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18 August 2015

Credit insurer Euler Hermes launches Euler Hermes Energy in North American market

International credit insurance company Euler Hermes has launched a new division - Euler Hermes Energy. The new division will be North American-based and focus on...

18 August 2015

Syndication launched on $125 million loan for United Arab Bank

General syndication has been launched today for a $125 million term loan for United Arab Bank (UAB). The facility will be used by UAB for general corporate purposes,...

18 August 2015

London Forfaiting joins UKEF bond support scheme

London Forfaiting Company (LFC) has joined the UK Export Finance (UKEF) bond support scheme. The scheme helps UK firms access government support for export-related bonds.

17 August 2015

Deutsche Bank closes €300 million borrowing base facility for VDM Metals

Deutsche Bank has closed a €300 million ($334 million) borrowing base facility for the German metal production company VDM Metals Group (VDM). Acting as the coordinating...

17 August 2015

Bank of Georgia signs $30 million trade finance facility

Bank of Georgia has closed a $30 million, one-year trade finance club facility with Citi. This is the second club facility arranged by Citi for Bank of Georgia. The club...

17 August 2015

HSBC facilitates RMB lending in China’s expanded FTZ pilot

HSBC has facilitated cross-border renminbi (RMB) loans for mainland China corporates operating from the Nansha Free Trade Zone (FTZ) and Kunshan, areas that are now...

17 August 2015

ABN AMRO appoints country executive for UK

ABN AMRO has appointed Robbert Booij as the new country executive for the United Kingdom and general manager of ABN AMRO Bank UK branch.

14 August 2015

KAZ Minerals signs $50 million credit facility with Caterpillar

Kazakhstan-focused copper production company KAZ Minerals has signed a new $50 million revolving credit facility (RCF) with Caterpillar Financial Services (UK) (Cat...

14 August 2015

New report shows Asian corporates increasing use of receivables financing

According to a new research report from East & Partners Asia (E&P Asia), international and regional banks have a major opportunity to exploit the trade finance needs of...

13 August 2015

Akbank signs accordion option to increase term loan to $335 million

Turkey’s Akbank has signed the accordion option of its $275 million three-year term loan facility that it originally agreed to in early July. The addition of the...

13 August 2015

PGNiG Upstream International secures $400 million financing

PGNiG Upstream International (PUI), a subsidiary of Polish oil and gas group PGNiG, has signed a $400 million credit facility agreement with eight international banks....

13 August 2015
in
Transport

CIT signs $32 million credit facility with Norstar Tankers

CIT Group, a leading transportation finance company, has today announced that CIT Maritime Finance has arranged a $32 million senior secured credit facility to Norstar...

12 August 2015

Turkey’s Tofas signs ECA financing with HSBC and ING

Turkish automaker Tofaş Türk Otomobil Fabrikasi (Tofas) has signed a €200 million ($222 million) export credit financing with HSBC, ING. Italian export credit agency SACE...

11 August 2015

HSBC appoints new head of trade in Australia

HSBC has appointed Rohit Garg as the new head of global trade and receivables finance (GTRF) in Australia. He will be based in Sydney.

11 August 2015

Strong takes up the reigns as head of CPS Risk at JLT in Chicago

Matthew Strong has moved from the Jardine Lloyd Thompson Group (JLT) offices in London to take up his new position as head of the credit, political and security (CPS)...

10 August 2015
in
Oil & gas

Gazprom Marketing and Trading secures $500 million RCF

Gazprom’s UK-based subsidiary, Gazprom Marketing & Trading (GM&T) has signed a 364-day $500 million syndicated revolving credit facility (RCF).

10 August 2015

Noble looks to reassure investors with independent PwC reports

Hong Kong-headquartered, commodity trading house Noble Group has today made public the conclusions and results of the PricewaterhouseCoopers (PwC) review of Noble's...

07 August 2015

DFIs and commercial banks arrange financing for Azeri offshore gas field

Development financing institutions (DFIs) and a syndicate of commercial banks have arranged financing of $1 billion to fund the development of an Azerbaijan offshore gas...

06 August 2015

VLG launches Vecron, a new trade finance business unit

Vecron Lordstock Group (VLG), a global structured finance firm specialising in structured trade and project finance, has announced the launching of Vecron Exim, an...

05 August 2015

ING closes US Ex-Im-guaranteed $589 million financing for Vietnam Airlines

ING Capital in New York has closed a US Export-Import Bank (US Ex-Im ) guaranteed financing totalling $589 million for Vietnam Airlines (VNA). The financing relates to...