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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...

News
26 May 2016

Metinvest to delay debt maturities to 2021

Metinvest, the Ukraine-based mining and steel group, plans to postpone the repayment of $2.2 billion in debt to 2021. It will extend $1.07 billion of pre-export...

News
26 May 2016

ITFC seals financing deals with 5 member countries

The International Islamic Trade Finance Corporation (ITFC) has signed agreements with five member nations - Comoros, Mali, Djibouti, Indonesia and Mauritania. It...

News
26 May 2016

Tanzania to open Industrial Development Bank

Tanzania is to open an Industrial Development Bank as the Tanzania Investment Bank is "overwhelmed". Tanzania needs to learn from China if it wants its...

News
26 May 2016

KDB and Kexim to put STX shipyard under court receivership

Creditors of STX Offshore & Shipbuilding - including the Korea Development Bank (KDB) and Export-Import Bank of Korea (Kexim) - plan to put the debt-ridden...

News
26 May 2016

Hamstrung US Ex-Im has order book of $10bn

Fred Hochberg, chairman of the Export-Import Bank of the United States (US Ex-Im), says the bank has an order book of $10 billion in projects and 30 deals in the...

Perspective
25 May 2016

TXF Data Update: 59% drop in number of ECA deals in Q1 2016

The total number of ECA deals taking place in the first quarter of 2016 has more than halved compared to Q1 of 2015, while deal volume is down 12%. TXF's Q1 data clearly...

Perspective
25 May 2016
in
Infrastructure, Transport

Azerbaijan Railways closes two-year Silk Road deal for 50 freight trains

The $314 million deal is part of a strategy to get a slice of Eurasian trade along the new Silk Road as the country tries to wean itself off a dependence on shrinking oil...

News
25 May 2016

UK's first China-backed offshore wind farm gets go-ahead

Britain's first China-backed offshore wind farm took a major step forward after three investors reached financial close on Scotland's £2.6 billion...

News
25 May 2016

Export financing: Bpifrance expands global network

With a rise in export financing, Bpifrance is gradually adopting a specialist business network abroad to be the relay for its customers. The network comes amid demand...