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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...

05 August 2013

KfW and SEB team for Swedish wind project

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...

02 August 2013

Metinvest appoints a new CFO

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...

02 August 2013
Chemicals/Petrochemicals, Oil & gas

German suppliers named for Sadara

German manufacturers providing equipment and services to the Sadara Chemical Company (Sadara), under construction in Jubail Industrical City II in the Eastern province of...

02 August 2013

Noble secures LC and guarantee facility

Hong Kong-headquartered commodity and logistics company Noble Group has concluded a $505 million, two-year committed revolving letter of credit and guarantee facility...

02 August 2013

Financing for North Sky River wind project signs

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...

02 August 2013

DEG support for Turkish SMEs

The German development bank - Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has subscribed for bonds to the amount of TRY90 million ($39.7 million), issued by...

01 August 2013
Metals and Mining

Ocean Partners signs debut syndicated loan

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...

01 August 2013

Borrowing base facility secured for Gunvor’s German refiner

Energy trader Gunvor has signed a new $500 million borrowing base, revolving credit facility to finance the working capital needs of the company’s refinery in Ingolstadt,...

01 August 2013

Banks jump on Cocobod annual PXF bandwagon

Banks have come in strongly into the syndication for the annual Ghana Cocoa Board (Cocobod) pre-export finance (PXF) facility over the last couple of weeks – so much so...

30 July 2013

Kazakh rail sector boost with EBRD loan

The European Bank for Reconstruction and Development (EBRD) is providing the private Kazakh rail company JSC Olzha with a $24.8 million loan to support the development...

29 July 2013

DeRooij returns to ABN AMRO in Asia

In a senior move in the upper echelons of the bank, ABN AMRO has hired Maureen DeRooij as the new country executive in Hong Kong and CEO of large corporates and merchant...

27 July 2013

Colonial Oil renews RCF

The facility signed amounts to $600 million, and carries a tenor of one-year. This new arrangement amends an existing $1.15 billion facility signed in second quarter...

26 July 2013

CBA appoints global head of trade

Commonwealth Bank of Australia (CBA) has appointed Neal Livingston as its global head of trade and transaction services (GTTS), within the institutional banking and...

26 July 2013

Project financing agreed for Omani desalination plant

The consortium contracted to build the Al Ghubrah Seawater Desalination Project in Oman has yesterday signed a project financing agreement with Sumitomo Mitsui Banking...

25 July 2013

Citi and AfDB sign risk agreement for African trade

The African Development Bank (AfDB) has signed a $50-million Risk Participation Agreement (RPA) with Citi to support trade transactions originated by issuing banks in...

24 July 2013

Endeavour Mining increases and extends debt facility

Canadian-headquartered Endeavour Mining Corporation (Endeavour) has signed a new agreement increasing its revolving corporate loan facility from $200 million to $350...

24 July 2013

Trafigura launches Asian revolver

Commodity trading company Trafigura has launched a new $1.2 billion, one-year revolving credit facility into syndication. The loan is Asia-Pacific focused. The loan...

24 July 2013

Banks and EBRD team for Romanian telecoms

COSMOTE Romania – the country’s third-largest mobile operator and a subsidiary of the Hellenic Telecommunications Organisation (OTE), the Greek incumbent and leading...