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Perspective
30 May 2016

SACE boosts trade ties with Argentina announcing €700m in guarantees

Italian ECA SACE reopened its support of transactions with Argentina after the Italian undersecretary for development Ivan Scalfarotto last week announced guarantees for...

Perspective
30 May 2016
in
Metals and Mining

First Quantum signs new $1.8bn loan with improved financial covenants

Mining company First Quantum Minerals has completed a new $1.8 billion term loan and revolving credit facility with its core relationship banks that gives it revised...

News
30 May 2016

Jan de Laat is made CEO Rabobank Kenya

Jan de Laat, MBA, currently managing director trade and commodity finance Africa, Middle East & India, has been promoted to chief executive officer (CEO), Rabobank...

News
30 May 2016

ITFA 43rd Annual International Trade and Forfaiting Conference

The Board of the International Trade & Forfaiting Association (ITFA) is pleased to announce its 43rd Annual International Trade and Forfaiting Conference, which...

News
30 May 2016

Is the French economy definitely taking off?

Growth, consumer spending and investment during the first quarter of the year were all reasons for optimism for the French economy - but a blot on the landscape came...

News
30 May 2016

SACE signs MoU to boost Jeddah trade

Italian export credit agency SACE has signed a memorandum of understanding (MoU) with the Chamber of Commerce of Jeddah. The agreement will strengthen relations and...

News
30 May 2016

BNDES financing cut could see concessionaires look abroad

Reducing the financing role of BNDES, the Brazilian state development bank, could see concessionaires look for more funding from abroad. But this would require the...

News
30 May 2016

DBS: Brexit is a tail risk for India

Britain leaving the EU is a "tail risk" for India - the third largest investor into the UK in terms of project numbers, according to DBS Bank. India will...

News
30 May 2016

Gunvor Singapore closes increased $1.04bn loan

Commodity trader Gunvor Singapore has closed $1.041 billion of syndicated revolving credit facilities to support new activities and existing operations in Asia...

News
30 May 2016

AIIB and EIB to renew project cooperation

The European Investment Bank (EIB) and the Asian Infrastructure Investment Bank (AIIB) are set to renew their cooperation to work together on project financing. Up to...

News
30 May 2016

Vanguard borrowing base drops 26%

US-based oil and gas group Vanguard Natural Resources has seen the borrowing base on its revolving credit facility drop by 26% to $1.325 billion. Vanguard has $1.424...

News
30 May 2016

EFA boosts alternative financing solutions

Singapore-based financier EFA Group says it is enhancing its supply chain finance and receivables finance components to meet rising demand from small and medium-sized...

Perspective
26 May 2016

Investors flock to Afreximbank's $750m record bond issue

Afreximbank closed a $750 million five-year bond last week after achieving an order book of $3.4 billion from 290 investors - the biggest ever book and largest trade...

Perspective
26 May 2016

Korean shipyards limp on with K-sure-backed $221 million loan to BW LPG

The order for four very large gas carriers from Hyundai Heavy Industries is riding on the coat tails of a decade of expansion for Korea’s shipbuilders. But concerns about...

News
26 May 2016

TXF Rome 2016: Two weeks to go

TXF Rome 2016 will welcome more than 700 senior representatives from over 280 companies, across 70 countries for an export and project finance extravaganza on June...

News
26 May 2016

EBRD finances natural gas projects in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is providing up to €294 million for two projects to increase the use of domestically produced natural...

News
26 May 2016

IFC helps finance Axion's $1.5bn plant expansion

The International Finance Corporation (IFC) is to provide $378 million for Argentine firm Axion Energy's expansion of the Campana Refinery. It includes a $300 million...

News
26 May 2016

Urals agrees pre-export loan with Petraco

Urals Energy, a Russian oil and gas group, has signed a short-term pre-export loan deal with Channel Islands-based trader Petraco Oil. Petraco will pay $6 million to...

News
26 May 2016

EBRD finances expansion of Kazakh dairy group

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €15 million to Kazakhstan dairy producer FoodMaster. The money will help...

News
26 May 2016

Euler Hermes: Brexit could spark rise in insolvencies

Britain and some key European partners could face a sharp rise in insolvencies if the UK leaves the EU without a Free Trade Agreement, according to research by credit...