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02 July 2013

David Hennah rejoins Misys as head of trade

Trade industry specialist David Hennah has moved back to Misys after an eight-year stint with SWIFT. He has been hired by Misys as head of product management practice for...

02 July 2013

Shoreline Natural Resources secures RBL financing

Oil producer Shoreline Natural Resources (Shoreline) in Nigeria has secured a refinancing facility which gives it better terms, structure and a longer tenor over an...

02 July 2013

Mercuria RCF heavily oversubscribed

Swiss-headquartered Mercuria Energy Trading has signed its latest revolving credit facilities totalling $1.8 billion. The transaction was signed on 1 July, 2013.

01 July 2013

BB Energy finds loan success

The Netherlands-based arm of energy trading company BB Energy has secured a revolving credit facility (RCF) arranged by relationship banks. The $125 million, one-year...

01 July 2013

Falcon group boosts Europe team

Alternative trade financier Falcon Group has recruited Emma Clark as its new head of business development UK and Europe. She joins from insurance brokers RK Harrison...

28 June 2013

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...

28 June 2013

Proparco finances Chile's first solar power projects

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...

27 June 2013

Chilean pulp producer signs trade loan

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...

27 June 2013

US Exim authorises funds for Ethiopian Airlines

The Export-Import Bank of the United States (Ex-Im Bank) has authorised nearly $130 million in financing to support the export of Boeing aircraft and installed GE-90...

26 June 2013

Olam secures local currency loan through AfDB

Agri-commodity producer, processor and trader Olam International has secured a senior loan of $80 million from the African Development Bank (AfDB). The loan., which...

25 June 2013

Golar LNG secures ship finance

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...

25 June 2013

Castleton Commodities secures revolving credit facility

US-headquartered energy trader Castleton Commodities International (CCI) has secured a $850 million revolving credit facility through a 17-strong bank syndicate. The...

25 June 2013

StanChart finances Malaysian solar projects

Standard Chartered Bank (StanChart) and a Malaysian company sponsored by SunEdison, together with Malaysia-based Sun Energy Ventures have signed MYR134 million ($41...

25 June 2013

Nidera signs annual revolver

Grain trading company Nidera has signed its annual revolving credit facility, which saw strong interest from relationship banks. The Rotterdam,...

24 June 2013

FIMBank joins Middle East group KIPCO

Malta-headquartered FIMBank has announced the completion of the first stage of a multi-step process which has seen Burgan Bank and United Gulf Bank (UGB), members of the...

24 June 2013

Odebrecht and Braskem appoint new CFOs

Brazilian engineering, construction and production group Odebrecht has announced that Marcela Drehmer has been appointed as the new chief financial officer of Odebrecht...

21 June 2013

Vitol and Rosneft sign agreement on LNG sale and purchase

Following on from Vitol’s pre-payment financing with Rosneft earlier this year for the supply of crude oil and petroleum product supplies, the trading company and the...

21 June 2013

Trafigura signs pre-payment contract with Rosneft

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...

20 June 2013

EBRD pledges more funds for Mongolian wind projects

The European Bank for Reconstruction and Development (EBRD) is pledging to invest a further $50 million in new wind power projects in Mongolia. The announcement comes as...

14 June 2013

Glencore signs mega revolving credit facilities

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...