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News
21 April 2016

Swiss ECA SERV backs Leclanche

Swiss battery energy storage solution provider Leclanche has received a $28.9 million purchase order to deliver one of the world's largest stationary storage...

News
21 April 2016

IFC and China-Mexico pump $200m into new oil firm

The International Finance Corporation (IFC) and the private equity firm China-Mexico Fund have made a $200 million investment in Citla Energy, a new Mexican oil...

News
21 April 2016

ADB returns to US dollar bond market

The Asian Development Bank has returned to the US dollar bond market to sell dual-tranche $2.5 billion two-year and $1 billion 10-year global benchmark bond issues.

News
21 April 2016

NIB buys green bonds to finance eco projects

The Nordic Investment Bank (NIB) is boosting eco-friendly projects by allocating €500 million in green bonds. The investments will be used to finance projects...

News
21 April 2016

BAML boosts trade finance processing application

Bank of America Merrill Lynch's (BAML) trade finance processing application, CashPro Trade, has been enhanced with innovative technology to assist clients with...

News
21 April 2016

Healthy sign that EKF's pace of growth is slowing

EKF, the Danish export credit agency (ECA), last year secured more than 12,000 jobs and orders for companies worth DKK 26 billion. The ECA said banks were taking on...

News
21 April 2016

How financial services can use distributed ledger technologies

SWIFT and Accenture have released a paper on how distributed ledger technologies (DLT) could be used in financial services. It identifies gaps between existing DLT...

News
21 April 2016

essDOCS opens first mainland China office

Paperless trade enabler essDOCS has opened its first mainland China office in Shanghai. The office will be led by newly-appointed vice-president China, Raymond Sham.

Perspective
20 April 2016

Former Berne Union president takes leading role at XL Catlin

Daniel Riordan has been appointed as president, XL Catlin Global Political Risk and Trade Credit. This represents a significant move from the private insurance...

Perspective
20 April 2016

Commodity insurers enter new territory

Helen Castell asks brokers and insurers what’s next for the industry and whether developing unconventional new products is essential for insurers’ survival or a dangerous...

Perspective
20 April 2016
in
Metals and Mining

BEST COMMODITY WORKING CAPITAL DEAL OF THE YEAR: Trafigura secures world’s largest metals borrowing base

Trafigura showcased traders’ ability to gain in volatile markets, as it secured its flagship $2 billion refined metals borrowing base with 16 banks.

Perspective
20 April 2016

BEST AFRICAN ECA FINANCE DEAL OF THE YEAR: Italian lenders venture onto DFI turf with Kenyan dam financing

In one of the first non-concessional foreign loans in Kenya, the Itare dam project is set to bring fresh water to 800,000 Kenyans and is our Best African ECA Deal of the...

Perspective
20 April 2016

Olam’s strong profile secures a range of funds from investors

Over the past week, Singapore-headquartered agri-business and trader Olam International has secured a new $650 million revolving credit facility (RCF), a $300 million...

News
20 April 2016

Rolls-Royce and Airbus seal £4bn Indonesia airline deal

Garuda Indonesia, the country's national carrier, has signed a £4 billion deal with Airbus and Rolls-Royce to upgrade its 14 A330s to the A330neo. The deal...

News
20 April 2016

Sector risks remain under pressure in emerging markets

Industries, especially sectors dependent on business investment in emerging Asia, Latin America and North America, are being hit by slow global growth and low oil...

News
20 April 2016

Petrobras could get lift from Rousseff impeachment

Brazil's state oil company Petrobras could benefit if President Dilma Rousseff is impeached, according to investors and analysts. Many claimed Rousseff's...

News
20 April 2016

Denbury sees borrowing base reduced

US oil and gas company Denbury Resources has reduced its borrowing base from $1.50 billion to $1.05 billion. The company had $310 million outstanding under its credit...

News
20 April 2016

KB Insurance and Natixis agree co-investment deal

Seoul-based KB Insurance and France's Natixis are uniting to co-invest in infrastructure and aviation debt originated by Natixis.

News
20 April 2016

Standard Bank signs $1bn loan

South Africa's Standard Bank has sealed a $1 billion, 36-month, term loan facility in London. It will be used for trade-related finance as well as infrastructure,...

News
20 April 2016

China Exim sells $3bn dual currency bonds

The Export-Import Bank of China (China Exim) has completed its issuance of $3 billion dual currency senior notes. The order book amounted to $8.3 billion.