The Japanese Bank for International Cooperation (JBIC) has co-financed two buyer’s credit agreements with the Tokyo branch of Deutsche Bank for German drybulk ship operator, Oldendorff Carriers (Oldendorff).
India’s largest provider of telecom tower infrastructure, Reliance Jio Infocomm Limited (RJIL), has signed syndicated term loan facilities amounting to $1.5 billion with a club of 26 international banks.
The Export-Import Bank of the United States (US Ex-Im), has signed a memorandum of understanding (MoU) with chairman KS Popli of the Indian Renewable Energy Development Agency (IREDA), which will explore options for using up to $1 billion to finance the sale of US clean energy exports to India.
Canada’s export credit agency (ECA), Export Development Canada (EDC), is to provide two loans, totalling to $22.5 million, to Oakville-based Concordia Healthcare Corporation (Concordia).
India’s largest lender, the State Bank of India (SBI), has signed a memorandum of understanding (MoU) with Adani Mining - the Australian subsidiary of the logistics, energy and agribusiness company, Adani Enterprises - to provide a trade credit.
Swiss-headquartered, energy trading company Mercuria Energy has signed a $1 billion Asia-centric revolving credit facility (RCF), with the deal seeing an oversubscription of more than 60% above the initial launch amount.
Swiss-headquartered, energy trading company Mercuria Energy has signed a $1 billion Asia-centric revolving credit facility (RCF), with the deal seeing an oversubscription of more than 60% above the initial launch amount.
Euler Hermes, the trade credit insurance company, has appointed Michael Diederich as its new CEO for operations in Germany, Austria and Switzerland (the DACH region). He will take up the role at the beginning of 2015, pending regulatory approval.
Bank of America Merrill Lynch (BAML) has appointed Yafen Field to lead their global trade and supply chain finance business in the Pacific Northwest of the USA.
The European Bank for Reconstruction and Development (EBRD) has announced it is providing a €52.5 million ($65.58 million) loan to state-owned Moldovan railway company, Calea Ferată din Moldova (Calea Ferată).
Japanese export credit agencies and commercial banks have teamed to arrange the Japanese portion of the financing for the construction of the Donggi-Senoro LNG (DSLNG) project in Indonesia.
China has announced that it is keen to move swiftly with the development of the Silk Road infrastructure fund (Silk Road Fund) - a potential financing mechanism that would help to further integrate, both physically and economically, the markets of Central and South Asia with China.
As containment measures continue to restrict production and trade channels, concern is mounting when it comes to trading with countries affected by the Ebola epidemic, as well as the region at large.
The Multilateral Investment Guarantee Agency (MIGA) is providing guarantees to Banco Santander on a $300 million loan. Risk of the non-honouring of sovereign financial obligations will also be covered for a term of 12 years.
The international commercial law firm, Ince & Co, has appointed Paul Herring as its new chairman and Jan Heuvels as international senior partner.
Standard Chartered bank has been awarded with a global renminbi (RMB) mandate to support oil company Shell’s domestic business in China.
The People’s Bank of China (PBOC) has authorised the Canadian branch of the Industrial and Commercial Bank of China (ICBC) to serve as a renminbi (RMB) clearing bank in Canada.
Standard Chartered bank has been awarded with a global renminbi (RMB) mandate to support oil company Shell’s domestic business in China.
The independent US-based renewable energy company, First Wind, has obtained $254 million in financing for its South Plains wind project in Floyd County, Texas.
Equinox Global (Equinox), the Lloyd’s cover holder specialising in trade credit insurance, has appointed Vladimir Malenic to its team in France, which recently moved into a new central Paris office.
The European Bank for Reconstruction and Development (EBRD) and French development finance institution (DFI), Proparco, have teamed to provide loans totalling $100 million for the construction of three solar photovoltaic generation plants in Jordan.
The global provider of maritime tracking, monitoring and security software, Pole Star, has launched PurpleTRAC – a new product that allows banks, commodity trading companies, marine financers and insurers to manage their exposure and mitigate the possibility of involvement with a vessel at risk of sanctions non-compliance, money laundering or terrorist financing.
Italian export credit agency (ECA), SACE, has announced that it is examining €500 million ($620 million) worth of new projects in Kazakhstan.
Africa’s largest independent mobile telecommunications infrastructure provider, IHS Holding Limited (IHS), has secured a $600 million loan facility from a club of commercial banks, as well as the International Finance Corporation (IFC).
The independent aircraft operating lessor, China Aircraft Leasing Company (CALC), has signed a RMB 10 billion ($1.63 billion) credit facility with China’s export credit agency, the Export-Import Bank of China (China Exim).
The European Investment Bank (EIB) has signed a €25 million ($31.2 million) loan to promote small and medium enterprises (SMEs) in Azerbaijan.
Japan’s export credit agency (ECA), the Japan Bank for International Cooperation (JBIC) has agreed to co-finance a $3 million loan with the Bank of Tokyo-Mitsubishi UFJ (BTMU) for a Japanese SME company working in India.
The supply chain finance providers, PrimeRevenue and UbiQ Innovations (UbiQ), have announced a new strategic partnership, arranged to help deliver working capital finance solutions to Turkey and the Middle East.
The US export credit agency (ECA), the Export-Import Bank of the United States (US Ex-Im), has unveiled its performance, total authorisations and the value of US exports it has supported in the 2014 fiscal year (FY).
The African Export-Import Bank (Afreximbank) has announced that it is working to introduce a mobile payment platform to support intra-African trade and payments.
The European Bank for Reconstruction and Development (EBRD) has extended a $30 million credit line to the National Bank of Egypt (NBE) to support the development of small and medium enterprises (SMEs) in Egypt.
The US export credit agency (ECA), the Export-Import Bank of the United States (US Ex-Im), has guaranteed a $21 million revolving loan facility by Cadence Bank to Jyoti Americas.
The Hong Kong Monetary Authority (HKMA) has designated seven banks as primary liquidity providers (PLPs) for the offshore renminbi (RMB) market in Hong Kong (i.e. the CNH market).
Credit Suisse has been mandated by the Ethiopian government as the coordinating commercial facility arranger and export credit agency facility lead arranger for an $865 million financing package to fund the development of part of the country’s railway infrastructure - the Awash-Weldia/Hara Gebeya Railway Project.
Egyptian oil and gas company, Carbon Holdings, is understood to be in negotiations with the UAE government over a potential $400 million investment in the Tahrir Petrochemical Complex project.
A panel of industry experts explore the key issues impacting the export finance market now and in the future. Topics covered include the impact of Basel III on export finance pricing and provision; the role for the capital markets; export finance as a product for category 0 borrowers; how to improve the export finance experience for end-users; the crisis in Russia; the global shortfall in large projects, and the pipeline for ECA deals.
The Japanese export credit agency (ECA), the Japan Bank for International Cooperation (JBIC), has signed a credit line with SMFL Leasing Indonesia (SMFLIN), an Indonesian subsidiary of Sumitomo Mitsui Finance and Leasing Company (SMFL).
The political risk insurance and credit enhancement arm of the World Bank Group, the Multilateral Investment Guarantee Agency (MIGA), has appointed Elena Palei as its new regional head of Europe.
The UK export credit agency (ECA), UK Export Finance (UKEF), expects to bring its first guaranteed Sukuk transaction to market in the New Year. The economic secretary to the treasury, Andrea Leadsom MP, made the announcement at the World Islamic Economic Forum (WIEF) in Dubai.
Japanese export credit agency (ECA), the Japan Bank for International Co-operation (JBIC) has, with a club of Japanese banks, signed a loan for FLNG Liquefaction (FLIQ1).
Nordic Investment Bank (NIB) has signed a PLN67.5 million ($20.4 million) loan with Energa, the Polish electricity company.
Bolero International (Bolero), the trade documentation software specialist, has appointed Maria Malinowska as director of financial institutions.
Turkish leasing company, Ak Finansal Kiralama (Aklease) has signed a €30 million ($38 million) six year loan with ING, backed by SACE, the Italian export credit agency (ECA).
The Royal Bank of Scotland (RBS) has appointed Martin Knott as its new head of trade for global transaction services (GTS).
Finacity Corporation (Finacity), the receivables finance company, has appointed Judith Schrecker as its new board director.
Japanese export credit agency (ECA), the Japan Bank for International Cooperation (JBIC) has teamed up with a club of Japanese banks to provide three export loans to the government of Turkmenistan for a gas-to-gasoline plant (GTG).
The Philippine geothermal and renewable energy producer, Energy Development Corporation, has signed a $315 million financing agreement with a club of foreign and local banks.
Italy’s export credit agency (ECA), SACE, has just released its 2014 risk map, analysing the impact of geopolitical instability on Italian businesses over the past year. It also forecasts possible trading opportunities for the next year.
The Monaco and New York-based bulk shipper, Scorpio Bulkers, has secured a loan facility of up to $411.3 million from a group of financial institutions.
Japan’s export credit agency (ECA), Japan Bank for International Cooperation (JBIC) has teamed up with a club of commercial banks to arrange financing for the export of Japanese-produced equipment to a petrochemical plant in Turkmenistan.
The fun in the sun returns! Bringing all key players together for two days of networking, we explore case studies of the latest deals and examine the next hot opportunities across the region.
The only dedicated forum for the APAC trade and commodity finance community. Join dealmakers from across Asia-Pacific as we tackle key industry issues and analyse the latest deals in the market.
TXF Africa 2020 will focus on recent and forthcoming developments across regional export, project & commodity finance and explore new opportunities for each market.
TXF Global Commodity Finance 2020 conference goes back to the future . Join deal makers from across the globe for an unmissable two day 80’s themed extravaganza.
The global export, agency & project finance games return for 2020! Join us in Madrid for the largest gathering of its kind with a vision to taking your network further than ever before.