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...
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...
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,...
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...
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...
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...
Commonwealth Bank of Australia (CBA) has appointed Neal Livingston as its global head of trade and transaction services (GTTS), within the institutional banking and...
Canadian-headquartered Endeavour Mining Corporation (Endeavour) has signed a new agreement increasing its revolving corporate loan facility from $200 million to $350...
COSMOTE Romania – the country’s third-largest mobile operator and a subsidiary of the Hellenic Telecommunications Organisation (OTE), the Greek incumbent and leading...
The Export-Import Bank of Korea (Kexim) has signed an agreement with the government of Tanzania to provide a $54.3 million loan for the funding of Tanzania’s National ID...
Swiss-headquartered energy trading company Gunvor has signed a deal with the government of Gabon to create a joint venture to sell and distribute refined petroleum...
HSBC has appointed Luiz Simione as global head of forfaiting and risk distribution for global trade and receivables finance (GTRF). He will be based in London and takes...
As external funding withdrawal in emerging Europe generates increasing concern, agencies and banks have met to discuss the issues and trends. The Vienna 2 Initiative...
Fred Hochberg has been confirmed as by the US Senate to serve a second term as president of the Export-Import Bank of the United States (US Ex-Im). This move followed...
Brazilian oil company Petrobras has signed two financing programmes with the Japan Bank for International Cooperation (JBIC) for the offer of two lines of credit...
BAFT-IFSA, the US-headquartered international financial services association, has appointed Stacey Facter as the association’s new senior vice president of trade...
FX Energy has finalised a new five-year, up to $100 million senior reserve based lending facility. BNP Paribas (BNPP) acted as coordinating mandated lead arranger....
Italy’s export credit agency Sace is guaranteeing loans in favour of Eskom Holdings (Eskom), the South African energy public utility wholly, related to some of the...
The two separate loans from HSBC total $55.6 million. Both loans are backed with comprehensive guarantees from the Export-Import Bank of the United States (US Ex-Im).
The transaction marks the beginning of a new collaboration between both parties.
The Export-Import Bank of the United States (US Ex-Im) has agreed to provide guarantees for a new financing package arranged for South Africa’s freight rail and logistics...
Stefan Reisacher, CEO of EPC contractor Linxon, discusses how to work with ECAs in challenging conditions. Contractors need to improve communications with sub-suppliers - from bidding to investment decisions and beyond.