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31 July 2017

Three more Chinese banks joint SWIFT gpi

Three local Chinese commercial banks - Yinzhou Bank, Bank of Ningbo and Bank of Jiangsu - have joined SWIFTs global payments innovation initiative (gpi), bringing the...

31 July 2017

Debt departure: Budapest airport refi cuts costs

Budapest’s Ferenc Liszt airport has battled back to secure an extended, cheaper debt package for a recent refinancing. The new facilities, with a pool of international...

31 July 2017

NSW gives permission for 100MW Metz Solar Farm

The New South Wales government has approved the $130 million PV project being developed by Infinergy Pacific east of Armidale, in the Northern Tablelands region.

31 July 2017

Singapore SMEs take longer to pay debts

Singapore SMEs are taking longer to pay their debts, with the percentage of debt paid on time falling in Q2 to a two-year low of 37%, according to DP Information Group....

31 July 2017

Sumitomo team set for Bangladesh power and port project

The five-member Japanese consortium will carry out a 1.2GW coal-fired power project in the Matarbari area and build Bangladesh's largest coal-receiving port. The Yen...

31 July 2017

Greece's Capital Product Partners seals $460m refinancing

Greece's Capital Product Partners has agreed a senior secured term loan facility of up to $460 million. HSH Nordbank and ING Bank were mandated lead arrangers and...

31 July 2017

BASF pilots blockchain-based shipment tracker

German chemical giant BASF has been working with blockchain start-up Quantoz and Internet of Things company Ahrma to trial a platform that uses blockchain technology to...

31 July 2017

South Korea names new trade minister

Kim Hyun-chong, a former top envoy who negotiated a free trade agreement (FTA) with the US, has been named as South Korea's new minister for trade at a time when...

31 July 2017

Louis Dreyfus to repay $350m bonds

Amsterdam-based Louis Dreyfus has given notice to holders that it intends to exercise the call option on perpetual bonds which were issued on 12 September 2012 for $350...

31 July 2017

RCL attracts cruise ship financing

Miami-headquartered Royal Caribbean Cruises (RCL) has secured financing for three new cruise ships with guarantees from French ECA Bpifrance Assurance Export. The...

31 July 2017

CDB issues SME credit line to Georgia's BasisBank

The China Development Bank has issued a $15 million credit line to Georgia's BasisBank to finance the country's small and medium-sized enterprises.

31 July 2017

Isabelle Laforgue, Nathalie Lomon join Coface board of directors

Isabelle Laforgue, chief transformation officer of Econocom, and Nathalie Lomon, chief financial officer of Ingenico, have been made independent directors of the board of...

28 July 2017

Bashing US Ex-Im continues to damage US exporters and industry

Anti US Ex-Im comments from the US is nothing new over the past couple of years, but the latest anti-blast coming from the Wall Street Journal is just plain wrong....

28 July 2017
in
Transport

Denver Airport renovation P3 concession progressing

Denver City Council has voted to progress negotiations with Ferrovial over the $1.8 billion Denver International Airport (DIA) Great Hall renovation 30-year P3...

28 July 2017
in
Renewables

Dragon Capital planning 40MW Vietnamese solar project

Dragon Capital plans to invest VND1 trillion ($45 million) in a 40MW solar project in the Mekong Delta city of Can Tho in Vietnam. A second 100MW phase will follow,...

28 July 2017
in
Renewables

Tadau issues first Malaysian green sukuk to fund solar projects

Tadau Energy has issued a RM250 million ($58.9 million) green sukuk - the first issue of its kind in Malaysia - to finance development of two solar PV plants in the state...

28 July 2017

Mirchandani joins White & Case

Project finance lawyer Dolly Mirchandani has joined White & Case's New York office after several years as a New York-based partner at Allen & Overy...

28 July 2017
in
Metals and Mining

Torex Gold refinances El Limon-Guajes project debt

Torex Gold Resources has closed a $400 million five-year amended and restated refinancing to replace construction financing for the El Limon-Guajes gold mining project in...

28 July 2017
in
Power

Back to the future: Refinancing launches for Indonesia’s Paiton

Indonesia’s economy is in rude health. Which means time for a refinancing for Paiton, the coal-fired power plant that always captures the zeitgeist in Indonesian power.

28 July 2017

NEXI adds more support to Navoiyazot fertiliser project

NEXI is to provide insurance to support a loan from Japanese lenders to cover the cost of Nexi's premium on cover for the project debt for the Navoiyazot...