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29 November 2013

Gilles Sayer joins Essar group

Structured commodity financier Gilles Sayer has joined Essar as managing director of Peak Trading Overseas, a wholly-owned subsidiary of Essar Global Fund. In this...

29 November 2013

Italy’s Sace opens Mexico City office

Italian export credit agency (ECA) and insurance and financial group Sace, has opened a representative office in Mexico City. The ECA says that the move comes about due...

28 November 2013

Mechel receives first tranche for the Elga coal complex

Russian mining and metals company Mechel, has received the first tranche of the project financing for the Elga Coal Complex’s first stage of development. The company is...

28 November 2013

StanChart arranges loan for Chinese wastewater plant

Standard Chartered (StanChart) has structured and closed a S$45 million ($35.8 million) senior debt facility for United Envirotech Water (Changyi) Company (UE Water) to...

28 November 2013

Russia’s Inter RAO gets power loan from EBRD

Russia’s Inter RAO group is to receive funds from the European Bank for Reconstruction and Development (EBRD) to construct a gas-fired power station in Russia’s...

28 November 2013

Bolero and China Systems establish strategic partnership

Bolero International and China Systems, a leading trade services solutions vendor, have established a strategic partnership designed to assist clients involved in trade...

27 November 2013

US Ex-Im provides direct loan for Costa Rican wind project

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos (Orosi) to support the export of...

27 November 2013

EBRD finances trolleybuses for Kyrgyz capital

The European Bank for Reconstruction and Development (EBRD) is supporting the revival of the Kyrgyz capital’s trolleybus service with the arranging of a financing...

26 November 2013

Mercuria signs Asian revolver

Mercuria Energy Trading and Mercuria Asia Group Holdings have signed, as joint borrowers, the group’s latest Asian-centred revolving credit facilities (RCF) finalised at...

26 November 2013

HSBC makes senior appointments in Asia-Pacific commercial banking

HSBC has made a series of senior appointments in its Asia-Pacific commercial banking team. Sanjay Prakash has been appointed head of commercial banking, international...

26 November 2013

WFW recruits new partner for in London

Watson, Farley & Williams (WFW) has appointed Joe Levin as partner in its London office. Levin previously held the position of director of the energy and...

26 November 2013

Russian-Italian investment platform launches

The Russian Direct Investment Fund (RDIF) and Fondo Strategico Italiano (FSI) today signed a landmark agreement to establish a €1 billion ($1.36 billion) Russian-Italian...

26 November 2013

Sace and Russia’s VEB sign cooperation agreement

The Italian export credit agency Sace and Russia’s Vnesheconombank (VEB) have signed a cooperation agreement to facilitate economic relations between Italy and the...

25 November 2013

Chilean Antucoya copper mine financing revealed

Full details of the Chilean Antucoya copper mine financing have been revealed with commercial banks declaring their takes in the $650 million project financing.

22 November 2013

Rio Tinto signs refinancing facilities

Rio Tinto, the world’s second largest mining company has signed new loan facilities amounting to $7.5 billion to refinance its existing bank debt. The new loan...

22 November 2013

Evraz secures mining funds through VTB Bank

Russian metals and mining company Evraz has signed loan agreements with VTB Bank for the development of its Urals iron ore mining operations. The borrower is Evraz’s...

21 November 2013

Eastern Europe outlook - Economic diffusion: the effects of the eurozone crisis on Eastern Europe

Eastern European growth has laboured as a result of the eurozone crisis. Yet overall economic growth continues to surpass that of Western Europe, says Per Fischer, head...

21 November 2013

Citi and Santander partner for trade securitisation

Citi and Santander have partnered to issue Trade MAPS 1 - an asset-backed securitisation (ABS) debt issuance backed by trade finance assets. The two institutions will...

21 November 2013

Uralchem signs debut unsecured loan

Russian mineral fertiliser producer Uralchem has signed a new, $200 million, five-year unsecured syndicated loan. This is the debut unsecured syndicated loan for the...

20 November 2013

ECA-backed aircraft finance expected to decline

The aviation industry will take delivery of $3.5 trillion of new commercial jets aircraft over the next 20 years, with an average of $125 billion of funding required over...