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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...

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...

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.

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.

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),...

17 March 2014

Investec closes Air India financing

South African headquartered bank Investec has closed a major financing, including senior debt guaranteed by the Export-Import Bank of the United States (US Ex-Im), to Air...

17 March 2014

JB's weekly round-up - 17 March 2014

We are delighted to announce the results of our “Perfect 10” – the 2013 Deals of the Year. We received in excess of 150 submissions and so whittling so many fantastic...

17 March 2014

Wilmar signs upsized RCF

Asia’s leading agribusiness group Wilmar has closed a $2.49 billion revolving credit facility (RCF) with a club of international banks.

14 March 2014

Norway's PGS to acquire Japanese vessels with ECA finance

One of Norway’s leading marine services providers, Petroleum Geo-Services (PGS), has secured export finance from Japan Bank for International Cooperation (JBIC) and...

11 March 2014

Equinox Global strengthens London team

Trade credit insurance specialists ~Equinox^ Global have expanded their London team, hiring John Joseph as a senior credit analyst with immediate effect. Equinox reported...

11 March 2014

Deutsche appoint Anthony Lin China head of corporate bank

Deutsche Bank has appointed Anthony Lin as China head of corporate banking and head of trade finance & cash management for corporates (TF/CMC). Lin, who takes up the new...

07 March 2014

Major banks to take SWIFT action on KYC compliance

A group of major banks have joined forces with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to collaborate on the development and use of a new...

05 March 2014

EBRD pledges huge financial support for Ukraine

The European Bank for Reconstruction and Development (EBRD) has demonstrated its support for crisis-hit Ukraine with a pledge to invest at least €5 billion in the country...

05 March 2014

US Ex-Im appoints James Burrows SVP for small businesses

James Burrows has been appointed senior vice president for the small business group at the Export-Import Bank of the United States.

27 February 2014

Mobily inks new ECA deals for NSN and Ericsson equipment

Saudi Arabian telecommunications company Mobily (Etihad Etisalat) has agreed two new financings amounting to SAR2.1 billion ($560 million) backed by the export credit...

26 February 2014

EBRD and Nordea fund Oil & Gas Systems upgrades

The European Bank for Reconstruction and Development (EBRD) has joined forces with Nordea Bank to support a €123 million ($170 million) modernisation of two manufacturing...

24 February 2014

Crédit du Maroc receives trade finance boost from EBRD

The European Bank for Reconstruction and Development has provided a boost to Morocco’s export and import community in the form of a $40 million trade finance line to...

24 February 2014

Mississippi Silicon to construct metal plant with KfW financing

Germany’s KfW IPEX-Bank (KfW) is providing a $109 million loan to Mississippi Silicon for the construction of a silicon metal manufacturing plant in the United States....

24 February 2014

Ray Zabarte joins RBS as head of trade services

The Royal Bank of Scotland (RBS) has expanded its global transaction services division, appointing Ray Zabarte as its new head of trade services. Zabarte, who was...

21 February 2014

US Ex-Im guarantees landmark Apple Bank aircraft loan to MSFL

The Export-Import Bank of the United States has guaranteed a $300 million loan by the Apple Bank for Savings to China’s Minsheng Financial Leasing (MSFL) for the purchase...