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Perspective
13 June 2014

Tullow refinances and expands Norwegian exploration loan facility

Tullow Oil has refinanced its NOK2 billion ($330 million) Norwegian exploration revolving credit facility (RCF), and at the same time it has successfully increased the...

Perspective
12 June 2014

Research: economic benefits of relationship between West and CEE

A new study for ING Commercial Banking by ING’s Economics Department provides conclusive evidence that the relationship between Western Europe and Central and Eastern...

Transmission
12 June 2014

ECA 2014 - Interview with: Vasantha Srinivas, Deputy General Manager, ECGC and Irene Dsouza, Senior Manager, ECGC.

ECA 2014 - Interview with: Vasantha Srinivas, Deputy General Manager, ECGC and Irene Dsouza, Senior Manager, ECGC.

Perspective
12 June 2014

ECA Finance industry survey 2014 - results

TXF and ANZ conducted an anonymous industry survey at the ECA/DFI Finance Conference in Paris last week. Delegates were each given a handset and asked to give a response...

Perspective
11 June 2014

Vitol Asia closes RCF oversubscribed

Energy trader Vitol Asia has closed its syndicated one year revolving credit facility (RCF). The facility was oversubscribed and closed at $1.87 billion.

Perspective
10 June 2014

Konecranes wins landmark Indonesian export order

Finland’s Konecranes has won a landmark export order with Indonesian state-owned port operator PT Pelabuhan Indonesia III (Pelindo III) for 11 automated rubber tired...

Perspective
10 June 2014

Intesa Sanpaolo and Sace combine to expand trade with China

Intesa Sanpaolo and Italian export credit agency Sace have signed an agreement to jointly support the export and internationalisation of projects in China being...

Perspective
10 June 2014

Paris exporters roundtable

After the success of the first roundtable last November in Paris, the day before ECA/DFI Finance in 2014, Henri D’Ambrieres and Maelia Dufour hosted a second roundtable...

Perspective
10 June 2014

Photos from TXF's ECA/DFI Finance in 2014

Last week in Paris, TXF welcomed close to 400 exporters, borrowers, ECA's, DFI's, banks and law firms to their second edition ECA/DFI Finance event.

Perspective
10 June 2014

Avolon to launch IPO in US

International aircraft leasing company Avolon has filed documents to the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO).

Perspective
10 June 2014

MIGA and OPIC combine for fund for African farmers

The US Overseas Private Investment Corporation (OPIC) and the Multilateral Investment Guarantee Agency (MIGA) have combined to provide a $350 million political risk...

Perspective
10 June 2014

SG launches Surecomp’s allTRA trade finance system in Singapore

Société Générale Corporate & Investment Banking (SG CIB) has launched Surecomp’s allTRA multi-entity Java trade finance system in Singapore.

Perspective
09 June 2014

Mizuho Americas appoints regional heads

Mizuho Bank Americas has bolstered its trade offering with the appointment of regional heads within the global trade finance division (GTFD) of the bank.

Perspective
09 June 2014

HSBC veteran appointed head of GTRF

HSBC veteran Stuart Tait has been selected to take over as head of the bank’s global trade and receivables finance (GTRF) division, replacing James Emmett. Emmett will...

Perspective
09 June 2014

Equinox Global launches Netherlands operations

Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has opened an office in the Netherlands. The new office will be headed-up by Frank...

Perspective
09 June 2014

Allianz Specialty expands London underwriting team

Allianz Global Corporate & Specialty (AGCS) has expanded its London team with the appointed of Hayden Baker as senior financial institutions (FI) underwriter, regional...

Perspective
09 June 2014

JB's weekly round up - 09 June 2014

Discussions in the plenary and side sessions at the TXF ECA/DFI Conference in Paris last week were thoughtful and direct.

Perspective
06 June 2014

Norton Rose expands trade finance team in Paris

International law firm Norton Rose Fulbright has expanded its Paris banking and finance practice with the hiring of Janet Butterworth, as a partner.

Perspective
06 June 2014

Glencore signs annual mega-RCF

Commodity trading group Glencore Xstrata (Glencore) has signed its annual revolving credit facilities for a total amount of $15.3 billion.

Perspective
06 June 2014

EBRD and FMO to finance Georgia’s Wissol Petroleum through A/B structure

The European Bank for Reconstruction and Development (EBRD) has arranged a $65 million syndicated loan to its longstanding client, Wissol Petroleum Georgia (Wissol) to...