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...
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...
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...
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...
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)....
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.
Finacity Corporation (Finacity) has facilitated the successful launch of a new $350 million global freight receivables securitisation for German-headquartered Hapag-Lloyd...
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...
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...
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...
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....
Berne Union, the association of export credit insurers, today announced the retirement of secretary general Peter Jones.
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...
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...
Toyota Capital Malaysia (CAPM) - a joint venture between Toyota Financial Services of Japan and UMW Corporation - has selected SunGard’s AvantGard Treasury (Integrity) to...
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...
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...
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...
TXF talks to Nordea about some of the major trends impacting the export credit sector at the present time.
The financing backing TotalEnergies’ Mozambique LNG project was taken out of the financial fridge earlier this year but funds are yet to be disbursed. With the latest military insurgence in the gas-rich region, and ECAs and banks reticent on when the deal will close, meeting conditions precedent seems ambitious in 2024.