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Perspective
30 June 2014

MIGA insures loan for Kenyan power station

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, is to provide insurance for a loan...

Perspective
27 June 2014

Mercuria sees heavy oversubscription on RCF

Swiss-headquartered, energy trading company Mercuria Energy has signeda $2.65 billion revolving credit facility (RCF), with the oversubscription on the initial launch...

Perspective
27 June 2014

Case study: Financing Santo Domingo’s Metro

As the most extensive urban metro system in the Caribbean and only the second in existence, Santo Domingo’s Metro is an ambitious programme to modernise transport...

Perspective
27 June 2014

Finnvera gets expanded scope to support export financing

Finnish export credit agency (ECA), Finnvera, has announced that in future it will have better possibilities to participate in the export-related financing arrangements...

Perspective
27 June 2014

Rusal refinancing arrangement may need legal push

Russian aluminium producer Rusal reports that it has made significant progress in reaching full agreement with its creditor group over the terms of refinancing of its...

Perspective
26 June 2014

ICC delivers positive message for global trade finance

TXF talks to Kah Chye Tan, chairman of the ICC Banking Commission, on the results and meaning of the industry group’s latest trade finance default survey.

Perspective
26 June 2014

Ex-Im: US facing ‘unprecedented levels of competition’

An aggressive ramping up of export credit activity by major ECAs and the increasing participation by non-OECD members in the financing space traditionally occupied by the...

Perspective
26 June 2014

Tony Elumelu: Vision for Africa

Tony Elumelu is chairman of Nigeria-based investment company Heirs Holdings and conglomerate Transcorp. He is also founder of the Tony Elumelu Foundation, a philanthropic...

Perspective
26 June 2014

Finacity facilitates CreditCircle loan origination programme

Finacity has acted as advisor to CreditCircle, a peer-to-peer loans specialist, in a loan origination programme recently closed between CreditCircle and a regional bank...

Perspective
26 June 2014

Kenyan horticulture gets boost through Proparco funds

Sustainable horticultural production in Kenya has received a boost with new funding from development finance institution Proparco.

Perspective
25 June 2014

Mitsubishi gets JBIC loan for Peruvian copper purchase

Japan’s largest trading company, Mitsubishi Corporation, has secured a $390 million direct loan from the Japan Bank for International Cooperation (JBIC) to partially...

Perspective
25 June 2014

KfW finances flow of iron ore from Canada

German export credit agency KfW IPEX - Bank is providing finance for the supply of raw materials into Germany and the rest of Europe in the form of a $100 million loan...

Perspective
25 June 2014

Mizuho and JBIC combine for Indonesian hydro project

Mizuho Bank and the Japan Bank for International Cooperation (JBIC) have combined to provide financing for the Rajamandala Hydro Power Plant Project in Indonesia.

Perspective
25 June 2014

Willis appoints veteran trade banker to lead Australian practice

Global risk adviser, insurance and reinsurance broker Willis Group Holdings has appointed veteran trade finance banker Bill Froggatt to lead a political and trade credit...

Perspective
24 June 2014

Ukrainian poultry producer MHP secures loan from IFC

IFC is providing debt financing of up to $250 million to Ukrainian poultry producer Myronivsky Hliboproduct (MHP). The loan will be used to help the company expand its...

Perspective
23 June 2014

IFG’s industry report shows bright future for factoring

International Factors Group (IFG) has released its annual global industry activity report (GIAR).

Perspective
20 June 2014

Uralkali signs debut unsecured club facility

Russian potash producer has signed a $450 million, unsecured club loan with five international banks.

Perspective
20 June 2014

Raiffeisen Factoring secures loan for Croatia through the EBRD

Raiffeisen Factoring is to receive a €20 million ($27.2 million) loan from the European Bank for Reconstruction and Development (EBRD), which the company will use to...

Perspective
19 June 2014

ICC Trade Register Report 2014 provides robust data to benefit global trade

Today, the International Chamber of Commerce (ICC) released its Trade Register Report 2014. The empirical evidence from the report points to the fact that trade and...

Perspective
18 June 2014

UKEF adds support structure for RMB with HSBC agreement

UK Export Finance (UKEF) has added the offshore renminbi (RMB) to its list of supported currencies as it looks to structure its first renminbi supported deal.