Afreximbank signs landmark syndicated loan
African Export-Import Bank (Afreximbank) has signed landmark loan facilities with a syndicate of international financial institutions totalling a massive $774 million.
African Export-Import Bank (Afreximbank) has signed landmark loan facilities with a syndicate of international financial institutions totalling a massive $774 million.
Akbank has signed a $1.36 billion syndicated loan, which sees 35 international banks providing funds to the Turkish institution.
The Export-Import Bank of the United States (US Ex-Im) has signed a $1 billion Memorandum of Understanding (MoU) with the Philippine Department of Energy (DOE) that will...
Swiss energy-trader Vitol has appointed Charles Hendry, Conservative MP for Wealden and a former energy minister, as a consultant on a part time basis. Hendry will...
Russian iron ore producer Metalloinvest has signed a $1.15 billion pre-export facility with a number of international banks.
UK businesses exporting products and services abroad have received a boost in the Chancellor’s budget, after the Direct Lending Scheme was doubled to £3 billion ($5...
Dublin-headquartered Ardmore Shipping Corporation (Ardmore) has signed a $172 million credit facility with mandated lead arrangers ABN AMRO, Nordea Bank (Finland), and...
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...
Kuala Lumpur-headquartered ~Cosmos Chemicals Berhad^ has signed a $336 million technology and equipment deal with US-based GT Advanced Technologies (GTAT) for a...
essDOCS has opened a new office in Singapore, allowing the shipping and trading eDocs provider to expand its presence in the Asia Pacific region.
Russian gold producer Nordgold has agreed a five-year $500 million loan facility with Sberbank which it will use to repay its existing debt facilities of $465.5 million.
Minera Escondida Limitada (MEL), the owner of the Escondida copper mine in Chile, has received a $100 million loan from Export Finance and Insurance Corporation (EFIC),...
South African headquartered bank Investec has closed a major financing, including senior debt guaranteed by the Export-Import Bank of the United States (US Ex-Im), to Air...
Jonathan Bell talks with Paul Cohen Dumani, general manager of MIT, about the company’s highly successful commodity finance collateral management software system for...
Asia’s leading agribusiness group Wilmar has closed a $2.49 billion revolving credit facility (RCF) with a club of international banks.
We are delighted to announce the results of our “Perfect 10” – the 2013 Deals of the Year. We received in excess of 150 submissions and so whittling so many fantastic...
One of Norway’s leading marine services providers, Petroleum Geo-Services (PGS), has secured export finance from Japan Bank for International Cooperation (JBIC) and...
An initiative, announced today, could soon see the establishment of the new Ghana Commodity Exchange (GCX). And beyond this, there is the potential for the GCX to become...
Trade credit insurance specialists ~Equinox^ Global have expanded their London team, hiring John Joseph as a senior credit analyst with immediate effect. Equinox reported...
TXF analyses the impact that the $400 million fraud could have on the wider industry, at a time when investors and regulators are examining the trade finance asset class...