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23 October 2013

Garuda and StanChart complete delivery under SLB agreement

National flag carrier Garuda Indonesia has taken delivery of the final six Boeing 737-800 Next Generation (NG) aircraft under a previously inked 10-year sale and...

22 October 2013

Armenia’s ACBA secures EBRD loan

Credit Agricole Bank in Armenia (ACBA) has secured a three-year, $9 million local currency loan from EBRD for on-lending to micro, small and medium-sized enterprises...

22 October 2013

BNY Mellon hires EMEA market manager from Barclays

BNY Mellon has appointed Monika Aminiova as market manager for treasury services in Europe, the Middle East and Africa (EMEA) based in London. With the aim of...

22 October 2013

Coface to provide guarantee for Brazil-US cable project

French export credit agency (ECA) Coface has agreed to provide export credit guarantees to Seaborne Networks for the Seabras-1 submarine telecommunications cable that...

22 October 2013

CDB and China Exim extend credit lines to VEB

China Development Bank (CDB) has agreed to provide facilities of up to $1.2 billion to Russian state-owned Vnesheconombank (VEB) during a regular meeting of Russian and...

22 October 2013

Fortune Oil secures loan facility

Asia-focused Fortune Oil has signed a $300 million loan agreement. The new facility will be used to repay the existing syndicated loan, provide the Company with working...

22 October 2013

Equinox adds syndicates and increases capacity

Equinox Global, the Lloyd’s coverholder specialising in trade credit, has increased its available capacity to underwrite from $35 million to $50 million, effective 1...

21 October 2013

Atradius DSB expands financing pool

Atradius Dutch State Business (DSB), the export credit agency of the Netherlands, has announced that banks outside the OECD area are now eligible for export credit cover...

18 October 2013

Ithaca signs extended RBL and corporate facilities

Oil development company, Ithaca Energy, has signed a new reserve based lending facility and a revolving credit facility amounting to $710 million. The new funds...

18 October 2013

Kexim support for Iraqi gas field project

The Akkas Gas Field Project in Iraq, where South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is working, is to receive $117 million in guarantees from the...

18 October 2013

Aviation Capital closes RCF

Aviation Capital Group (ACG) has closed a four-year, senior unsecured revolving credit facility of $850 million. The facility increases ACG’s committed revolving debt...

18 October 2013

BAML appoints head of GTS India

The Bank of America Merrill Lynch (BAML) has recruited Meeta Makhan as managing director and head of Global Transaction Services (GTS) in India team, further...

18 October 2013

Trafigura’s Asian RCF meets big market appetite

Trading company Trafigura has successfully renewed its Asian syndicated revolving credit (RCF) and term loan facility at $1.76 billion. With significant pent-up demand...

18 October 2013

MFI and DFI statement puts pressure on WTO

A joint statement from seven multilateral financial institutions (MFIs) and development finance institutions (DFIs) puts pressure on the World Trade Organisation (WTO) to...

18 October 2013

Korea Exim success with global bond

The Korean export credit agency (ECA), the Export-Import Bank of Korea (Kexim) has successfully issued global bonds worth $1 billion to investors worldwide. The...

18 October 2013

Deutsche and Sace team for Brazilian JBS deal

Deutsche Bank and Italy’s export credit agency Sace have teamed to provide a €42 million ($57.5 million) export credit package to the Brazilian multinational company JBS....

18 October 2013

McAdams joins ExWorks Capital as new CEO

John McAdams, formerly of US-Ex-Im, has been appointed as the CEO of ExWorks Capital, a newly formed joint venture between Interlink Capital Strategies and RedRidge...

18 October 2013

Nordea selects Surecomp’s trade finance suite

Nordea has selected Surecomp’s trade finance solution suite for its global trade operations. Under the deal, Nordea has licensed IMEX, Surecomp’s world-leading trade...

17 October 2013

Vitol attracts strong interest for latest RCF

Energy trading company Vitol has attracted strong interest from international banks resulting in the signing of its $7 billion revolving credit facility (RCF). These...

16 October 2013

Sullivan & Worcester opens its London office

US law firm Sullivan & Worcester opened its London offices today. This is the first office for the law firm outside of North America. The London office is located at...