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17 October 2016

Russia and India form $1bn investment fund

The Russian Direct Investment Fund and India's National Investment and Infrastructure Fund have formed a $1 billion partnership to boost trade and investment...

17 October 2016

RDIF and NDB in talks over Indian hydropower plant project

The Russian Direct Investment Fund (RDIF) and the New Development Bank (NDB) have discussed building a hydroelectric power plant in India. Kuwait, Saudi Arabia, China...

17 October 2016

White & Case hires Azar as project finance partner

Law firm White & Case has named Raymond Azar as a partner in its global project finance practice. He will be based in New York, focusing on the oil and gas,...

17 October 2016

Downgrades triggered by Brexit and falling oil revenues

Uncertainty surrounding the global economy is hitting the health of companies - with the shock of Brexit, coupled with falling oil revenues - causing downgrades in...

14 October 2016

Falvez Energy goes merchant to combine MW and MB

Bringing together data centre and wind farm development, and a merchant wind financing first in Texas.

14 October 2016

European ECAs propel the future of wind farm projects

In recent years, European ECAs and development institutions have been playing an increasing role in financing wind farm projects around the world. Their involvement is...

14 October 2016

Canadian Solar Japan secures PV project loan

Canada Solar's Japan subsidiary has sealed a $95 million three-year loan facility, with Sumitomo Mitsui Banking Corporation the lead arranger. It will be used to...

14 October 2016

India and Dubai banks complete blockchain trade finance transactions

India's largest private bank ICICI and Dubai-based Emirates NBD announced they have completed blockchain transactions for both trade finance and remittance...

14 October 2016

Euler Hermes: UK economy's calm before the storm

Trade credit insurer Euler Hermes warns resilience shown by the UK economy since the Brexit vote masks longer-term issues which will hit growth.

14 October 2016

Bank de-risking could hit trade finance

De-risking could affect foreign currency transactions by banks and accelerate the trade finance gap in Africa. The costs linked to anti-money laundering and compliance...

14 October 2016

HFW advises Panama Canal Authority on port project

The Panama Canal Authority is being advised by global law firm Holman Fenwick Willan on the development of a new container terminal, part of the wider Panama Canal...

14 October 2016

Olam secures $2bn debt refinancing

Singapore-based agri-trader Olam International has sealed a $2 billion revolving credit facility to refinance existing debt. The loan consists of three tranches.

14 October 2016

JBIC agrees loan to Mongolian print company

The Japan Bank for International Cooperation (JBIC) has agreed a loan to Mongolian print company Admon Print. Nippon Export and Investment Insurance backed a...

14 October 2016

Finacity's trade receivables securitisation for Mexican group

Finacity has launched a MXN$525 million IFRS off-balance sheet trade receivables securitisation for Valores Quimicos, a subsidiary of Mexican chemical company CYDSA.

13 October 2016
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Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

UPDATE: Floating rate not CIRR undercutting export finance market, says US Ex-Im senior exec

Direct lending by ECAs based on floating interest rates, rather than the CIRR equivalent, is the source of export finance bankers' discontent, says a US Ex-Im senior...

13 October 2016

Export financiers look to Indonesia for future growth

A survey of Asian-focused industry professionals across the export finance community has pointed to Indonesia as the most active region for ECA finance opportunities next...

13 October 2016

Ukraine's Myronivsky Hliboproduct secures PXF facility

Myronivsky Hliboproduct, a Ukranian agro-industrial group, has secured a $100 million pre-export finance facility (PXF). Avellum acted as legal counsel to...

13 October 2016

NDB and India Exim sign deal to strengthen trade ties

The New Development Bank (NDB) and Export-Import Bank of India (India Exim) have signed a memorandum of understanding to strengthen trade and economic ties.

13 October 2016

Thomson Reuters unveils TRAC to fight trade-based fraud

Thomson Reuters has launched an anti-money laundering solution to fight trade-based fraud called Trade Finance, Regulations, Audit and Control (TRAC).

13 October 2016

James Greig joins White & Case as a London partner

Global law firm White & Case has hired James Greig as a partner in London to expand its financial services regulatory capabilities. He arrives from BNY Mellon.