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Perspective
02 December 2014

Power project financing enables Saudi’s ACWA to complete first investment in Turkey

The Turkish subsidiary of the independent Saudi Arabian power project developer, ACWA Power, has raised more than half of the funds for its $1 billion combined-cycle gas...

Perspective
02 December 2014

JB's weekly round up - 02 December 2014

Sorry we are a bit late, but TXF has been hitting the road hard over the past few weeks. We have mostly been in Asia, where we hosted our 200 person meeting of the ECA...

Perspective
01 December 2014

KfW IPEX finances further newbuilds for Viking River Cruises

KfW IPEX-Bank has signed an agreement to finance the construction of 10 new river cruise ships for Viking River Cruises (VRC), the world's leading river cruise company.

Perspective
01 December 2014

Louis Dreyfus appoints new CEO

The global merchandiser of commodities, Louis Dreyfus Commodities (Louis Dreyfus), has appointed Mayo Schmidt as its new CEO. The decision will take effect from 5 January...

Perspective
01 December 2014

NIB loan for Lithuanian LNG terminal

The Nordic Investment Bank (NIB) has signed a 20-year, €34.8 million ($43.35 million) loan agreement with Klaipedos Nafta, the majority state-owned Lithuanian oil and gas...

Perspective
01 December 2014

Serbian and Slovenian fruit producers to benefit from EBRD funding

Serbian and Slovenian fruit producers are set to benefit with new funding from the European Bank for Reconstruction and Development (EBRD).

Perspective
28 November 2014

JP Morgan hires Citi treasury advisory head

Gourang Shah has joined US bank JP Morgan as the head of its treasury advisory business for Asia Pacific. His position is effective from December 2014.

Perspective
28 November 2014

KfW IPEX and AFC sign infrastructure financing agreement

The German development bank, KfW IPEX bank, and the Africa Finance Corporation (AFC) have signed a framework financing agreement amounting to $300 million.

Perspective
28 November 2014

Indonesia’s Lion Air places ATR’s largest order

Indonesia’s largest private airline, Lion Group, has signed a $1 billion purchase agreement with Italian-French aircraft manufacturer ATR for the purchase of 40 ATR...

Perspective
27 November 2014

Senate grills US banks over commodities manipulation

US banks Goldman Sachs, Morgan Stanley and JP Morgan have come under heavy criticism from the US Senate over their influence on key commodities such as aluminium and oil....

Perspective
27 November 2014

Finacity facilitates trade receivables securitisation for Korean airline

Finacity, the receivables finance company, has announced that it has facilitated a $350 million tade receivables securitisation for Korean Air Lines Company (KAL).

Perspective
27 November 2014

Agricultural bank of China signs on to essDOCS’ CargoDocs solution

The Agricultural Bank of China has signed on to essDOCS’ online trade facilitation solution, CargoDocs for trade finance.

Perspective
26 November 2014

Glencore extends and increases loan facilities with DRC’s Katanga

Commodity trading company Glencore has extended and increased its loan facilities with Katanga Mining (Katanga) in the Democratic Republic of Congo (DRC).

Perspective
26 November 2014

EDC provides direct loan for Mexican telecom company

Canada’s export credit agency (ECA), Export Development Canada (EDC) is providing a direct loan of up to $125 million to Mexico-based telecommunications company, América...

Perspective
26 November 2014

SACE guarantees loan for expansion of Giza power plant

The Italian export credit agency (ECA), SACE, has guaranteed a thirteen-year €210 million ($262.44 million) loan to Italian energy company, Ansaldo Energia, for the...

Perspective
25 November 2014

Texas Freeport LNG closes project financing on first two liquefaction trains

Freeport LNG Expansion (Freeport LNG) has today announced that its subsidiaries, FLNG Liquefaction (FLIQ1) and FLNG Liquefaction 2 (FLIQ2), successfully closed the debt...

Perspective
25 November 2014

Demica appoints new CEO as Kerle departs

Demica has appointed Matt Wreford as its new chief executive officer, replacing the outgoing Philip Kerle.

Perspective
25 November 2014

PTA Bank launches new eastern and southern African trade fund

The Eastern and Southern African Trade and Development Bank (PTA Bank) has collaborated with London-based specialist emerging market investment manager, GML Capital, to...

Perspective
25 November 2014

Rabobank appoints new head of TCF

Dutch multinational, Rabobank, has appointed Jasper van Schaik as its new global head of trade and commodity finance (TCF).

Perspective
24 November 2014

SBI clarifies proposed loan with Adani Group

Following a range of criticism directed at the State Bank of India (SBI), the bank has defended its position on the signing of a memorandum of understanding (MoU) with...