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Perspective
21 August 2014

Battle lines drawn as US Ex-Im reauthorisation looms

It is no exaggeration to state that the Export-Import Bank of the United States (Ex-Im) is in the midst of its most difficult reauthorisation battle yet. Indeed, so...

Perspective
21 August 2014

JBIC leads Asian banks in Lao hydropower deal

The Japan Bank for International Cooperation (JBIC) has signed a project finance loan agreement in support of a total $643 million financing for a 290MW hydropower plant...

Perspective
21 August 2014

Kexim and Dubai wealth fund combine for export opportunities

The sovereign wealth fund of the Emirate of Dubai, Investment Corporation of Dubai (ICD), and the Export-Import Bank of Korea (Kexim) have signed an agreement to form an...

Perspective
21 August 2014

Rusal fully completes refinancing

Rusal has completed the refinancing of its pre-export finance (PXF) facilities, with the amendment agreement signed 18 August becoming effective on 20 August 2014.

Perspective
20 August 2014

Star Bulk acquires drybulk vessels in novel deal

Athens-headquartered shipping company Star Bulk Carriers Corporation (Star Bulk) has signed definitive agreements with Excel Maritime Carriers (Excel) to acquire 34...

Perspective
20 August 2014

IFC launches financing programme for Indian infra-fund

The IFC has launched a $2.5 billion financing programme designed to strengthen India’s capital markets and set up an infrastructure development fund for the country.

Perspective
20 August 2014

West African agri-sector boost through multi-agency financing

Three development agencies - Proparco, via its Investment and Support fund for Business in Africa (FISEA), CDC, via the DFID Impact Fund, and FMO, via its MASSIF Fund –...

Perspective
19 August 2014

ING Frankfurt appoints new head of natural resources

ING Commercial Banking in Frankfurt is continuing its expansion with the appointment of Crina Nechifor as head of natural resources and structured metals and energy...

Perspective
19 August 2014

Double departure from US Ex-Im project division

Beth Touomou, director of project & structured finance, and Jessica Bartos, investment officer at the same division, are both leaving the Export-Import Bank of the United...

Perspective
19 August 2014

Ashurst hires major restructuring team in Asia

International law firm Ashurst has hired a market-leading team of three partners and a senior consultant that will significantly strengthen the firm’s restructuring and...

Perspective
19 August 2014

Finnvera reiterates commitment to Russia

The Finnish export credit agency Finnvera has reiterated its support for Finnish exporters to Russia. The statement comes even in the height of the troubled geopolitical...

Perspective
18 August 2014

Standard Bank pinpoints suspected Chinese fraud in half-year accounts

In announcing its half-year financials, Standard Bank has highlighted a $79 million write-down from its exposure to a suspected metal financing fraud in China.

Perspective
18 August 2014

Rosneft proposes mega-loan from Russian state

Russian state-owned oil producer Rosneft has asked the Russian government for up to RUB1.5 trillion (approximately $42 billion) to cover some of its immediate and...

Perspective
18 August 2014

JB's weekly round up - 18 August 2014

Last week’s blog from CC Solutions focused on US Ex-Im with the title ‘The fate of US Ex-Im Bank’.

Perspective
15 August 2014

RMB arranges loan for Tanzania’s MeTL Group

South Africa’s Rand Merchant Bank (RMB) has arranged a $200 million commodity and working capital loan for the Tanzanian commodities trading company Mohammed Enterprises...

Perspective
15 August 2014

EDC provides Mexico’s Cinépolis with $11million loan

Export Development Canada (EDC), the Canadian export credit agency (ECA), is providing $11million worth financing for Mexican theatre operator Cinépolis Group. The move...

Perspective
15 August 2014

EnerJex Resources increases borrowing base and extends credit facility

Independent US-based oil exploration and production company EnerJex Resources has increased the borrowing base under its existing revolving line of credit. In addition,...

Perspective
15 August 2014

WesternZagros secures new debt financing

Calgary-headquartered junior oil explorer WesternZagros Resources has secured new debt financing amounting to $200 million. The funding comes from its largest shareholder...

Perspective
15 August 2014

Kores provides bridge loan for Boleo copper project

Korea Resources Corporation (Kores) has provided a $20 million bridge loan to Minera y Metalúrgica del Boleo (MMB) to fund the continuing construction of the Boleo mining...

Perspective
15 August 2014

ABN AMRO bolsters commodities operations team in Asia

Dutch bank ABN AMRO has added three new sector heads to its commodities operation team in Asia, in a bid to extend its focus in the region.