Finacity, the trade receivables securitisation specialist, has closed a new securitisation programme with agricultural processing company Archer Daniels Midland (ADM)....

JP Morgan has reached a definitive agreement to sell its physical commodities business to Mercuria Energy for $3.5 billion. The all cash transaction is expected to close...

KfW IPEX-Bank is providing the funding for Swiss-American river-cruise line Viking River Cruises (VRC) to import twelve new river-cruise ships which are being built at...

Danish wind turbine manufacturer and wind project developer Vestas has appointed lead banks to arrange an €850 million ($1.16 billion) credit facility. Vestas has...

Mizuho Bank and Itaú BBA International have arranged financing for Rio-based oil and gas firm GranEnergia to purchase and take delivery of a multi-service vessel, named...

Michael F Jackson, former vice president of ACI’s electronic bill presentment and payment (EBPP) group, has been appointed head of Americas cash management at Fundtech,...

The opportunities are there, but trade banks need to fully understand investors before they can sell to them

The export credit agencies of Mexico and Italy, Banco Nacional de Comercio Exterior (Bancomext) and Sace respectively, have signed a cooperation agreement aimed at...

US insurers will be able to invest into pools of trade receivables, via a new offering from Conning, the asset management services company.

KfW IPEX-Bank has closed the first two transactions under a new three aircraft bilateral financing facility for Nordic Aviation Capital (NAC).

Italy’s Enel Green Power (EGP), acting through its subsidiary Enel Green Power International (“EGPI”), has signed a €100 million ($136 million) loan agreement with Citi...

Dana Petroleum has secured a new $1.5 billion credit facility from a syndicate of international banks.

Susanne Kavelaar is due to become the chief representative in Europe for IFC's global trade and supply chain finance programme

Joint Citi / Santander $1 billion trade securitisation is expected to price at one month Libor plus H60's bp

International law firm Ince & Co has appointed Stuart Shepherd as its new global head of trade. He succeeds Steven Fox who will be retiring from the firm in April...

French bank Natixis is expanding its presence in Asia-Pacific with two new hires for its regional banking platform within trade and treasury. Yuri Lin has been appointed...

View pictures from the recent Short-term Trade and Supply Chain Finance in 2013 conference in Munich

In a recent poll taken at the TXF Short-Term Trade and Supply Chain Finance conference in Munich, participants were most excited by automation in the sector, saw BPO as...

Structured commodity financier Gilles Sayer has joined Essar as managing director of Peak Trading Overseas, a wholly-owned subsidiary of Essar Global Fund. In this...

The European Bank for Reconstruction and Development (EBRD) is supporting the revival of the Kyrgyz capital’s trolleybus service with the arranging of a financing...