US Ex-Im grants new direct loan for SpaceX launch
The Export-Import Bank of the United States (US Ex-Im) has approved a $105.4 million direct loan to Space Communication of Ramat Gan, Israel, to finance the Space...
The Export-Import Bank of the United States (US Ex-Im) has approved a $105.4 million direct loan to Space Communication of Ramat Gan, Israel, to finance the Space...
Offshore drilling contractor Noble Corporation has signed a $600 million unsecured revolving credit agreement with a syndicate of banks. Noble Cayman is the borrower of...
The Asian Development Bank (ADB) has signed to provide a $50 million five-year senior loan to Azerbaijan’s AccessBank. The loan comes on the heels of a $60 million loan...
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...
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...
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,...
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...
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...
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...
Joint sponsors Goldwind International Holdings (HK) Limited and Unión Eólica Panameña (UEP) have secured financing for Panama’s first wind farm.
Brazilian petrochemical products company Braskem has signed a $535 syndicated trade credit loan with a group of banks.
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...
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.
The International Underwriting Association (IUA) has launched a new London market political risk committee. The group is made up of underwriting and claims...
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...
German manufacturers providing equipment and services to the Sadara Chemical Company (Sadara), under construction in Jubail Industrical City II in the Eastern province of...
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...
Hong Kong-headquartered commodity and logistics company Noble Group has concluded a $505 million, two-year committed revolving letter of credit and guarantee facility...
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...
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...
The record surge in export finance volumes in 2023 was not just driven by existing banks writing larger tickets. TXF looks at the new lenders in export finance, and the regions, assets, and ECAs that drew them in, as well as what opportunities and dynamics this might create in the market.