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22 March 2016

Lundin Petroleum secures further bank financing

Swedish oil producer Lundin Petroleum has entered into a short-term revolving credit facility of $300 million and received additional commitments of $135 million under...

22 March 2016

EXIAR insures construction of Indian nuclear power plant

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and the country's VTB Bank have sealed a credit insurance policy for nuclear power equipment...

22 March 2016

Petrobras posts record quarterly loss of $10.2bn

Brazil's state-run oil group Petrobras has posted its biggest ever quarterly loss of $10.2 billion amid the slump in oil prices. The company is currently at the...

22 March 2016

HFW boosts aviation practice with asset finance team in Asia

Law firm Holman Fenwick Willan (HFW) has boosted its international aviation practice with the recruitment of asset finance partners David Brotherton and Justin Sun....

22 March 2016

Isbank raises dual tranche trade facility

Germany-based Isbank - the European arm of Turkey's Turkiye Is Bankasi - has refinanced a trade finance facility agreed in March 2015. It was able to solicit...

21 March 2016

Rusal restructures debt...again

Banks are in talks with Russian aluminium giant Rusal as it restructures and refinances its debt once more amid depressed aluminium prices and a global glut

21 March 2016
in
Renewables

JBIC rides wave of North Sea wind projects

In an industry braced for change, JBIC continues a move into offshore wind with a joint €443 million refinancing on Holland's Luchterduinen wind farm.

21 March 2016

Afreximbank wants cities twinned with Chinese industrial parks

The African Export-Import Bank (Afreximbank) says setting up twinning arrangements between industrial parks in China and African cities would boost the...

21 March 2016

Iran and New Zealand ECAs agree MoU

The export credit agencies (ECAs) of Iran and New Zealand have agreed a memorandum of understanding (MoU) to boost trade and investment. The Export Guarantee Fund of...

21 March 2016

Nidera CEO set to retire

The Netherlands-based commodity service and solutions provider Nidera has announced that Ton van der Laan, its current chief executive officer (CEO), will retire by...

21 March 2016

FMO: Record new green investments in 2015

FMO, the Dutch development bank, hit a record €685 million in green investments last year - up 20% from 2014. It also recorded a net profit of €174 million,...

21 March 2016

Iraq exports first ever natural gas shipment

Iraq has exported its first ever shipment of natural gas. A Panama-flagged carrier left the southern port of Umm Qasr on the Persian Gulf on Sunday with a cargo of...

21 March 2016

How I explained blockchain to my grandmother

Ever been asked to explain what blockchain is and how it works but been stuck for an answer? This article might help make a seemingly complicated subject simple.

21 March 2016

essDOCS names Ashley Skaanild as CCO

Paperless trade enabler essDOCS has appointed Ashley Skaanild as chief commercial officer (CCO). He succeeds Nigel Pusey.

21 March 2016

WPX Energy secures $1.2bn on credit facility

US-based oil and gas producer WPX Energy has secured commitments of $1.2 billion under a credit facility. It comes at a time when much of the industry is bracing...

21 March 2016

UKTI helps deliver fund to boost Manchester exports

A fund has been launched to help companies in Greater Manchester compete on a global level and boost their export sales. The £9.5 million fund will be delivered...

21 March 2016

Blockchain's impact will take time

The Economist examines why the real impact of blockchain won't be seen for some time, and why widespread use could be up ten years off.

18 March 2016

Hitachi Capital America hires VP of structured finance

Hitachi Capital America has hired Chris Pagano as vice-president of its structured finance segment. He was most recently senior vice-president for GE Capital...

18 March 2016

Noble Group in talks over $1.5bn unsecured loan

Hong Kong-based commodity giant Noble Group is in advanced talks to raise a $1.5 billion unsecured loan from banks that will help repay its debt maturing in May. It is...

18 March 2016

How will Iran cope with trade liberalisation?

Iran is being welcomed back into the global community after sanctions were lifted but the country may face a number of repercussions from trade liberalisation, according...