Kexim and China Exim sign joint project pact
The Export-Import Bank of Korea (Kexim) has signed a reciprocal risk participation agreement (RRPA) with the Export-Import Bank of China (China Exim) to boost...
The Export-Import Bank of Korea (Kexim) has signed a reciprocal risk participation agreement (RRPA) with the Export-Import Bank of China (China Exim) to boost...
Proparco has signed a $25 million senior loan to finance two solar power plants in the mining region in northern Chile. The two plants, developed and owned by Solarpack...
Celulosa Arauco y Constitucion, the Chilean wood pulp and forestry products company has signed a medium-term loan with direct support from Export Development Canada...
Bermuda-headquartered shipping company Golar LNG Partners, a subsidiary of Norway’s Golar LNG, has secured a $275 million, five-year term loan for its shipping...
US-headquartered energy trader Castleton Commodities International (CCI) has secured a $850 million revolving credit facility through a 17-strong bank syndicate. The...
Standard Chartered Bank (StanChart) and a Malaysian company sponsored by SunEdison, together with Malaysia-based Sun Energy Ventures have signed MYR134 million ($41...
Grain trading company Nidera has signed its annual revolving credit facility, which saw strong interest from relationship banks. The Rotterdam,...
At the St Petersburg International Economic Forum in mid-June, commodity trading company Trafigura signed a five year contract with a pre-payment to supply crude oil and...
Glencore Xstrata has signed revolving credit facilities (RCF) amounting to a total of $17.34 billion. The facilities are for general corporate purposes and replace the...
Russia’s Norilsk Nickel, and the world’s largest global nickel and palladium producer, has successfully signed a five-year unsecured syndicated loan with a principal...
The Export-Import Bank of Korea (Kexim) has declared it will increase the amount of ship construction loans to be extended to domestic shipyards this year by KRW500...
Commodity trading company Trafigura has closed a $200 million long-term bond financing to support further development of its Burnside Terminal in Louisiana, USA.
Energy trading company Vitol Asia signed its Asia-Pacific-focused one-year revolving credit facility (RCF) in early June.
Puma Energy, the global mid and downstream energy company, has renewed its committed, revolving credit facility (RCF) with a significant oversubscription from the market....
Gunvor Singapore, a wholly-owned subsidiary of Swiss-headquartered Gunvor Group, has signed a $850 million syndicated revolving credit facility (RCF). The facility,...
The IFC has signed a trade finance agreement with CreditBank, a fast-growing bank in Lebanon, to help its client companies access global markets, boosting trade and...
Turkey’s DenizBank has signed a $25 million credit line the Japan Bank for International Cooperation (JBIC), designed to support renewable energy and energy efficiency...
Russian potash producer Uralkali has signed a $1 billion pre-export finance (PXF) loan agreement with a club of 14 banks. The initial mandated lead arrangers and...
Trafigura has appointed Stephan Jansma as its group head of structured and trade finance. For the past 15 years Jansma has focused on commodity finance activities in...
The Japan Bank for International Cooperation (JBIC) has signed an untied loan agreement for a credit line amounting up to $90 million with State Bank of India (SBI), the...
The trade finance industry has suffered a trio of ailments since the end of 2024 with the shuttering of three different non-bank lenders. While the circumstances across the three cases vary, market conditions are posing problems for lenders of all sizes. How can the community reflect on these events, and what options are borrowers left with?