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News
14 March 2017

Puma Energy set to launch RCF refi

Singapore-headquartered Puma Energy is set to 'imminently' launch the refinancing of its 2016 $800 million revolving credit facility...

News
14 March 2017

Adani wants Australian funds for Carmichael mining project rail link

Indian company Adani has applied to the Northern Australian Infrastructure Facility to help finance the rail line that is a vital part of the $16 billion coal mine...

News
14 March 2017

Edify and Wirsol team up for 165MW solar projects

Edify Energy and German developer Wirsol have secured the financing for three Australian solar projects located at Whitsunday, Hamilton and Gannawarra.  The A$230...

News
14 March 2017

Opportunity of the day: Shree Ganesh Group looking to raise $42m for phase I of chlor alkali facility near Ambala

Shree Ganesh Group's subsidiary Shree Ganesh Fats Pvt is planning to set up a 600 tonnes per day chlor alkali plant near Landha village in Ambala, Haryana, India. The...

News
14 March 2017

Moody's assigns bond fund rating to GAM Greensill Fund

Moody's Investors Service has given GAM Greensill Supply Chain Finance Fund a bond fund rating of A-bf. Greensill is an open-ended alternative investment fund.

News
14 March 2017

El Hamdania port project secures $900 million AfDB funds

The $3.3 billion project for a deep-water port in Algeria is being developed by China Harbour Engineering and China State Construction Engineering. The 20-year...

News
14 March 2017

Almonty hires Mark Gelmon as chief financial officer

Toronto-headquartered mining group Almonty Industries has hired Mark Gelmon as chief financial officer of Almonty, effective immediately, and Marion McGrath as corporate...

News
14 March 2017

Lamu Port Project prepares for investment.

A scheme to develop the Kenyan port of Lamu has received a grant from NEPAD-IPPF to prepare the project for launch as a PPP. The first phase involves constructing 3...

News
14 March 2017

Kyrgyzstan signs for $138 million Kambarata hydro project

The government has signed a $110 million 20-year investment credit agreement with the Eurasian Development Bank to finance the commissioning of the 120MW Unit 2 at the...

News
14 March 2017

HSF advises Vitol on Ghana oil and gas project

Herbert Smith Freehills (HSF) has advised Geneva-headquartered commodity group Vitol on the up-to-$1.65 billion financing of its interest in the $7 billion OCTP oil and...

News
14 March 2017

Societe Generale strengthens GTB team with three hires

Societe Generale Global Transaction Banking (GTB) has unveiled three hires - Gabriele Schnell in Germany, Bart de Boer in Switzerland, and Jess Villarina in America - to...

News
14 March 2017

EquensWorldline bags Degussa Bank payments processing deal » Banking Technology

Payments company EquensWorldline has won a long-term contract to process all payments for Degussa Bank in Germany. It will handle Degussa's end-to-end payments...

News
14 March 2017

Interest-rate divergence will open door to non-banks in SCF

With billions of receivables priced based on Libor, the current divergence between Libor and Treasuries will have a big impact on trade finance. As banks adjust to...

News
14 March 2017

Mnuchin will push G-20 hard on currency vows and trade policies

US Treasury Secretary Steven Mnuchin will be "pushing hard" to advance US interests in his debut meeting with Group of 20 counterparts this week. This will...

News
14 March 2017

Brexit will trigger shift in global B2B payments, says Saxo

The UK's exit from the EU could have a major impact on global B2B payments and become a catalyst for an industry overhaul, according to Saxo Payments. With a third of...

News
14 March 2017

Europeans compete for US offshore wind sites

German developer PNE Wind and Norwegian Statoil are seperately interested in offshore wind energy leases for two areas south of Martha's Vineyard.  The...

News
14 March 2017

Artificial intelligence helps SME suppliers mitigate non-payment risk

Artificial intelligence and API technology can help mitigate the risk SMEs face that an overseas business customer will not pay an invoice, according to Euler Hermes,...

News
14 March 2017

ING, SocGen turn to LNG for next blockchain test

Societe Generale and ING are looking to work with liquefied natural gas (LNG) firms for their next blockchain test. The two banks previously teamed up with Swiss...

News
14 March 2017

Vietnam eyes £3.3 billion investment in solar PV projects

A 2GW facility being proposed for Dak Lak province by local developer Xuan Thien Daklak has received a government licence.   A Memorandum of Understanding  was...

News
14 March 2017

Corporate treasurers want simpler banking portals

With more to do and with fewer resources available, treasury professionals are calling for a better experience from banking services and systems. The banking portals...