Italy’s Sace opens Mexico City office
Italian export credit agency (ECA) and insurance and financial group Sace, has opened a representative office in Mexico City. The ECA says that the move comes about due...
Italian export credit agency (ECA) and insurance and financial group Sace, has opened a representative office in Mexico City. The ECA says that the move comes about due...
Russian mining and metals company Mechel, has received the first tranche of the project financing for the Elga Coal Complex’s first stage of development. The company is...
Bolero International and China Systems, a leading trade services solutions vendor, have established a strategic partnership designed to assist clients involved in trade...
The European Bank for Reconstruction and Development (EBRD) is supporting the revival of the Kyrgyz capital’s trolleybus service with the arranging of a financing...
Stamford, US-headquartered Finacity Corporation has successfully merged of two existing trade receivables securitisations for Mexican glass producer Vitro SAB de CV...
Metals and energy producer Norsk Hydro has signed a $1.7 billion syndicated revolving multi-currency credit facility with a syndicate of 13 international banks. The...
Eksport Kredit Fonden (EKF) and the Banco Nacional de Comercio Exterior (Bancomext), the export credit agencies of Denmark and Mexico respectively, have signed a...
Wells Fargo and the Export-Import Bank of the United States (US Ex-Im) have combined to arrange financing to support US exports of compressor equipment to Singapore. The...
Finacity Corporation (Finacity) has facilitated the successful launch of a new $350 million global freight receivables securitisation for German-headquartered Hapag-Lloyd...
Russia’s Sberbank and the Export-Import Bank of Korea (Kexim) have signed a new cooperation agreement relating to the long-term Financing of projects for the amount of...
The African Development Bank Group (AfDB) has signed a ZAR2.9 billion ($338 million) loan to the Nambian Ports Authority (Namport) to finance the construction of the new...
Panama-based Banco Latinoamericano de Comercio Exterior (Bladex) has closed a $125 million syndicated pre-export finance facility in favour of Guatemalan-based Ingenio...
Toyota Capital Malaysia (CAPM) - a joint venture between Toyota Financial Services of Japan and UMW Corporation - has selected SunGard’s AvantGard Treasury (Integrity) to...
The Inter-American Development Bank (IADB) has sign two loans totalling $40 million to support Suriname’s electricity generation and power sector. The loans have been...
South African coal mining company, Coal of Africa Limited (CoAL), has signed an 18-month, R210 million (approximately $21.4 million) working capital facility from...
KfW IPEX-Bank is providing a €55 million ($75 million) loan to finance German equipment supplies for the expansion of the petrochemical complex of Gail India Limited...
First Quantum Minerals (First Quantum) has secured an extension of the tenor, and an amendment of the terms under its existing $2.5 billion credit facility. The signing...
Standard Bank has signed a ground-breaking deal with independent power producer Aeolus Kenya (AKL), to build a $150-million wind power plant in Kenya. The 60.8MW...
Asia-focused Fortune Oil has signed a $300 million loan agreement. The new facility will be used to repay the existing syndicated loan, provide the Company with working...
The Akkas Gas Field Project in Iraq, where South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is working, is to receive $117 million in guarantees from the...
Seung-Hoon Lee is now head of Export-Import Bank of Korea (Kexim’s) investment finance team, having recently been director of the new development finance team in the agency’s economic development promotion department. He discusses the agency’s new emphasis on direct equity investment in companies and project funds. How will this affect its longer term finance offering, support export credit, and also its development finance strategy?