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23 January 2014

EDC issues first green bond

Export Development Canada (EDC) has priced its first green bond in the principal amount of $300 million.

23 January 2014

Qatar Shipping secures refinancing facility

Qatar Shipping Company, a wholly owned subsidiary of Milaha, has secured a 12-year, $425 million (equivalent to QAR1.55 billion) fixed-term ship financing facility with a...

23 January 2014

Pacific Drilling appoints new CFO

Houston-headquartered, specialist oil exploration company Pacific Drilling has appointed Paul Reese to the role of chief financial officer (CFO), effective 28 February...

22 January 2014

Isuzu Motors gets bank and JBIC support for Indonesian sales

The Japan Bank for International Cooperation (JBIC) and a commercial bank group have arranged a loan of $68 million for the Indonesian government to purchase trucks from...

20 January 2014

Wilmar mandates banks for RCF syndication

Singapore-headquartered agri-group Wilmar International has mandated the banks for the launch of its new $1.75 billion revolving credit facility (RCF) syndication.

20 January 2014

AfrAsia secures loan from Afreximbank

The African Export-Import Bank (Afreximbank) and Mauritius-based AfrAsia Holdings Limited have signed a term sheet for a $10 million facility. The funds will be made...

17 January 2014

Russia’s PhosAgro signs ECA-backed credit line

Russian fertiliser production company, PhosAgro, has signed a $440.6 million loan package with an international group of banks, supported by the Japanese agencies Japan...

16 January 2014

Euler Hermes expands Singapore trade team and services

Euler Hermes is expanding its services in Asia-Pacific with the addition of a specialised single risk and political risk insurance team based in Singapore.

15 January 2014

KfW and NordLB finance Siemens power units to South Korea

KfW IPEX-Bank and NordLB have teamed to structure export credit agency-backed financing of €194 million ($263.7 million) to finance German power plants to South Korea.

10 January 2014

Craig Weeks joins insurance broker IRIA to head US arm

Geneva-headquartered trade insurance brokerage IRIA SA has hired highly experienced ex-banker Craig Weeks to head up their North American office. He is based in the IRIA...

09 January 2014

ING closes debut loan financing for Mongolian Airlines

The New York office of ING Capital has closed a US Export-Import Bank (US Ex-IM) backed and junior loan financing for MIAT Mongolian Airlines> The proceeds will refinance...

08 January 2014

Sovcomflot secures finance for LNG carriers

Russian shipping company Sovcomflot (SCF Group) has signed a new $316 million credit facility for the purchase of two new ice-class LNG (liquefied natural gas)...

06 January 2014

Enel signs loan with Citi and EKF for Chilean wind farm

Italy’s Enel Green Power (EGP), acting through its subsidiary Enel Green Power International (“EGPI”), has signed a €100 million ($136 million) loan agreement with Citi...

06 January 2014

Uralchem secures mega-loan for Uralkali stake

Russian mineral fertiliser producer Uralchem OJSC has secured a new mega-loan amounting to $4.5 billion. A major part of the loan will be used to pay for the purchase...

03 January 2014

UPDATE: Further detail on Lukoil Bulgarian refinery financing

Further to our earlier report on the financing secured for the Lukoil Neftochim Burgas (LNB) in Bulgaria, the financing parties involved have today issued a formal press...

24 December 2013

Sberbank issues largest trade guarantee for Turkish power project

Sberbank Corporate & Investment Banking (CIB) together with Sberbank’s international operations has arranged its largest trade guarantee yet – designed to facilitate work...

24 December 2013

VEB and Natixis fund Sukhoi Superjet exports to Mexico

Russia’s Vnesheconombank (VEB) and Natixis of France have led a consortium of international banks in the signing of a credit agreement on extending syndicated loans to...

23 December 2013

Final investment decision made on Yamal LNG project

Russia’s Novatek and Total have approved a final investment decision (FID) for the Yamal LNG (liquefied natural gas) project, consisting of the development of the...

20 December 2013

Puma completes financing for Australian acquisitions

Puma Energy (Australia) has finally closed the A$460 million ($412 million) financing for its acquisitions of Ausfuel Gull, Neumann Petroleum and Central Combined Group....

20 December 2013

Uralkali signs unsecured loan with Sberbank

Russian fertiliser production company Uralkali has signed an unsecured, non-revolving $2 billion credit line with Sberbank. The credit line will be open from 1...