Perfect 10 Virgin Voyages: Cruising without the bruising - a TXF ECA/project finance Deal of the Year
$2.2 billion of ECA-covered non-recourse debt for a start-up cruise line – the Virgin Voyages deal is SACE at its export support best.
$2.2 billion of ECA-covered non-recourse debt for a start-up cruise line – the Virgin Voyages deal is SACE at its export support best.
DFI loans and a rare untied UFK covered loan enabled commercial banks to push the tenor on CBG’s Sangaredi mine expansion financing to 15 years - a record for Guinean...
The race to close the first international syndicated structured loan into Chinese downstream oil and gas ended last year when Shandong Qingyuan debuted with a prepayment...
In a rare soft commodity pre-export financing, Rabobank and Zanaco structured a deal to extend the reach of the supply chain and meet the working capital needs of Zambian...
The $3 billion Tengizchevroil pre-export revolver is ultimately a liquidity facility designed to enable optimum timing and pricing for future TCO bond issues. But the...
Despite progress last year, key clauses in the Capital Requirement Regulation Leverage Ratio (CRR LR) regime still threaten to hit the availability and cost of European...
The pick-up in the number of power deals finally reaching financial close in Indonesia is good news for PLN which has been heavily criticised in the past for lax progress...
Trafigura has closed syndication on its latest 364-day revolver refinancing - upping the size from $1.5 billion at launch to $2.27 billion and pulling in 41 banks...
The power of ‘green’ has ballooned in the past decade, as investors look for responsible ways to invest. People are catching wind of the opportunities for investment in...
With two ECA-backed deals nearing financial close, and currency convertibility issues resolved, Vietnam looks set to finally begin delivering on its pipeline of IPP...
Credit Agricole has closed a $3 billion synthetic securitisation to free up cash for green project loans. And unlike vanilla green bonds, this deal could indirectly...
Indonesian agri-industrial conglomerate Royal Industries (RI) is asking lenders for another 19 years to repay a five-year working capital loan signed in 2014.
Despite bank and sovereign ratings downgrades, and increased cost of borrowing at Turkish banks, the Canakkale bridge and upcoming Turkish road tenders are still spawning...
Pricing guidance on the widely anticipated Akbank refinancing is as predicted - a big jump on the borrower's 2016 deal. For international banks in search of yield, Turkey...
As Basel IV looms, the trade finance industry persists with claims about low default risk, market shrinkage and cuts in availability. But the data is simply not there to...
SUEK is back with a new pre-export loan - only its second since 2014 - and bank interest is looking strong. Will SUEK's renewed popularity produce some movement on...
Akbank is out to market with the first Turkish bank refinancing of 2017. Where the deal prices will not only be a gauge of international bank appetite for Turkey, but the...
Fincantieri ended 2016 with final confirmation of the Virgin Voyages cruise ship order - a deal for a start-up backed by one of Sace's largest single cover cruise ship...
A key project for Ghana and a direct lending first for UKEF – Vitol’s OCTP is rumoured to be tightly priced and partially financed under a fixed rate CIRR.
Financing for the project signed in November 2016, but full financial close was still subject to resolution of some of the conditions in the project’s power purchase...