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21 August 2013

Deutsche pushes paperless trade payments with China

Deutsche Bank is increasing automation in its trade payments processes with China. As of 1 September 2013, the bank will launch paperless cross-border payment services in...

21 August 2013

India’s Bhushan gets KfW loan

KfW IPEX-Bank has arranged a €170 million ($227.5 million) loan for the Indian steel manufacturer Bhushan Power & Steel Limited (BPSL). The financing will be used for...

19 August 2013

Insurer Equinox Global expands team

Insurer Equinox Global, has made two hires expanding the trade credit team in the US and in Germany. The Lloyd′s cover holder specialising in trade credit insurance,...

16 August 2013

Essar Steel seeks dollarisation of debt

India’s Essar Steel is looking to the trade finance and syndicated loan market to convert much of its existing debt to dollars. The company is hoping that pre-export...

15 August 2013

New executive director named for International Trade Centre

The United Nations has announced the appointment of Arancha Gonzalez of Spain as executive director of the International Trade Centre (ITC), the joint agency of the...

09 August 2013

EBRD loan for Kazakh food producer

The European Bank for Reconstruction and Development (EBRD) is providing a $25 million loan to RG Brands, a food and beverage producer in Kazakhstan. The loan, which is...

08 August 2013

Financing secured for Panama’s first wind farm

Joint sponsors Goldwind International Holdings (HK) Limited and Unión Eólica Panameña (UEP) have secured financing for Panama’s first wind farm.

08 August 2013

Braskem signs trade credit facility

Brazilian petrochemical products company Braskem has signed a $535 syndicated trade credit loan with a group of banks.

06 August 2013

Nedbank and Bank of China formalise alliance

South Africa’s Nedbank and the Bank of China (BoC) have entered into a strategic business cooperation agreement to develop business flows between the People’s Republic of...

05 August 2013

Deutsche launches financial supply chain manager app

As part of its supply chain finance offering to corporates, Deutsche Bank has announced the launch of the financial supply chain manager on its Autobahn app market.

05 August 2013

IUA launches political risks group

The International Underwriting Association (IUA) has launched a new London market political risk committee. The group is made up of underwriting and claims...

05 August 2013

KfW and SEB team for Swedish wind project

KfW IPEX-Bank and SEB (Frankfurt) have signed to provide financing for part of the development of the largest onshore European wind energy project Markbygden in the north...

02 August 2013
in
Chemicals/Petrochemicals, Oil & gas

German suppliers named for Sadara

German manufacturers providing equipment and services to the Sadara Chemical Company (Sadara), under construction in Jubail Industrical City II in the Eastern province of...

02 August 2013

Metinvest appoints a new CFO

Russian steel producer and mining group Metinvest has appointed Aleksey Kutepov as its new chief financial officer (CFO). As CFO he replaces Sergiy Novikov, who will...

02 August 2013

Noble secures LC and guarantee facility

Hong Kong-headquartered commodity and logistics company Noble Group has concluded a $505 million, two-year committed revolving letter of credit and guarantee facility...

02 August 2013

Financing for North Sky River wind project signs

Next Era Energy Resources has signed the financing for its North Sky River Energy wind farm in California. The term loan amounts to $253.5 million, and has a tenor of...

01 August 2013
in
Metals and Mining

Ocean Partners signs debut syndicated loan

UK-headquartered metals trading company Ocean Partners has signed a $160 million loan, in what is the company’s first foray into the syndicated loan market. The funds...

01 August 2013

Borrowing base facility secured for Gunvor’s German refiner

Energy trader Gunvor has signed a new $500 million borrowing base, revolving credit facility to finance the working capital needs of the company’s refinery in Ingolstadt,...

30 July 2013

Kazakh rail sector boost with EBRD loan

The European Bank for Reconstruction and Development (EBRD) is providing the private Kazakh rail company JSC Olzha with a $24.8 million loan to support the development...

29 July 2013

DeRooij returns to ABN AMRO in Asia

In a senior move in the upper echelons of the bank, ABN AMRO has hired Maureen DeRooij as the new country executive in Hong Kong and CEO of large corporates and merchant...