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18 April 2018
in
Infrastructure, Transport

Vietnam terminates pilot PPP expressway project

The Vietnamese Prime Minister has terminated the Dau Giay-Phan Thiet Expressway project which was the first project in the country to be developed under a PPP model....

18 April 2018

Freedium unveils first commodities-backed digital stable currency

Freedium, a company establishing a presence at the Dubai Multi Commodities Centre (DMCC), has launched the first commodities-backed digital stable currency tracking the...

18 April 2018
in
Renewables

GUVNL cancels 500MW auction results

Gujarat Urja Vikas Nigam Ltd (GUVNL) has cancelled the reverse auction for 500MW of solar capacity that was held on March 28. No official reason was given for the...

18 April 2018
in
Oil & gas

Range Resources announces $4bn RCF

Texas-based petroleum and natural gas exploration and production company Range Resources has renewed and extended its revolving credit facility. The new five-year...

18 April 2018
in
Renewables

Eco Energy World opens Madrid office

International developer Eco Energy World (EEW) has opened an office in Madrid with plans to develop and construct 600MW of subsidy-free solar capacity in Spain over the...

18 April 2018
in
Agri/Soft Commodities

S&W nominates Cargill executive Alan Willits board of directors

California-based global agricultural company S&W Seed Company has announced the nomination of 38-year Cargill executive Alan Willits to its board of directors....

18 April 2018

Denmark’s PKA names managing partners for 2 new divisions

PKA named managing partners for its private equity and infrastructure businesses that are splitting from its alternatives division. Anette Eberhard was named managing...

18 April 2018

IADB launches largest-ever bond

The Inter-American Development Bank (IADB) has priced a new $4 billion, three-year global issue - its largest bond ever. The transaction pays a semi-annual coupon of...

18 April 2018

Australian firms struggle with domino effect of supplier collapse

Most Australian businesses have suffered financially when a business partner or supplier collapses, according to a survey by My Business. The survey of 184 professionals...

17 April 2018
in
Metals and Mining

Aluminium hits highest since 2011 amid supply concerns, weaker dollar

Aluminium prices rallied to their highest since 2011 on Monday as the dollar fell and Rio Tinto declared force majeure on some customer contracts after the United States...

17 April 2018

Noble seeks to bring founder Richard Elman back to the board

Richard Elman, the founder of troubled Hong Kong-headquartered commodities trader Noble Group, could be in line for a shock return to the company's board. Noble,...

17 April 2018
in
Oil & gas

NNPC/SPDC RFP deadline set for end of the month

Shell Petroleum Development Co (SPDC) and its joint venture partner Nigerian National Petroleum Corporation (NNPC) are out to the loan market again with a...

17 April 2018

Regina Bruni joins MUFG trade finance team

Mitsubishi UFJ Financial Group has hired Regina Bruni to its Transaction Banking's Trade Finance team as a Director. She will be based in New York City and be...

17 April 2018

Olam launches supply chain tool AtSource

Singapore-headquartered agribusiness Olam International has launched its new sustainable sourcing solution - AtSource. It allows manufacturers to be able to trace...

17 April 2018
in
Power

Gunvor: Huge market interest in BP, Shell blockchain energy trading project

A project to modernise physical energy post-trade processes using blockchain technology backed by BP, Shell and Statoil has prompted huge market interestm according to...

17 April 2018
in
Agri/Soft Commodities

Sucden cocoa boss Chambers stops trading after 50 years

Derek Chambers, the head of cocoa at Sucres et Denrees (Sucden), ended his involvement in front-line trading this month after a career spanning half a century. He's...

17 April 2018

Gunvor Singapore out for annual refi

Gunvor Singapore is out to banks with its annual refinancing - a $800 million revolving credit facility (RCF). The deal, which has a dual-tranche structure...

17 April 2018
in
Oil & gas

Corpus Christi LNG out to banks for $6bn

Cheniere Energy is out to banks to refinance the remaining $4.6 billion of debt on its Corpus Christi natural gas liquefaction trains 1 and 2 in Texas. The $6 billion...

17 April 2018
in
Agri/Soft Commodities

Cocobod’s annual financing RFP deadlines extended

Ghana Cocoa Board (Cocobod) has extended the deadline for responses to its recenntly issued RFP for its annual refinancing from 17 April to 26 April. The bank list...

17 April 2018
in
Metals and Mining

Victoria Gold closes financing of Eagle Gold project

Victoria Gold has closed the financing of the Eagle Gold Deposit at its Dublin Gulch gold property in the central Yukon Territory, Canada. Orion will provide a $75...