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11 August 2014

KfW IPEX finances equipment for Brazil wood processing sector

KfW IPEX-Bank is providing export credit financing amounting to €51 million ($68.3 million) to Brazilian-based Berneck Painéis e Serrados (Berneck).

11 August 2014

HSBC appoints new Asia business development trade head

HSBC has appointed Sriram Muthukrishnan as managing director and regional head of business development for global trade and receivables finance, Asia-Pacific.

08 August 2014

Financing for Cameron LNG in the US finalised

Sempra Energy, which is the lead partner in the Cameron LNG project in Louisiana, in the United States, has finalised the financing for the project.

07 August 2014

NIB partners with Litgrid to finance Lithuania-Poland electricity link

The Nordic Investment Bank (NIB) has agreed a €50 million ($67 million) loan for the Lithuanian electricity transmission system operator Litgrid. The funds, which have a...

07 August 2014

ABN Amro recruits new Americas metals head

Daniel Minzer has joined the Dutch bank as Americas head of metals commodities

07 August 2014

US Ex-Im pledges further financing in sub-Saharan Africa

The Export-Import Bank of the United States (US Ex-Im) has pledged $3 billion in financing for US exports to sub-Saharan Africa over the next two years.

06 August 2014

Afrexim finances Econet expansion

The African Export-Import Bank (Afrexim) has arranged a $150 million financing facility for Mauritius-based telecommunications company Econet Wireless Global (Econet)....

06 August 2014

FIATA partners with essDOCS to launch own eBL

The International Federation of Freight Forwarders Associations (FIATA) has launched an electronic bill of lading powered by essDOCS’ online trade facilitation solution...

05 August 2014

Gunvor closes new loan to support European activities

Swiss-headquartered commodity trading company Gunvor has closed a new $290 million uncommitted off balance sheet instrument (OBSI) revolving credit facility (RCF) to...

05 August 2014

Barclays names new heads for Asia-Pacific and ME trade teams

Barclays has made changes to its trade and working capital leadership team in Asia-Pacific and the Middle East.

05 August 2014

KfW IPEX finances port equipment for OOCL

KfW IPEX-Bank has signed an $81 million loan agreement with Hong Kong-headquartered port operator Orient Overseas Container Line (OOCL), to support the sale of...

05 August 2014

OPIC commits funds to Nigeria’s Azura-Edo power plant project

Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, has approved up to $50 million in direct financing to American...

04 August 2014

Former DIFC chief economist joins Falcon

Alternative trade and corporate financier Falcon Group has appointed Nasser Saidi to act as non-executive director on the board. Saidi is the former chief economist,...

04 August 2014

Osum Oil Sands closes acquisition credit facilities

Calgary-based Osum Oil Sands Corporation (Osum) has closed its $210 million senior secured term loan facility, to partly fund the purchase of oil sands assets in Alberta,...

04 August 2014

Rusal finally gets full approval for PXF refinancing

Rusal has today confirmed that it has obtained 100% credit approvals from all its lenders for the proposed amendments to the $4.75 billion and $400 million pre-export...

04 August 2014

ADB teams with ORIX and Robeco for Asia renewables

The Asian Development Bank (ADB) has teamed with ORIX Corporation (ORIX) of Japan and Netherlands-based Robeco Institutional Asset Management (Robeco) to set up Asia...

04 August 2014

Uralkali secures longest tenor yet on an unsecured loan

Russian potash producer, Uralkali, has secured a new $250 million credit line from local bank Promsvyazbank, with an exceptional 10-year tenor.

04 August 2014

SMBC signs loan with Brazil’s Amaggi

Sumitomo Mitsui Banking Corporation (SMBC) has signed a $200 million loan agreement with Brazilian agribusiness company Amaggi Exportação e Importação (Amaggi).

04 August 2014

Santander makes top trade changes

Santander is understood to be making a number of changes at the top of its trade executive management.

01 August 2014

ICC Banking Commission appoints Advani to leadership

The International Chamber of Commerce (ICC) has appointed Suresh Advani, Senior Portfolio Manager at GML Capital (GML), as senior technical advisor to the Banking...