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26 June 2015

Rabobank appoints head of TCF Americas

Rabobank has appointed Muriel Schwab as head trade & commodity finance (TCF) Americas. She takes up the post as of 1 July, and will be based in New York.

25 June 2015
in
Renewables

MIGA provides guarantees for Jordanian solar power projects

The Multilateral Investment Guarantee Agency (MIGA) has announced that it will provide financial backing for the development, construction, and operation of four solar...

25 June 2015
in
Oil & gas

KfW IPEX arranges financing for new gas carriers for Petredec

KfW IPEX-Bank has arranged and closed a $186.3 million financing package for the international liquefied petroleum gas trading and transport company Petredec. The...

24 June 2015

Final Cole Commission report on UK export revolution plan is released

The final Cole Commission report in relation to changing UK export culture was released today. The independently commissioned report is an action plan for the UK...

24 June 2015

XL Catlin appoints chief underwriter for political risk and trade credit

XL Catlin has promoted Joe Blenkinsopp to the position of chief underwriting officer for its political risk and trade credit (PRTC) team. He is based in London.

23 June 2015

South Africa’s Transnet gets $228 million financing from KfW

South Africa's state-run logistics and transport company Transnet has secured ZAR2.8 billion ($228 million) financing from Germany’s KfW Development Bank. The funds will...

23 June 2015

US Ex-Im provides guarantees for export of US-made bridges to Zambia

The Export-Import Bank of the United States (US Ex-Im) has announced that it is providing $73 million in guarantees for the loan related to the sale of Acrow Corporation...

23 June 2015

Trafigura and Singapore LNG sign strategic deal to utilise excess storage capacity

Commodity trading company Trafigura and Singapore LNG Corporation (SLNG), operator of the country’s first liquefied natural gas (LNG) terminal, have signed a storage...

22 June 2015

Mercuria Energy closes multi-currency RCF oversubscribed

Independent energy and commodities trading group Mercuria Energy Trading has signed a $2.5 billion multi-currency revolving credit facility (RCF). Following strong demand...

22 June 2015
in
Infrastructure, Transport

MSC Cruises secures €1.2 billion ECA-backed financing

Leisure cruise line MSC Cruises (MSC) has secured €1.2 billion ($1.35 billion) export credit agency (ECA) backed financing for the construction and purchase of two...

22 June 2015

Noor Bank leads closing of Islamic financing for Stanford Marine

Dubai-headquartered offshore supply vessel company Stanford Marine Group (SMG) has secured a AED 1.2 billion ($326.7 million) Islamic syndicated structured finance...

22 June 2015

US energy company Venoco completes refinancing

Independent US-based energy company Venoco has entered into a new $75 million term loan facility with Deutsche Bank. The company will use the proceeds from the new...

22 June 2015

Ukraine’s Kernel secures EBRD funds in syndicated bank facility

Ukraine’s leading vertically integrated agribusiness company Kernel has signed a $65 million syndicated working capital credit facility with a group of European...

22 June 2015

Navios Midstream closes loan for VLCC acquisition

New York-listed crude carrier owner and operator Navios Maritime Midstream Partners has closed a $205 million term loan facility with a club of international banks. The...

22 June 2015

ENOC signs $1.5 billion syndicated loan

Dubai-based refining and trading company Emirates National Oil Company (ENOC) has secured a $1.5 billion syndicated loan through some 21 banks which took part in the...

22 June 2015

King & Spalding hires energy team for new Tokyo office

International law firm King & Spalding are set to open an office in Tokyo, the firm's eighteenth office overall and tenth office outside the United States. The new Tokyo...

22 June 2015

GIEK and Export Credit Norway fund fish farm export

Norway’s export credit agency, GIEK, together with funding body Export Credit Norway have arranged financing of €6.7 million ($7.5 million) for the export of a fish farm...

21 June 2015

Banks' risk appetite is adapting to new climate

This week, JB’s email to TXF subscribers had a sting in its tail: a reproach to financial institutions for their seeming reluctance to do business in Russia. At the same...

19 June 2015

Cocobod formally announces close of senior phase of annual PXF syndication

Today, the Ghana Cocoa Board (Cocobod) formally announced the close of the senior phase of its annual pre-export financing for the 2015-2016 cocoa crop. The financing was...

19 June 2015

Natixis and pbb co-arrange Airbus purchase for Turkish Airlines

Natixis and pbb Deutsche Pfandbriefbank (pbb) have co-arranged the financing of three Airbus aircraft for Turkish Airlines. The transaction is unusually financed in Swiss...