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04 August 2015

ABN bolsters commodities division with senior hires

ABN AMRO is continuing to strengthen its energy, commodities & transportation (ECT) division with two senior appointments. The bank has promoted Friso Koopmans as global...

04 August 2015

UniCredit completes BPO transaction between M&G Polimeri Italia and BP

UniCredit has successfully completed a Bank Payment Obligation (BPO) deal for M&G Polimeri Italia, the Italian importer which is part of the third largest PET resin...

03 August 2015

SunEdison closes financing for Chile’s Quilapilun solar power plant

Renewable energy development company SunEdison has secured $160 million financing and started construction on the 110-megawatt (MW) DC Quilapilun solar power plant in...

03 August 2015

EBRD arranges $300 million syndicated loan for Kazakh Railways

The European Bank for Reconstruction and Development (EBRD) working together with a group of international commercial banks has arranged a $ 300 million syndicated...

30 July 2015

Cocobod’s success stands as an example for other African nations

Jonathan Bell reviews this year’s Ghana Cocobod financing, analyses the record of pricing, and looks at the prospect of further value-added for African soft commodities.

27 July 2015

Gunvor Singapore increases annual RCF through accordion structure

Gunvor Singapore, the wholly-owned subsidiary of the international commodity trading company, Gunvor Group, has increased its $911.7 million syndicated revolving credit...

22 July 2015

Gunvor signs increased secured borrowing base facility for Middle East operations

International commodity trading company Gunvor Group has signed a $525 million secured uncommitted borrowing base facility for its operations in the Middle East. The...

20 July 2015

BPL Global to open Dubai office as part of further expansion

Berry Palmer & Lyle (BPL Global), the specialist credit and political risk insurance (CPRI) broker, is to open a representative office in Dubai as part of the group’s...

17 July 2015
in
Transport

Landmark deal sees UK Export Finance and HSBC combine for first RMB-funded financing

The UK export credit agency UK Export Finance (UKEF) and HSBC have teamed to arrange the first ever offshore renminbi (RMB) financing for an aircraft purchase – in this...

17 July 2015

ANZ boosts transaction banking with senior hire

ANZ has boosted its global transaction banking (GTB) business with the appointment of Francyn Stuckey as global head of capabilities and client solutions in its...

16 July 2015

AAG Energy secures $250 million RBL facility

Asian American Gas Holdings (AAG Energy) a leading and independent coalbed methane (CBM) producer in China, has secured a $250 million reserve-based lending (RBL)...

16 July 2015

Metalloinvest pushes through new $750 million PXF

Russian iron and steel producer Metalloinvest has signed a new $750 million pre-export finance (PXF) facility with a club of international banks. TXF News understands the...

15 July 2015

Banks sign $350 million financing for Kenya Pipeline’s Mombasa-Nairobi line

A consortium of local, regional and international banks has arranged a $350 million loan facility for Kenya Pipeline Company (KPC) for a new fuel products pipeline to run...

15 July 2015

ING and EBRD team for Ukrainian ViOil pre-financing

Ukraine’s major Ukrainian sunflower oil producer and exporter Industrial Group ViOil (ViOil) has secured a $40 million pre-financing through Dutch bank ING and the...

15 July 2015

BNPP and Intesa Sanpaolo finance Kenya’s Itare dam project

BNP Paribas and Intesa Sanpaolo are providing export credit financing to fund the €306 million ($334.7 million) Itare dam project in Kenya. The project, which is backed...

15 July 2015

New CEO appointed at FIMBank

Malta-headquartered trade finance bank, FIMBank has appointed Murali Subramanian as its new chief executive officer (CEO). The change comes following a seven-month period...

15 July 2015

IADB finances Ecuador steel plant

The Inter-American Development Bank (IADB) is providing a $37 million loan to assist with the financing of a new 400,000 tons per year steel production plant in...

15 July 2015

CEFC finances DeGrussa copper mine solar project in Western Australia

The Clean Energy Finance Corporation (CEFC) is committing up to $15 million for the development of the 10.6MW solar plant with 6MW of battery storage at Sandfire...

13 July 2015

WTO’s Azevêdo urges the closing of gaps in trade finance in Africa and Asia

WTO director-general, Roberto Azevêdo, has urged development finance institutions to continue to work together to help close the gaps that exist in the provision of trade...

13 July 2015

Textainer Group amends pricing and extends term on its $700 million RCF

Bermuda-headquartered Textainer Group Holdings, the world’s largest lessor of intermodal containers based on fleet size, has secured an amendment to the margin on its...