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01 November 2018

Talen Energy Supply syndicates refi set for bond buy back

Talen Energy’s LMBE-MC HoldCo II unit is syndicating a seven-year $475 million term loan B and five-year $25 million revolving credit facility...

01 November 2018
in
Renewables

Aioi Bioenergy agrees project debt for biomass conversion

Aioi Bioenergy Corporation – a joint venture between Mitsubishi and Kansai Electric Power (KEPCO) – has reached an agreement with lenders for a non-recourse...

01 November 2018
in
Infrastructure, Power, Transport

Ethiopia announces $7bn worth of Road and Power Projects

The Office of Public-Private Partnership Ethiopia has announced three road and 14 power supply projects totalling $7 billion. The power projects are a-469MW...

01 November 2018

Lowenstein Sandler starts trade practice with team from Baker Donelson

Lowenstein Sandler has launched a global trade & policy practice led by trade attorney Doreen Edelman. Edelman arrives as a partner in Washington from Baker Donelson,...

01 November 2018

EBRD: No-deal Brexit would hit south-eastern European economies hardest

A departure of the UK from the EU with no agreements on trade and investments - a no-deal Brexit - would hit south-eastern European countries hardest among the...

01 November 2018

EBRD: No-deal Brexit would hit south-eastern European economies hardest

A departure of the UK from the EU with no agreements on trade and investments - a no-deal Brexit - would hit south-eastern European countries hardest among the...

01 November 2018

The view from Asia: Preparing for globalisation mark two

Farooq Siddiqi, global head of trade and Samuel Mathew, global head of documentary trade at Standard Chartered talk to TXF in Singapore about the big picture of...

01 November 2018

High Court provides guidance on effectiveness of sanction exclusion language

After a tumultuous year in the Iranian sanctions landscape, much needed guidance is starting to trickle down through the English courts as to the scope and application of...

01 November 2018

EBRD: Recovery on track in most emerging economies but risks persist

The economic recovery remains on track in most of the countries where the European Bank for Reconstruction and Development (EBRD) invests but risks persist from global...

01 November 2018

HFW hires senior infra partner Richard Lucas to Abu Dhabi office

Law firm HFW has expanded its Middle East practice with the hire of senior infrastructure partner Richard Lucas. He joins HFW's newly launched Abu Dhabi office...

01 November 2018

JICA agrees five project finance loans with India

The Japan International Cooperation Agency (JICA) has signed loan agreements with India for a total of up to JPY246.942 billion for five projects. The projects are:...

01 November 2018

Banks mandated for Croatia's Zagreb airport refi

Sponsors of Croatia's Zagreb Airport – Bouygues Batîments (20.77%), Aeroports de Paris Management (20.77%), Marguerite Fund...

01 November 2018
in
Chemicals/Petrochemicals

Lundin Petroleum given notification of possible fine amid Sudan investigation

Stockholm-headquartered Lundin Petroleum has received notification from the Swedish Prosecution Authority that it may be liable to a corporate fine and forfeiture of...

01 November 2018

Yapı Kredi secures dual currency trade on-lending facility

Turkey's Yapı Kredi has signed an agreement for a 367-day dual tranche syndicated loan of $275 million and €691 million from 27 institutions from 13 countries....

01 November 2018

HSBC, StanChart help launch HK blockchain trade finance platform

A new blockchain-based trade finance platform, developed by HSBC, Standard Chartered, and 10 other banks, has been launched in Hong Kong. HSBC said the platform,...

01 November 2018
in
Renewables

FMO calls for fair pricing of solar energy projects

Dutch development bank FMO has warned that the sharp decline in solar energy prices - which has broadly been welcomed as helping to bring affordable and sustainable power...

01 November 2018
in
Metals and Mining

Glencore raises coal cost savings forecast by 50%

Recent mine acquisitions have helped Glencore achieve 50% more cost savings in its coal business than it had targeted, the world’s biggest exporter of coal for...

01 November 2018
in
Renewables

PCR reaches financial close on Del Bicentenario wind

Petroquimica Comodoro Rivadavia (PCR) has met conditions precedent and reached full financial close on a $108 million 15-year EKF-backed loan to finance...

01 November 2018

AIG appoints Peter Bilsby from Talbot as Global Head of Specialty

American International Group has appointed Peter Bilsby as global head of Specialty. Bilsby will report to Christopher Townsend, chief executive officer of AIG General...

01 November 2018

Hammond announces extra £2bn funding for UKEF

Chancellor Philip Hammond has announced an additional £2 billion for UK Export Finance (UKEF's) direct lending for overseas buyers of British goods and...