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09 May 2017

Treasury and risk management still top CFOs' priorities

The trend towards a more strategic business role for chief financial officers appears to be a myth, with recent studies by Deloitte and EY suggesting that most still...

09 May 2017

Magnolia LNG receives FERC site preparation OK

Australian developer Liquefied Natural Gas Ltd has now received all the necessary permits for its Magnolia LNG export terminal project in Lake Charles, Louisiana. The...

09 May 2017

FHL teams up with Kyriba for cloud-based treasury solutions

UK cloud solutions provider FHL has agreed to form a channel sales partnership with Kyriba, a US-based treasury, cash and risk management tech vendor. They will team up...

09 May 2017

IDA approves $225m finance for Tajikistan hydro rehab

International Development Association (IDA) funding for the first phase of the 3GW Nurek hydro rehabilitation will comprise of 25% grants and 75% loans. The Asian...

09 May 2017

Invoice Bazaar: Ex-Citi chairman invests and joins advisory board

Dubai-based fintech supply chain finance platform Invoice Bazaar has announced an undisclosed investment from Shirish Apte, former CEO and chairman Asia Pacific of...

09 May 2017

WorldFirst launches international payments platform for SMEs

London-based WorldFirst has launched a multi-currency international payments platform for SMEs and online sellers. Called World Account, it will be available in the UK...

09 May 2017

Innergex acquires 120MW of French wind projects

Quebec-headquartered developer Innergex Renewables Energy and Canadian Desjardins Group Pension Plan have purchased three French wind farms from European wind operator...

09 May 2017

AfDB funds plan for 20MW Zimbabwean rooftop solar project

Zimbabwean investment company Oxygen Energy Private Limited has received a grant from the African Development Bank's (AfDB) Sustainable Energy Fund for Africa to look...

09 May 2017

Capital Business Credit rebrands as White Oak Commercial Finance

Capital Business Credit, the finance lender and provider of asset-based loans, factoring and trade finance products, has been rebranded as White Oak Commercial Finance....

09 May 2017

Scott Garrett wanted to close US Ex-Im. Now he may run it

As a then Republican congressman from New Jersey, Scott Garrett once criticised his colleagues for resurrecting the Export-Import Bank of the United States (US Ex-Im),...

09 May 2017

Garanti Bank closes €1.25bn syndicated loan

Turkey's Garanti Bank has closed a €1.25 billion equivalent syndicated loan facility. It comprises of a $468 million and €805.5 million dual tranche 367-day...

09 May 2017

AIIB approves first loan to India

The Asian Infrastructure Investment Bank has approved a $160 million loan for a power project in India. The investment will help fund a power distribution system as part...

09 May 2017

Bibby appoints Mike Fairey as non-executive director

Bibby Financial Services has appointed Mike Fairey as non-executive director. His career, spanning over 50 years, includes executive and non-executive roles throughout...

09 May 2017

ADM buys controlling interest in Israel's Industries Centers

US-based trader Archer Daniels Midland (ADM) has agreed to buy a controlling interest in Industries Centers, an Israeli company specialising in the import and...

09 May 2017

CBI and Sinosure agree deal to insure Iranian projects

The Central Bank of Iran (CBI) and China Export & Credit Insurance Corporation (Sinosure) have signed a memorandum of understanding that will see Sinosure supply...

09 May 2017

NIB launches new green project loan facility with China

The Nordic Investment Bank (NIB) and China's Ministry of Finance have agreed to launch a new €150 million loan programme to finance environmental improvements...

09 May 2017

Puma Energy refinances $730m RCFs

Singapore-based oil group Puma Energy has successfully closed its new one-year revolving credit facility totalling $400 million, in addition to extending and increasing...

09 May 2017

Perfect 10 Sangaredi: High tenor and pitched perfect - a TXF ECA/project finance Deal of the Year

DFI loans and a rare untied UFK covered loan enabled commercial banks to push the tenor on CBG’s Sangaredi mine expansion financing to 15 years - a record for Guinean...

08 May 2017

Metalloinvest closes new PXF financing

Metalloinvest has reached financial close on its latest pre-export financing – a $1.05 billion dual tranche facility with an option to draw an additional $450...

08 May 2017

Acron closes on $750m PXF refi

Acron has closed a $750 million structured pre-export finance facility to refinance the outstanding balance ($ 468.2 million) from its 2014 PXF and for general corporate...