Russian coal producer SUEK (Siberian Coal Energy Company) is understood to be in the final stages of arranging a refinancing of its pre-export finance (PXF)...

The International Finance Corporation (IFC) is investing $100 million in the 720MW Karot run-of-river hydropower project in Pakistan. It marks IFC's first project...

The second phase of the refinery expansion calls for the construction of four production plants. Funding is expected to be 85 percent Korean.

The IFC is providing $100 million towards the 720MW  BOOT run-of-river hydro power project on the River Jhelum in Pakistan.  

Resource Generation (Resgen) has obtained a further $8.4 million to fund the Boikarabelo mine development in South Africa until project financing is secured. It extended...

Following a $1bn-plus loss turnaround in 2016, Noble is back in the debt market with a major refinancing of facilities closed last May. Can the struggling trader up its...

A partnership of French developer Neoen and First Solar have signed a 25-year PPA with Zambian national power utility ZESCO.  The 54MW PV project located in the...

The Export-Import Bank of China (China Exim) is set to finance the construction of a new regional airport in Pokhara, Nepal. The Civil Aviation Authority of Nepal is...

Hong Kong is set to invest HK$1.2 billion for a stake in the Asian Infrastructure Investment Bank (AIIB). The money will be paid in five installments.

US law firm McGuireWoods has hired project development and finance lawyer Tim Callahan as a partner in its energy industry team in Chicago. Callahan, who has closed more...

Société Générale has arranged a $227 million partially K-sure-backed facility with the state-owned Oman Shipping Company. The underwritten deal is indicative of strong...

Trade credit insurer Atradius has appointed executive Mike Thomas as the head of risk services and special products analysis for the UK and Ireland. He replaces Marc...

London-based Markel International has launched a surety offering, with Damian Manning hired to head the new team and David Chandler as senior underwriter. Manning joins...

The Nordic Investment Bank (NIB) rose its lending volume to a record high in 2016 on strong public infrastructure demand and reported a stable profit of €212...

Multinationals in Vietnam have received clearer guidance on transfer pricing compliance but putting them into practice will be challenging. The new rules provide tax...

The International Monetary Fund (IMF) has called on G20 members to avoid protectionism and to reduce external imbalances and halt policies that distort global trade....

Germany will press G20 members to sign off on a set of principles including global free trade at this week's meeting of the group's financial leaders. In a direct...

Citi has officially launched a new digital solution that eliminates the need for treasury and trade clients to carry physical tokens for login. Clients can now use an...

Global payments provider Equiniti has appointed six new staff, including Aftab Baig as head of fincrime compliance (interim), Thomas Campbell as business development...

Spain's Banco Bilbao Vizcaya Argentaria will use Fenergo's Client Lifecycle Management software across its corporate and investment banking divisions in Europe....