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17 September 2014

CAMAC Energy closes new credit facility for Nigerian offshore oil

Houston-headquartered, crude oil development company, CAMAC Energy has entered into a new medium-term credit facility for the further development of its offshore licences...

17 September 2014

IFC and UniCredit combine for Croatian wind farm financing

The International Finance Corporation (IFC) and UniCredit have combine dto arrange financing for the Rudine wind farm project in Slano, near Dubrovnik in Croatia. The...

17 September 2014

New report forecasts most promising regions for trade

TXF asesses HSBC’s most recent global trade report, which focuses on the changing role played by emerging market economies in the landscape of the global economy.

16 September 2014

RBI arranges five-year loan for KMG International

Raiffeisen Bank International (RBI) has arranged a five-year, $200 million loan for the Amsterdam-headquartered oil and oil products refining and trading group...

16 September 2014

RBS appoints new head of GTS Asia-Pacific

The Royal Bank of Scotland (RBS) has appointed Rohit Sawhney as head of global transaction services (GTS), Asia-Pacific.

16 September 2014

Euler Hermes appoints new CEO for Gulf region

Euler Hermes has appointed Mahan Bolourchi as its new chief executive officer (CEO) for the GCC (Gulf Cooperation Council) region. He will have responsibility for Euler...

16 September 2014

Head of infra appointed within SG’s project finance Paris team

Société Générale CIB (SG CIB) has appointed Laurent Bouchilloux as head of the infrastructure project finance Paris team. The appointment is effective 1 September 2014....

15 September 2014

Banksville appointment bolsters Latin American presence

New York-based consultancy firm, Banksville Partners (BP), has appointed Hugo Pezzoni to its Buenos Aires office.

15 September 2014

Turkey’s Aktif Bank secures trade funds through the ITFC

The International Islamic Trade Finance Cooperation (ITFC), a member of the Islamic Development Bank Group, has signed a $45 million murabaha agreement with Turkey’s...

15 September 2014

Indonesia’s Adaro Energy secures refi loan

Adaro Indonesia, a subsidiary of coal mining company Adaro Energy has secured a $1 billion loan. The funds will be used to refinance its maturing debt this year and...

15 September 2014

Standard Bank capitalises on liquid market with oversubscribed club loan for trade purposes

The Standard Bank of South Africa has signed a $560-million, 36-month term loan facility with a club of international banks.

12 September 2014

Ambitious ITFA revamp looks to the future

The International Trade and Forfaiting Association (ITFA), formerly the International Forfaiting Association (IFA), has undergone an ambitious revamp focused on playing a...

12 September 2014

New wave of sanctions hits Russia’s banks and energy companies

A new wave of coordinated sanctions, announced by the EU and the US today will target the biggest players in Russia’s vital energy and banking sectors. These latest...

12 September 2014

Ghana Cocobod signs annual PXF oversubscribed with options

The signing for the Ghana Cocoa Board (Cocobod) annual pre export finance (PXF) facility has taken place with the marketing agency securing $1.7 billion for the Ghanaian...

12 September 2014

Canadian ECA to finance Hispasat satellite

Export Development Canada (EDC), the Canadian export credit agency (ECA), has announced a €123 million ($159 million) loan to Spanish satellite communications operator...

12 September 2014

EssDOCS opens Americas HQ, and appoints office head

EssDOCS, the provider of electronic documentation solutions within shipping and trade, has opened its first regional Americas headquarters office in Hoboken, New Jersey.

11 September 2014

Finacity facilitates supplier finance program

Finacity corporation (Finacity), the receivables finance company, has assisted the closing and funding of an $80 million supplier finance company on behalf of a US...

11 September 2014

Natixis and SMBC combine for MEASAT deal

Natixis and Sumitomo Mitsui Banking Corporation (SMBC) have acted as joint financial advisers on a $225 million deal, closed by MEASAT International (South Asia) Ltd, to...

11 September 2014

BNY Mellon predicts London and Singapore will emerge as RMB hubs

In a recent report produced by BNY Mellon, the bank believes that London and Singapore could become key offshore renminbi (RMB) payments centres alongside Hong Kong by...

11 September 2014

Misys launches new suite of programmes

Misys, the financial software provider, has just launched Misys Connect, a suite of programmes designed to give customers direct access and links to cross-functional...