank originated SCF programs is worse than a root canal. Why? We are dealing with banks that...

News
13 March 2018

Richard Dawson joins ANZ as specialised finance head

ANZ has appointed Richard Dawson to Head of Loans & Specialised Finance, International. He will be based in Hong Kong and joins from KPMG in London, where he was...

News
13 March 2018

Finnvera issues €1bn 15-year bond

Finnvera, Finland's export credit agency, has issued a €1 billion,15-year bond - its longest to date. The subscriptions rose to more than €1.3 billion with...

News
13 March 2018

Nordic Investment Bank reveals loans and profits for 2017

The Nordic Investment Bank signed 55 loans totalling €3,665 million in 2017, down from 58 loans worth €4,220 million in 2016, new figures show. Net profit...

News
12 March 2018

Opportunity of the day: China Paper requires project finance to build 700,000t/a paper factory in Russia

China Paper Corporation is planning to build a paper factory with capacity of 700,000 tons per annum (t/a) in Russia, according to Xing Jiaxun, the company GM. The...

News
12 March 2018

Trafigura raises $400m through inaugural US dollar senior bond

Commodity trader Trafigura Group has raised $400 million through its inaugural US dollar senior bond. The issuance, with a five-year maturity, saw 44% placed in Asia and...

News
12 March 2018
in
Transport

AirFinance appoints ex-TD Bank ECA expert H Suha Kocabal

Aerospace and equipment financing firm AirFinance has hired H Suha Kocabal to its business development team. He previously worked with TD Bank Group's Export Credit...

News
12 March 2018

Danielle Szetho resigns as FinTech Australia CEO

FinTech Australia is on the hunt for a new CEO as Danielle Szetho has resigned less than two years into the job. Sarah Worboys has been appointed as interim CEO. Until...

News
12 March 2018
in
Metals and Mining

Glencore’s DRC subsidiaries in hot water?

Glencore's Congolese subsidiary Kamoto Copper Company is facing a variety of financial risks which include the revised Mining Code and payments owed to companies that...