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02 September 2013

EuroChem signs debut unsecured facility

Russian fertiliser production company EuroChem has signed a $1.3 billion loan facility on a club basis. The transaction is unsecured, and as such is the company’s first...

23 August 2013

US Ex-Im grants new direct loan for SpaceX launch

The Export-Import Bank of the United States (US Ex-Im) has approved a $105.4 million direct loan to Space Communication of Ramat Gan, Israel, to finance the Space...

22 August 2013

Noble Corporation secures credit facility

Offshore drilling contractor Noble Corporation has signed a $600 million unsecured revolving credit agreement with a syndicate of banks. Noble Cayman is the borrower of...

16 August 2013

Essar Steel seeks dollarisation of debt

India’s Essar Steel is looking to the trade finance and syndicated loan market to convert much of its existing debt to dollars. The company is hoping that pre-export...

08 August 2013

Financing secured for Panama’s first wind farm

Joint sponsors Goldwind International Holdings (HK) Limited and Unión Eólica Panameña (UEP) have secured financing for Panama’s first wind farm.

06 August 2013

Nedbank and Bank of China formalise alliance

South Africa’s Nedbank and the Bank of China (BoC) have entered into a strategic business cooperation agreement to develop business flows between the People’s Republic of...

01 August 2013
in
Metals and Mining

Ocean Partners signs debut syndicated loan

UK-headquartered metals trading company Ocean Partners has signed a $160 million loan, in what is the company’s first foray into the syndicated loan market. The funds...

01 August 2013

Borrowing base facility secured for Gunvor’s German refiner

Energy trader Gunvor has signed a new $500 million borrowing base, revolving credit facility to finance the working capital needs of the company’s refinery in Ingolstadt,...

30 July 2013

Kazakh rail sector boost with EBRD loan

The European Bank for Reconstruction and Development (EBRD) is providing the private Kazakh rail company JSC Olzha with a $24.8 million loan to support the development...

24 July 2013

Endeavour Mining increases and extends debt facility

Canadian-headquartered Endeavour Mining Corporation (Endeavour) has signed a new agreement increasing its revolving corporate loan facility from $200 million to $350...

18 July 2013

Concern to revive credit growth in emerging Europe

As external funding withdrawal in emerging Europe generates increasing concern, agencies and banks have met to discuss the issues and trends. The Vienna 2 Initiative...

17 July 2013

Hochberg confirmed as US Ex-Im president

Fred Hochberg has been confirmed as by the US Senate to serve a second term as president of the Export-Import Bank of the United States (US Ex-Im). This move followed...

15 July 2013

BAFT-IFSA announces head of trade services

BAFT-IFSA, the US-headquartered international financial services association, has appointed Stacey Facter as the association’s new senior vice president of trade...

15 July 2013

FX Energy closes new senior credit facility

FX Energy has finalised a new five-year, up to $100 million senior reserve based lending facility. BNP Paribas (BNPP) acted as coordinating mandated lead arranger....

25 June 2013

Golar LNG secures ship finance

Bermuda-headquartered shipping company Golar LNG Partners, a subsidiary of Norway’s Golar LNG, has secured a $275 million, five-year term loan for its shipping...

13 June 2013

Norilsk Nickel gets strong response for syndicated loan

Russia’s Norilsk Nickel, and the world’s largest global nickel and palladium producer, has successfully signed a five-year unsecured syndicated loan with a principal...

11 June 2013

Vitol Asia signs revolving credit

Energy trading company Vitol Asia signed its Asia-Pacific-focused one-year revolving credit facility (RCF) in early June.

03 June 2013
in
Metals and Mining

Uralkali signs PXF following oversubscription

Russian potash producer Uralkali has signed a $1 billion pre-export finance (PXF) loan agreement with a club of 14 banks. The initial mandated lead arrangers and...

30 May 2013

State Bank of India gets Japanese credit line for renewables

The Japan Bank for International Cooperation (JBIC) has signed an untied loan agreement for a credit line amounting up to $90 million with State Bank of India (SBI), the...

24 April 2013
in
Power

ADB provides further support to Pakistan power sector

The Asian Development Bank (ADB) has approved a $400 million loan to support the government of Pakistan's reforms to tackle the country’s chronic energy crisis which has...