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23 August 2013

Bank of China and RBS in landmark Bolero deal

Bank of China (BOC) and The Royal Bank of Scotland (RBS) have successfully completing their first ever electronic presentation of documents via the Bolero electronic...

23 August 2013

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...

22 August 2013

Noble Corporation secures credit facility

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...

21 August 2013

AccessBank and ADB sign loan facility

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...

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...

16 August 2013

Pacific Basin Shipping secures export credit financing

Hong Kong-headquartered Pacific Basin Shipping (Pacific Basin) has secured post-delivery export credit agency (ECA) financing in respect of two handymax vessels. The...

15 August 2013

EBRD finances metro trains for Kiev

Kiev Metropolitan has unveiled new trains which will enter service this month on the city’s network in a project funded by the European Bank for Reconstruction and...

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...

12 August 2013

KfW IPEX-Bank provides loan for Uruguayan wind farm

KfW IPEX-Bank has signed a $79.50 million loan to finance a wind farm in Uruguay, in what is the bank’s first ever non-recourse financing in the Latin American...

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

Brazil’s Raizen signs PXF facility

Brazilian sugar and ethanol producer Raizen Energia has signed a $100 million pre-export finance (PXF) facility. The proceeds of the loan will be used to finance the...

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.

08 August 2013

Rio Tinto agrees to provide bridge finance to Oyu Tolgoi

Rio Tinto and Turquoise Hill Resources (Turquoise Hill) have signed an agreement under which Rio Tinto will provide Turquoise Hill with a financing package to enable it...

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...