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30 April 2018
in
Oil & gas

ENH hires advisors for $2bn gas projects refinancing

Mozambique’s national oil company Empresa Nacional de Hidrocarbonetos EP (ENH) has hired two advisers for the $2 billion fund raise to...

30 April 2018
in
Infrastructure, Transport

Vinci's A355 French motorway concession refinanced

The Vinci Group subsidiary Arcos has finalised the financing of its 54-year concession for the A355 motorway which bypasses Strasbourg with soft mini perm loans...

30 April 2018

Pinsent Masons appoints head of Joburg office

International law firm Pinsent Masons has promoted partner George Sibanda to the role of head for its Johannesburg office. The office was opened in February 2017 and...

30 April 2018
in
Power, Renewables

KGAL ESPF 4 fund's second closing reaches €382m

The KGAL ESPF 4 fund has attracted €127 million of commitments from German, British, French and Dutch institutional investors for its second closing. Total...

30 April 2018
in
Power, Renewables

Credit Agricole completes first syndicated green loans in US

Credit Agricole CIB has completed its first syndicated green loan transactions in the US with renewable energy developers worth a total of $419 million. A $175m...

30 April 2018
in
Renewables

Germany awards six offshore wind projects

The German federal network regulator, Bundesnetzagentur, has selected six offshore wind projects in its second auction. The winning bids were submitted by Baltic Eagle,...

30 April 2018

Trafigura raises RMB 500m panda bond

Trafigura Group Pte successful raises a RMB 500 million bond issued in China’s mainland debt market (“panda bond”). This is the first tranche...

30 April 2018
in
Infrastructure, Transport

DHT refinances 13 VLCCs

DHT Holdings has closed a $485 million six-year secured credit facility agreement for the refinancing of 13 VLCCs. The refinancing is priced at 240bp over Libor and will...

30 April 2018
in
Telecoms and Communications

Globalstar reaches agreement with satellite lenders

Thermo Capital, owner of satellite operator Globalstar, is merging the company with a landline operator it owns – FiberLight – in a $1.65 billion deal...

30 April 2018

Ripple picks up five new customers for xVia

Ripple has won five new customers – FairFX, RationalFX, Exchange4Free, UniPAY and MoneyMatch – for its xVia payments product. xVia is...

30 April 2018
in
Renewables

IFC and EBRD back first Lebanon green bond issue

The EBRD and IFC have taken $15 million and $45 million respectively of a $60 million green bond debut by Fransabank – the first green bond issue in Lebanon and...

30 April 2018
in
Infrastructure, Transport

EU approves Italian toll road extensions

The European Commission has approved, under EU State aid rules, plans to extend two Italian  motorway concessions by four years. The plan is designed to enable the...

27 April 2018

New EBRD investor survey aims to unlock growth potential

The first study of investor base in EBRD economies should help shift towards capital market financing. A new report led by the European Bank for Reconstruction and...

27 April 2018
in
Power

Cometa Energia: Actis learns a lesson in Mexican energy reform

The bond refinancing of Actis’ acquisition of InterGen Mexico was pitched as a safe play in Mexico’s evolving energy sector. But reform, politics, and the assets’ age,...

27 April 2018

Citizens Bank picks Finastra to power trade finance

Citizens Bank, working with Infosys as its implementation partner, has selected Finastra to power the trade finance solution it offers to its corporate clients. This new...

27 April 2018
in
Oil & gas

PdV owes ConocoPhillips $2bn

An international arbitration tribunal ruled this week that Venezuelan state-oil company PdV owes ConocoPhillips $2 billion as part of fallout from the 2007 expropriation...

27 April 2018
in
Oil & gas

Oil traders retreat as Trump threatens to drop Iran's nuclear deal

Some oil traders are already steering clear of doing business with Iran as US president Donald Trump signals he’ll ditch the nuclear deal with OPEC’s...

27 April 2018

BBVA issues $91m loan using two blockchains

BBVA has issued a pilot €75 million ($91 million) corporate loan using two different blockchain technologies. The Spanish bank's exploration of...

27 April 2018

Singapore court halts Noble Group's shareholder meeting

A Singapore court blocked commodity trader Noble Group from holding its annual meeting of shareholders on Monday, in response to legal action taken by dissident...

27 April 2018

Habib Metro appoints new CEO

Pakistan-based trade finance provider Habib Metropolitan Bank has appointed Mohsin A Nathani as president and CE with effect from April 23. Nathani is a seasoned senior...