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15 November 2013

Record year for OPIC

The Overseas Private Investment Corporation (OPIC) has announced a record year for fiscal year 2013. Highlights of the year’s operations include: • OPIC's lending...

14 November 2013

Bancomext and EKF sign cooperation pact

Eksport Kredit Fonden (EKF) and the Banco Nacional de Comercio Exterior (Bancomext), the export credit agencies of Denmark and Mexico respectively, have signed a...

14 November 2013

Wells Fargo and US Ex-Im combine to finance US exports to Singapore

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...

14 November 2013

ABN appoints global head of energy

ABN AMRO has appointed Peter Boogers as global head of energy within the bank’s energy, commodities and transportation (ECT) business. Boogers is promoted from his...

14 November 2013

Sullivan & Worcester broadens London office scope

Law firm Sullivan & Worcester, recently established in London, is broadening its scope with the appointment of yet another partner (also see TXF News 7 November 2013)....

14 November 2013

Deutsche arranges EKN-backed loan for Korea’s SK Telecom

Deutsche Bank has signed a $97.92 million term loan facility with South Korea’s SK Telecom Company (SKT) to finance purchases by SKT from Sweden’s Ericsson-LG.

13 November 2013

Finacity launches receivables securitisation for Hapag-Lloyd

Finacity Corporation (Finacity) has facilitated the successful launch of a new $350 million global freight receivables securitisation for German-headquartered Hapag-Lloyd...

13 November 2013

Ecom Agro poised to buy Armajaro trading arm

Swiss commodities trader Ecom Agroindustrial Corporation (Ecom) is in the process of buying Armajaro Trading, the trading arm of London-based commodity trading house and...

13 November 2013

Sberbank and Kexim renew cooperation pact

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...

12 November 2013

Indonesia’s ENRG secures syndicated loan

Indonesian oil and gas production company Energi Mega Persada (ENRG) has secured a new $203 million syndicated loan facility. The loan facility will be used to settle...

12 November 2013
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Deutsche boosts trade in ASEAN region

Deutsche Bank has appointed two trade finance and cash management for corporates (TF/CMC) country heads, strengthening the management of its business in ASEAN countries....

11 November 2013
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Peter Jones officially steps down as BU secretary general

Berne Union, the association of export credit insurers, today announced the retirement of secretary general Peter Jones.

11 November 2013

AfDB signs loan for Namibian container terminal

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...

11 November 2013

Bladex arranges PXF for Guatemalan sugar producer

Panama-based Banco Latinoamericano de Comercio Exterior (Bladex) has closed a $125 million syndicated pre-export finance facility in favour of Guatemalan-based Ingenio...

11 November 2013

Russian banks organise syndicated loan for Quadra

Russia’s Gazprombank and Sberbank have jointly arranged a RUB10 billion ($307.2 million) syndicated credit line for Quadra – Power Generation (JSC Quadra), with the first...

11 November 2013

Toyota Capital Malaysia selects SunGard

Toyota Capital Malaysia (CAPM) - a joint venture between Toyota Financial Services of Japan and UMW Corporation - has selected SunGard’s AvantGard Treasury (Integrity) to...

11 November 2013

HSBC hires head for corporate client coverage

HSBC has appointed Joel Van Dusen as its first global head of large corporates, tasked with shaping HSBC commercial banking’s strategic approach to its biggest domestic...

08 November 2013

Sevan Drilling closes and draws down financing arranged by ING

International drilling contractor Sevan Drilling has also closed and drawn down $1.4 billion of its new $1.75 billion bank facility. The funds relate to the delivery in...

08 November 2013

UKEF strengthens trade ties with Korea

The UK and South Korea are set for greater cooperation between the two countries in the field of export finance following the signing of cooperation agreements between...

08 November 2013

Export finance head interview – Nordea

TXF talks to Nordea about some of the major trends impacting the export credit sector at the present time.