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Perspective
09 December 2014

Deutsche arranges largest Chinese structured commodity deal to date

Deutsche Bank has arranged a $1.5 billion pre-payment loan for China’s Tangshan Iron & Steel Group (Tangsteel), in a transaction which is the largest structured commodity...

Perspective
08 December 2014

Greece’s Alpha Bank raises finance through ship securitisation

Alpha Bank of Greece has successfully completed a major shipping securitisation transaction. The transaction is the first of its kind for many years from a Greek...

Perspective
08 December 2014

Citi arranges financing for Vietnam electricity transmission

Citi has structured an export credit agency-backed financing package for the construction of electric power transmission projects in the south of Vietnam.

Perspective
08 December 2014

Sovcomflot secures 10-year limited recourse facility

Russia’s Sovcomflot (SCF Group) has secured a new credit facility with European banks, providing the shipping company with vital funds and a healthy 10-year tenor.

Perspective
08 December 2014

Inventory finance and a view on Qingdao

The investigation into falsified warehouse receipts, the warehouse lock-down and fraud investigation against Decheng Mining (and others) in the Chinese port of Qingdao...

Perspective
05 December 2014

Scorpio Bulkers signs loan agreement with ABN and Cexim

Scorpio Bulkers announced today that it has signed provisional agreements with ABN AMRO Bank and The Export-Import Bank of China (Cexim) in respect of a loan facility of...

Perspective
05 December 2014

Atradius reveals key payment practice concerns for APAC region

Trade credit insurer, Atradius has released its report on the payment practices and behaviour of businesses in the Asia Pacific (APAC) region.

Perspective
05 December 2014

Barclays makes new appointments to trade and working capital team

Barclays has appointed Nick Littleford and Paul Woodward as co-heads of large corporate sales finance organisation, UK and Ireland, within the trade and working capital...

Perspective
04 December 2014

Gunvor finally closes oversubscribed global RCF

Gunvor Group has finally closed a $1.09 billion revolving credit facility (RCF) in favour of Gunvor International and Gunvor SA acting as the borrowers. The facility was...

Perspective
04 December 2014

SACE guarantees UniCredit loan for IMR Automotive

UniCredit is providing the Italian producer of automotive components, IMR Automotive (IMR), with a €2 million ($2.46 million) loan, which is insured by Italian export...

Perspective
03 December 2014

Ethiopian Airlines closes first sharia compliant loan

Ethiopian Airlines has closed a 12-year, $100 million loan from Bahrain’s Islamic investment bank, Ibdar Bank, and Canada’s export credit agency (ECA), Export Development...

Perspective
03 December 2014

Beazley opens office in the Middle East

The London-based specialist insurer, Beazley Group (Beazley), has announced it will open an office in the Dubai Financial Centre (DIFC) to underwrite political risk,...

Perspective
03 December 2014

Middle Eastern banks lead loan facility for Afreximbank

The African Export-Import Bank (Afreximbank) has closed a two-year, $250 million term loan facility with a club of predominantly Middle Eastern banks.

Perspective
02 December 2014

Egypt’s EGPC signs syndicated loan with local and foreign banks

An international and local bank syndicate has signed a major loan with the Egyptian General Petroleum Corporation (EGPC) – the country’s national oil company, designed to...

Perspective
02 December 2014

Sekerbank becomes first issuing bank in Turkey under the EBRD’s TFP

Sekerbank has become the first issuing bank under the European Bank for Reconstruction and Development (EBRD’s) Trade Facilitation Programme (TFP) in Turkey.

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...