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06 October 2014

Trafigura sees strong bank demand for US borrowing base facility

Trafigura AG, a wholly-owned subsidiary of Trafigura Beheer BV (Trafigura), has renewed its United States borrowing base credit facility, and extended the maturity to two...

06 October 2014

Belarusbank signs loan agreement with China Eximbank

Belarusbank has announced the official signing of a loan agreement with the Export-Import Bank of China (China Eximbank), China’s export credit agency (ECA).

06 October 2014

RMB and agencies collaborate to finance landmark Ghanaian power plant

A number of European and African institutions have teamed together in a triple tranche, overall $900 million project financing to fund a gas fired power station in Tema,...

03 October 2014

Mercuria completes acquisition of JP Morgan’s physical commodities business

Mercuria Energy has today successfully completed the acquisition of parts of JP Morgan Chase’s physical commodities business. This follows the initial signing of the...

03 October 2014

ING closes Coface-guaranteed financing for Korean Air

ING Bank has utilised its strong funding capability in Germany to successfully finance an ECA-backed Airbus delivery for Korean Air Lines (Korean Air).

03 October 2014

New offices and senior appointments at Zurich credit and political risk

Zurich Insurance (Zurich), has expanded its credit and political risk business with several key appointments and two new offices, opened in Houston and Toronto.

03 October 2014

KfW IPEX to finance Finnish onshore wind farm

The German state-owned development bank, KfW IPEX-Bank, will provide a €100 million ($126 million) for the construction of the Kuolavaara-Keulakkopään Tuulipuisto Oy wind...

03 October 2014

Kexim signs largest telecom financing to date with Reliance

India’s largest provider of telecom tower infrastructure, Reliance Jio Infocomm Limited (RJIL), will receive a $750 million loan backed by Korean export credit agency...

03 October 2014

Bulgarian telco receives EBRD loan

The European Bank of Reconstruction and Development (EBRD) has signed a €20 million loan ($25 million) to Bulsatcom, a Bulgarian satellite television, internet and mobile...

03 October 2014

Trafigura closes new Asian RCF and term loan significantly oversubscribed

Commodity trading company Trafigura has closed its new Asian centric revolving credit (RCF) and term loan facilities at $1.73 billion

02 October 2014

BNP Paribas and JBIC finance bulk carriers for Ultrabulk

BNP Paribas (BNPP) and Japan Bank for International Cooperation (JBIC) have arranged export credit financing for the supply of two bulk carriers to Denmark’s Ultrabulk...

02 October 2014

BExA launches manifesto for exporters

British Exporters Association (BExA) has announced the launch of its manifesto for exporters, entitled ‘Winning the Global Race’. The launch happens alongside its 5th...

02 October 2014

Annual ECA benchmarking report released

The British Exporter’s Association (BExA) has just published its fifth annual benchmarking publication ‘UK Export Finance: Supporting the National Export Challenge’.

02 October 2014

US Ex-Im authorises $1 billion Pemex capital markets financing

The Export-Import Bank of the United States (US Ex-Im) has approved two authorisations, worth $1 billion, for Mexico’s state-owned oil and gas company,Petróleos Mexicanos...

02 October 2014

Transnet signs local currency deal with BHP Billiton

Transnet has signed a 10-year contract for the export of coal via rail with the South African coal unit of the mining company, BHP Billiton (BHP).

01 October 2014

Abengoa refinances corporate bank debt

Spanish renewable energy company, Abengoa, has signed an agreement to refinance its long-term debt by taking out a new syndicated loan amounting to approximately €1.4...

01 October 2014

Qatar’s Ahli Bank closes debut syndicated loan

Qatar-based Ahli Bank has successfully closed a $200 million syndicated term loan facility. The loan is the bank’s debut approach into the syndicated loan market

01 October 2014

Ukraine to be largest EBRD trade beneficiary by end of 2014

The European Bank for Reconstruction and Development (EBRD) has announced it will increase its efforts in Ukraine.

01 October 2014

Misys and FicroSoft team up to aid compliance

Misys, the financial software provider, has teamed up with the global provider of watch list filtering solutions, FicroSoft to help banks comply with intensified trade...

01 October 2014

IFC local currency loan for Tajikistani bank

The International Finance Corporation (IFC), a member of the World Bank Group, is providing a $10 million subordinated loan and $5 million senior loan denominated in...