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02 May 2017

Maersk Line and Hamburg Süd sale and purchase agreement approved

The sale and purchase agreement for Maersk Line's €3.7 billion acquisition of Hamburg Süd has been approved by the boards of Maersk Line and the Oetker...

02 May 2017

China's proposed 'Green' city gets $19bn CDB funding

China Development Bank (CDB) has provided a $19 billion loan for the country's planned new city for at least 2.5 million people in Hebei, south of Beijing. It is the...

02 May 2017

NIB finances Klaipedos Nafta’s LNG reloading station and oil terminal

The Nordic Investment Bank (NIB) and Lithuania's Klaipedos Nafta's AB have signed a €20.4 million loan agreement for the construction of a reloading station...

02 May 2017

Parsley Energy increases credit facility to $1.4bn

US-based oil and gas group Parsley Energy has increased the borrowing base on its revolving credit facility by 60% to $1.4 billion. The amendment also adds five new...

02 May 2017

Fieldfisher hires structured finance partner Dougall Molson

Law firm Fieldfisher has hired Freshfields Bruckhaus Deringer's former Paris finance head Dougall Molson. Based in London. the structured finance partner specialises...

02 May 2017

Perfect 10 Eurochem: More for less - a TXF commodity finance Deal of the Year

In September 2016, despite a BB- rating Russo-Swiss agrochemical producer EuroChem closed a tightly priced $800 million pre-export finance (PXF) facility, slicing 50bp...

02 May 2017

Afreximbank grants $300m to National Bank of Egypt to back industrialisation

The African Export-Import Bank (Afreximbank) has granted a $300 million financing facility to the National Bank of Egypt. It will support Egypt's Small and...

02 May 2017

DS-Concept opens new branch in Iceland

DS-Concept has opened a new branch in Iceland. The branch in Reykjavik will service its client base of trading companies and processors in the seafood and consumer goods...

01 May 2017

Russian pre-export: Debt costs and covenants lighten

With the imminent closing of a spate of refinancings, negotiations over pricing and terms on major deals in Russia’s PXF pipeline for H1 2017 appear to be reaching a...

01 May 2017

INA extends RCF by a year

Croatia-based oil company Industrija Nafte (INA) has extended an existing $300 million three-year revolving credit by a year. The deal will now mature in December 2019...

01 May 2017

Freepoint Commodities upsizes annual revolver

US-based Freepoint Commodities has closed its annual refinancing – upping the volume this year from $1.45 billion in 2016 to $ $2.1 billion. The debt provides...

01 May 2017

Borkum I and II offshore wind financings make headway

Trianel has selected the lender group for the refinancing of its 200MW Borkum I offshore wind project in Germany, and was expected to reach financial close on the...

01 May 2017

Perfect 10 Dongying Fangyuan: A well-placed SAFE bet - a TXF commodity finance Deal of the Year

The largest structured commodity trade finance syndication done by a chinese copper producer to date, Dongying Fangyuan made clever use of China’s SAFE rules to go...

01 May 2017

Nyrstar amends and extends borrowing base

Zinc and lead producer Nyrstar has secured a refinancing of its multi-currency revolving borrowing base facility with an increase in size. The Belgian company, rated...

01 May 2017

Old Harbour: Locally grown

Led by domestic banks and with no DFI support, the Old Harbour power project financing in Jamaica is testament to the ingenuity of local lenders.

28 April 2017

Opportunity of the day: Ebara and Burckhardt lined up as suppliers for Ningxia Baota's $712m LNG terminal

Ningxia Baota Petrochemical Group Company is looking to procure equipment from foreign suppliers for its $712 million liquefied natural gas (LNG) terminal project in...

28 April 2017

Two teams drop out of LA Automated People Mover PPP

Consortia led by Ferrovial and Plenary have withdrawn from the tender process for the Los Angeles International Airport project to link three onsite stations to the Metro...

28 April 2017

Cebu to Dipolog subsea connection proposal submitted

Independent power system operator National Grid Corp of the Philippines has submitted the proposal to the Energy Regulatory Commission. A Cebu to Dipolog...

28 April 2017

Luton Airport refinancing launched

Aena and AXA Private Equity, holders of the Luton Airport concession which runs until 2031, have launched a debt refinancing via RBS and Barclays. The...

28 April 2017

French funding for Senegal Dakar TER rail project

The government of France and the French Development Agency are to provide $215 million towards the project to build 57km rail line from the city centre to the new...