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...
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...
Eksport Kredit Fonden (EKF) and the Banco Nacional de Comercio Exterior (Bancomext), the export credit agencies of Denmark and Mexico respectively, have signed a...
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...
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)....
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...
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...
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....
Berne Union, the association of export credit insurers, today announced the retirement of secretary general Peter Jones.
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...
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...
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...
TXF talks to HSBC about some of the major trends impacting the export credit sector at the present time.
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...
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...
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...
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...
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.
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...
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...
Several significant changes to the ICC Banking Commission executive committee were announced during October’s meeting in Vienna. Long time industry stalwarts, Dan Taylor...
A new report into bank funding for the fossil fuel industry has highlighted a resurgence in dealmaking for oil & gas firms. ECAs may have stepped away, but regardless producers have access to a range of sources for debt finance including banks, asset managers and commodity traders.