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Perspective
25 March 2014

HSBC appoints Nivison as business banking head

HSBC has appointed Stuart Nivison as the new global head of business banking. The move is designed to help improve services for small to medium-sized enterprises (SMEs)...

Perspective
24 March 2014

Financing signs for Kenya’s Lake Turkana Wind project

Project development company Lake Turkana Wind Power (LTWP) has signed the financing documents amounting to €623 million ($859 million) with a group of financial...

Perspective
24 March 2014

Enel signs loan with Santander for Mexican wind

Enel Green Power (EGP) has signed a €153 million ($211 million) loan agreement with Santander. The loan is associated with EGP’s investments in wind power in Mexico,...

Perspective
24 March 2014

Financing closes on Canada’s K2 Wind Power project

The C$850 million ($771.4 million) K2 Wind Power project in Ontario, Canada has reached financial close.

Perspective
24 March 2014

Banks jump onboard as Bunge revolver signs

Agricultural producer and trading company Bunge has signed its three year, $1.75 billion revolving credit facility (RCF). The transaction was initially launched in...

Perspective
24 March 2014

Stemcor boosted by new credit facility

Stemcor has secured a $1.15 billion syndicated loan from five lenders in what could be a major boost for the British steel trader. The facility follows a high court...

Perspective
24 March 2014

Roy Hill secures record mine project financing

The Roy Hill iron ore mining project has secured funding for $7.2 billion from a consortium of five export credit agencies (ECAs) and 19 international banks – the largest...

Perspective
24 March 2014

JB's weekly round-up - 24 March 2014

We are delighted that Doug Ziurys of FImetrix will be presenting the results of his annual survey of traders during a live webinar on 10 April 2014.

Perspective
21 March 2014

Afreximbank signs landmark syndicated loan

African Export-Import Bank (Afreximbank) has signed landmark loan facilities with a syndicate of international financial institutions totalling a massive $774 million.

Perspective
21 March 2014

Akbank signs syndicated loan for trade

Akbank has signed a $1.36 billion syndicated loan, which sees 35 international banks providing funds to the Turkish institution.

Perspective
21 March 2014

US Ex-Im signs major MoU with Philippines for energy projects

The Export-Import Bank of the United States (US Ex-Im) has signed a $1 billion Memorandum of Understanding (MoU) with the Philippine Department of Energy (DOE) that will...

Perspective
20 March 2014

Vitol turns to former UK energy minister Charles Hendry

Swiss energy-trader Vitol has appointed Charles Hendry, Conservative MP for Wealden and a former energy minister, as a consultant on a part time basis. Hendry will...

Perspective
20 March 2014

Metalloinvest signs PXF facility

Russian iron ore producer Metalloinvest has signed a $1.15 billion pre-export facility with a number of international banks.

Perspective
20 March 2014

UK budget outlines key role for UK Export Finance

UK businesses exporting products and services abroad have received a boost in the Chancellor’s budget, after the Direct Lending Scheme was doubled to £3 billion ($5...

Perspective
20 March 2014

ABN, Nordea and SEB arrange ship finance for Ardmore

Dublin-headquartered Ardmore Shipping Corporation (Ardmore) has signed a $172 million credit facility with mandated lead arrangers ABN AMRO, Nordea Bank (Finland), and...

Perspective
19 March 2014

JP Morgan to sell physical commodities arm to Mercuria Energy

JP Morgan has reached a definitive agreement to sell its physical commodities business to Mercuria Energy for $3.5 billion. The all cash transaction is expected to close...

Perspective
19 March 2014

Cosmos inks deal with GTAT to build polysilicon plant

Kuala Lumpur-headquartered ~Cosmos Chemicals Berhad^ has signed a $336 million technology and equipment deal with US-based GT Advanced Technologies (GTAT) for a...

Perspective
19 March 2014

essDOCS targets Asia Pacific with new Singapore office

essDOCS has opened a new office in Singapore, allowing the shipping and trading eDocs provider to expand its presence in the Asia Pacific region.

Perspective
18 March 2014

Nordgold agrees Sberbank facility for refinancing

Russian gold producer Nordgold has agreed a five-year $500 million loan facility with Sberbank which it will use to repay its existing debt facilities of $465.5 million.

Perspective
18 March 2014

Escondida copper mine receives EFIC support

Minera Escondida Limitada (MEL), the owner of the Escondida copper mine in Chile, has received a $100 million loan from Export Finance and Insurance Corporation (EFIC),...