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23 December 2016

The year in project finance: Business as usual, despite the headwinds

The end of the year really shouldn't have the significance it does. In the US, the calendar year coincides with the tax year, meaning that there are some powerful...

23 December 2016

The age of uncertainty: Trade wars and laws in 2017

Forecasts for trade since the financial crisis have been steady. Now, political anxiety and regulatory tightening casts a huge shadow of ambiguity over the trade outlook...

23 December 2016

NIB launches SME loan facility with Sparbanken Skane

The Nordic Investment Bank (NIB) and Sweden's Sparbanken Skane have agreed a €52 million loan designed to boost small and medium-sized enterprises (SMEs) and...

23 December 2016

JBIC agrees loan for Indonesian coal mines share purchase

The Japan Bank for International Cooperation (JBIC) has agreed a $24 million loan to Tokyo-based petroleum company Idemitsu Kosan as part of a $40 million financing deal...

23 December 2016

SACE backs financing for Egyptian power projects

The foreign currency financing of combined cycle power plants in Assiut and West Damietta, Egypt, has reached financial close, Dubai's Orascom Construction said. Italian...

23 December 2016

Euler Hermes and Business France extend partnership deal

Trade credit insurer Euler Hermes and Business France have renewed and extended their 2013 partnership agreement to boost French companies abroad by simplifying company...

23 December 2016

KfW agrees Lima Metro Line 2 loan with Peru

KfW, the German development bank, has agreed a $200 million loan with Peru to help finance the Lima Metro Line 2 project. The repayment term is 15 years.

23 December 2016

EBRD finances motorway project in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is providing €76 million to finance the construction of additional sections of the Corridor Vc motorway...

23 December 2016

AIIB approves $600m for TANAP project

The Asian Infrastructure Investment Bank (AIIB) has agreed a $600 million loan to part-finance the construction of the Trans Anatolian Natural Gas Pipeline Project...

23 December 2016

EBRD invests in SME loan securitisation in Greece

The European Bank for Reconstruction and Development (EBRD) is investing up to €50 million in senior notes under a small and medium-sized enterprise (SME)...

22 December 2016

Russian market returns to structured financing following downturn

Traditionally the world’s largest market for pre-export financing (PXF), Russia has seen an increase in the number of PXFs arranged for its companies in 2016. High levels...

22 December 2016

Catching up with the US’ new Trade Finance Advisory Council

The recently-elected members of the US’ Trade Finance Advisory Council (TFAC) attended their inaugural meeting last month. The 20 private-sector leaders represent banks,...

22 December 2016

Petrobras to sell $2.2bn worth of assets to Total

Brazilian oil group Petrobras is set to sell assets worth $2.2 billion to France's Total SA. The deal includes stakes in oilfields and two thermal power stations....

22 December 2016

EXIAR and NEXI support Russian subsidiaries of Japanese groups

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and Japan's Nippon Export and Investment Insurance (NEXI) have signed a Framework Agreement to...

22 December 2016

Euler Hermes study on economic impact of Italy's "No" vote

Italy's "No" in the constitutional referendum will cost the Italians around 0.3 percentage points in terms of GDP growth, according to insurer Euler Hermes....

22 December 2016

Ukreximbank and the EIB seal SME financing deal

The European Investment Bank (EIB) and Ukreximbank have sealed a €260 million finance contract to support Ukrainian small and medium-sized enterprises (SMEs) in...

22 December 2016

RSP Permian has borrowing base increased

Texas-based oil and gas group RSP Permian has seen its senior secured revolving credit facility increased to $950 million. The lenders' maximum commitments rose to...

22 December 2016

UK trade confidence bounces back from post-Brexit slump

UK confidence in cross-border trade has recovered following an immediate post-EU referendum slump, according to HSBC's Trade Confidence Survey. But overall confidence...

22 December 2016

EBRD provides stand-by credit to Deposit Insurance Fund of Kosovo

The European Bank for Reconstruction and Development (EBRD) is extending a €24 million stand-by credit line to the Deposit Insurance Fund of Kosovo - an independent...

22 December 2016

Ukrainian export credit agency is approved

The establishment of an export-import bank in Ukraine has been approved by country's MPs. The production of high-tech goods and processed goods will be among the...