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18 November 2013

Norsk Hydro signs revolving credit facility

Metals and energy producer Norsk Hydro has signed a $1.7 billion syndicated revolving multi-currency credit facility with a syndicate of 13 international banks. The...

14 November 2013

Bancomext and EKF sign cooperation pact

Eksport Kredit Fonden (EKF) and the Banco Nacional de Comercio Exterior (Bancomext), the export credit agencies of Denmark and Mexico respectively, have signed a...

14 November 2013

ABN appoints global head of energy

ABN AMRO has appointed Peter Boogers as global head of energy within the bank’s energy, commodities and transportation (ECT) business. Boogers is promoted from his...

14 November 2013

Sullivan & Worcester broadens London office scope

Law firm Sullivan & Worcester, recently established in London, is broadening its scope with the appointment of yet another partner (also see TXF News 7 November 2013)....

13 November 2013

Ecom Agro poised to buy Armajaro trading arm

Swiss commodities trader Ecom Agroindustrial Corporation (Ecom) is in the process of buying Armajaro Trading, the trading arm of London-based commodity trading house and...

12 November 2013

Indonesia’s ENRG secures syndicated loan

Indonesian oil and gas production company Energi Mega Persada (ENRG) has secured a new $203 million syndicated loan facility. The loan facility will be used to settle...

12 November 2013
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Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Deutsche boosts trade in ASEAN region

Deutsche Bank has appointed two trade finance and cash management for corporates (TF/CMC) country heads, strengthening the management of its business in ASEAN countries....

11 November 2013
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Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Peter Jones officially steps down as BU secretary general

Berne Union, the association of export credit insurers, today announced the retirement of secretary general Peter Jones.

11 November 2013

HSBC hires head for corporate client coverage

HSBC has appointed Joel Van Dusen as its first global head of large corporates, tasked with shaping HSBC commercial banking’s strategic approach to its biggest domestic...

08 November 2013

Sevan Drilling closes and draws down financing arranged by ING

International drilling contractor Sevan Drilling has also closed and drawn down $1.4 billion of its new $1.75 billion bank facility. The funds relate to the delivery in...

08 November 2013

How to avoid the boardroom vacuum

Trade transactions are fraught with all kinds of perils – starting with those in the board room. Country risk specialist Daniel Wagner provides insight into how to avoid...

08 November 2013

Export finance head interview – HSBC

TXF talks to HSBC about some of the major trends impacting the export credit sector at the present time.

07 November 2013

Simon Cook joins Sullivan & Worcester

Law firm Sullivan & Worcester continues to build its trade and commodity finance practice at its newly opened London offices, with the hiring of Simon Cook. Cook, like...

05 November 2013

Boost for Danish SMEs with strong EKF support

Danish export credit agency Export Kredit Fonden (EKF) has reported a significant rise in the number of small and medium-sized enterprises (SMEs) winning SME export...

04 November 2013

CommBank appoints Steinebach as MD Hong Kong

The Commonwealth Bank of Australia (CommBank) has appointed Maaike Steinebach as its Hong Kong country head and managing director Hong Kong for its Institutional banking...

01 November 2013
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Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

NRF appoints aviation head for Asia

Law firm Norton Rose Fulbright (NRF) has appointed banking and finance partner Keith Sandilands to head its aviation practice in Asia. He recently moved from the...

31 October 2013

RBS makes senior hire for Asia trade

The Royal Bank of Scotland (RBS) has recruited Cissy Hon to the bank as head of trade product management, North Asia and head of supply chain finance, Asia.

30 October 2013

Uralkali secures first ECA-backed facility

Uralkali, the Russian potash producer, has signed its first ever ECA-backed transaction. The $236 million (€171.4 million) financing will fund the construction of two...

30 October 2013

RBS expands EMEA trade team

RBS has appointed Michael Gilham as a director for financial institutions trade origination in EMEA at RBS International Banking. He joins from Lloyds Bank where he led...

25 October 2013

ICC in Vienna: Taylor and Affaki step down

Several significant changes to the ICC Banking Commission executive committee were announced during October’s meeting in Vienna. Long time industry stalwarts, Dan Taylor...