Belgium-headquartered shipping group Euronav has signed a new $410 million senior secured amortising revolving credit facility. It was used to refinance a $500 million...

Bank GPB International SA, a member of the Gazprombank group, has chosen the MIT's trade finance platform to boost development of its commodity trade finance business...

Sau Paulo-based Biosev, Louis Dreyfus' sugar producing unit, is considering options - including a follow-on equity offering of up to $620 million - in a bid to trim...

The Asian Development Bank (ADB) hit a record high of $31.5 billion in 2016 for operations in Asia and the Pacific - a 17% rise from $26.9 billion in 2015.

The Seam, a US commodities and agribusiness software provider, is working with IBM on a blockchain consortium for the billion dollar global cotton industry deployed on...

The SWIFT Institute has released a new paper focusing on the transformation of UK clearing and settlement processes in the 1990s. It also proposes a framework for...

Germany's KfW IPEX-Bank led a syndicate of banks guaranteeing a contract awarded to Brazilian group Andrade Gutierrez Engenharia to complete the expansion and...

BNDES, Brazil's state development bank, has agreed a $115 million loan with Italian power company Enel to cover part of the required investment to develop the 102MW...

The China-led Asian Infrastructure Investment Bank (AIIB) is open to incoming US president Donald Trump signing the country up as a member - after being snubbed by Barack...

DFI loans and a rare untied UFK covered loan have enabled commercial banks to push the tenor on CBG’s Sangaredi mine expansion financing in Guinea.

Smithfield Foods, one of the US’s largest pork producers, is purchasing grains and grain elevators directly from farmers and steadily removing traders from parts of their...

Cofco has suffered a blow after Matt Jansen resigned as chief executive of its global commodity trading unit, China-based Cofco Agri, after less than two years in the...

The Development Bank of the Philippines (DBP) has appointed Cecilia Borromeo as its new chief executive officer and president. The former Land Bank of the Philippines...

Export Development Canada (EDC) is to provide half of Calgary-based International Frontier Resources (IFR) performance bond for work in Mexico. EDC will provide 50% of a...

Brazilian state-run oil group Petrobras has unveiled plans to focus on oil and gas in the next five years and sell $21 billion in assets by 2018. The group also plans to...

BNDES, Brazil's state development bank, will focus its loans on areas of high social impact, from infrastructure to healthcare and education. It will also raise the...

The African Development Bank (AfDB) has approved an $8.4 billion borrowing programme for 2017. The money will be raised from capital markets by issuing bonds in local...

US-based working capital finance solutions group PrimeRevenue has hired Erik Laird as senior vice president, global head of sales. He joins from RiskIQ.

HEXIM and EDC partnered for the first time to co-finance PLN's development of eight GE-supplied mobile power plants in Indonesia. TXF understands the pricing reflects the...

Commodity trader Vitol has secured the first major contract between a trader and Iran since the easing of EU sanctions in early 2016. The agreement continues the trading...