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13 October 2016

ECOM Agroindustrial signs $650m RCF

Swiss-based commodity trader ECOM Agroindustrial has signed a $650 million multicurrency revolving credit facility (RCF). The facility was launched at $500 million.

13 October 2016

The 5 major trends worrying corporate treasurers

Uncertainty over economic growth and new regulatory requirements are two of the top five trends giving corporate treasurers sleepless nights, according to Deutsche...

13 October 2016

EBRD, AFD, EIB finance energy efficiency in Morocco

The European Bank for Reconstruction and Development (EBRD), the Agence Francaise de Developpement (AFD) and the European Investment Bank (EIB) are providing €35...

12 October 2016
in
Infrastructure, Transport

EDC flouts Angola risk for landmark locomotive deal

Despite the economic uncertainty in Angola, EDC has agreed a financing for the country which will contribute to the completion of one of the final steps to opening a new...

12 October 2016

HSBC’s new global trade initiative: Bold or old?

HSBC is part of a group of international banks that offer opportunities for investors to participate in trade financing arrangements as part of their balance sheet...

12 October 2016

Emirates Trade Bank close to approval

The planned Emirates Trade Bank, set to be the world's first fully sharia-compliant trade finance bank, is close to being approved in Dubai. It will focus on...

12 October 2016

Coface and Cesce to back Dubai metro extension project

French export credit agency Coface and Spain's Cesce are set to back about $1.5 billion of the $2.5 billion debt for Dubai's project to extend its metro to the...

12 October 2016

Vitol sees first-half profits slump 42%

Profits at Swiss-headquartered commodity giant Vitol Group fell 42% to $546.4 million in the six months to June 30, from $938.7 million a year earlier, it was...

12 October 2016

BNDES freezes $4.7bn in overseas disbursements

BNDES, the Brazilian development bank, has temporarily frozen $4.7 billion in loan disbursements to a number of engineering groups caught up in the country's...

12 October 2016

China Exim to help fund Bangladesh sewage plant project

The Export-Import Bank of China (China Exim) is helping fund the $280 million Dasherkandi Sewage Treatment Plant project in Bangladesh.

12 October 2016

JBIC stays cautious on resource sector lending

The Japan Bank for International Cooperation (JBIC) has warned it will stay cautious on lending to the resources sector despite commodity prices rising this year.

12 October 2016

RDIF's portfolio company breaks ground on NDB-backed project

Nord Hydro-Beliy Porog, the Russian Direct Investment Fund's (RDIF) portfolio company, has broken ground on the New Development Bank-backed construction of...

12 October 2016

StanChart signs Commonwealth Trade Finance Facility MoU

Standard Chartered (StanChart) has signed a memorandum of understanding (MoU) for the Commonwealth Trade Finance Facility to help Commonwealth states get access to...

11 October 2016

Petrobras debt reduction plans maintains lender attraction

Despite being below investment grade, Brazil’s largest oil company appears to have retained market confidence amid an ongoing political scandal and repeated allegations...

11 October 2016

Vitol closes $8bn RCF despite revenue plunge

The RCF – which matches last year's largest-ever facility secured by the company – was heavily oversubscribed and is indicative of continued lender appetite for the...

11 October 2016

EIB warns Britain could lose access once it leaves EU

Brexit could cause Britain to lose access to billions from the European Investment Bank (EIB), its president Werner Hoyer warned. EIB lent Britain €7.8 billion in...

11 October 2016

ITFC and Egypt sign export financing deal

The International Islamic Trade Finance Corporation (ITFC) sealed an agreement with Egypt to support the country's export financing sector. It will boost...

11 October 2016

Firms may miss China trade and infrastructure boom

Few companies are taking advantage of China's 'Belt and Road' trade initiatives despite almost a quarter of firms using the renminbi to do business with...

11 October 2016

UniCredit makes head corporate finance advisory Italy hire

UniCredit has hired Andrea Petruzzello as head of corporate finance advisory Italy. He joined UniCredit in 2003 and was most recently managing director in corporate...

11 October 2016

Brexit: Ministers to give evidence to Lords inquiry

The Department for Exiting the European Union and Department for International Trade will give evidence on Thursday on UK negotiations, how Brexit will be delivered,...