General Electric (GE) has said it will sell its European private equity financing business to a unit of Japan's Sumitomo Mitsui Banking Corp (SMBC) for about $2.2...

Australian export credit agency (ECA) Export Finance and Insurance Corporation (EFIC) has partnered with compatriot trade and debtor financier Scottish Pacific to...

DTEK has successfully negotiated the restructuring of $200 million worth of Eurobonds, redemption for which was due in April 2015. On 23 March this year, DTEK...

As of midnight last night the charter for Export-Import Bank of the United States (US Ex-Im) officially expired, as no new vote on its reathorisation had taken place in...

Watson Farley & Williams (WFW) has hired lawyer Guillaume Ansaloni as a partner for the finance team in its Paris office. Ansaloni focuses his practice on structured...

Project finance debt totaling $720 million has been signed between banks and Turkey’s Gurmat Electric Generation Company for the Efeler geothermal plant project. With a...

Trade and commodity-focused, Amsterdam-based, GarantiBank International (GBI) has closed its dual-currency syndicated borrowing facility with two tranches amounting to...

The African Export-Import Bank (Afrexim) has signed an agreement to provide a €57 million ($63 million) credit facility for the construction of a five-star hotel and spa...

Detour Gold Corporation has amended its C$135 million ($106 million) senior secured credit facility following negotiations with its bank lending group.

Nordea Bank has provided a €184 million export credit facility to Tallink Line, a subsidiary of Estonian shipping company Tallink Group, to finance a new €230...

The International Finance Corporation (IFC), a member of the World Bank Group, Deutsche Bank and Bank AL Habib Pakistan today announced a new trade financing deal to...

Iran has raised its stake in the International Islamic Trade Finance Corp (ITFC), becoming the development bank's third largest shareholder, according to the...

Commodity trading powerhouse Trafigura Beheer and Mubadala Development Company, the Abu Dhabi-based investment and development company, today announced the signing of...

ING has closed another export credit financing with Coface-guarantees for Korean Air Lines (Korean Air). This is the fifth such financing that the bank has arranged for...

Deutsche Bank’s Global Transaction Banking (GTB) division has embedded SWIFT’s Know Your Customer (KYC) Registry - a centralised repository that maintains a standardised...

The European Investment Bank (EIB) and the Italian export credit agency SACE have combined to provide a €600 million ($669 million) loan to auto manufacturer Fiat...

The boards of the two international factoring associations - Factors Chain International (FCI) and International Factors Group (IFG) – have put forward a formal proposal...

Oil producer Statoil ASA has successfully signed a $5 billion multicurrency revolving credit facility, guaranteed by Statoil Petroleum AS. The syndication saw a healthy...

The Overseas Private Investment Corporation (OPIC) has signed a $47 million loan to support the development of the Clarendon solar photovoltaic facility in Jamaica. The...

Independent Antwerp-based gas carrier and owner Exmar has signed a ship finance loan of $200 million. The funds will be used to purchase the world’s first floating LNG...