Search results

Show:
Results found: 13864
Kazakh railways gets EBRD loan
Kazakh railways gets EBRD loan
Mayur Pande
19 December 2013

The European Bank for Reconstruction and Development (EBRD) is providing (KTZ), the national railways company with a $ 40 million loan.

US Ex-Im approves direct loan for Australia’s Roy Hill Mine
US Ex-Im approves direct loan for Australia’s Roy Hill Mine
Jonathan Bell
19 December 2013

The Export-Import Bank of the United States (US Ex-Im) has given approval for a $694.4 million loan to Roy Hill Holdings of Australia to be used for the purchase of US-manufactured mining and rail equipment from Caterpillar, GE, and Atlas Copco.

Ex-Im Bank arranges Boeing export to Mongolia
Ex-Im Bank arranges Boeing export to Mongolia
Mayur Pande
19 December 2013

The Export-Import Bank of the United States (US Ex-Im) has finalised an agreement with MIAT Mongolian Airlines (MIAT) for the export of a US Boeing 767-300ER aircraft with GE engines to MIAT.

Aureus Mining signs finance facilities for Liberian mine
Aureus Mining signs finance facilities for Liberian mine
Jonathan Bell
17 December 2013

Aureus Mining has signed the $88 million project finance loan facility agreement with the South African banks Nedbank Limited and Rand Merchant Bank (RMB). It has also signed a subordinated loan facility agreement for $12 million with RMB Resources.

US Ex-Im and EGAP combine for GE exports to Israel
US Ex-Im and EGAP combine for GE exports to Israel
Jonathan Bell
17 December 2013

The Export-Import Bank of the United States (US Ex-Im) and the Export Guarantee and Insurance Corporation (EGAP), the export credit agency of the Czech Republic, have pooled resources to back US and Czech power equipment exports to Israel.

Pakistan secures power grid loans from ADB
Pakistan secures power grid loans from ADB
Hesham Zakai
17 December 2013

The Asian Development Bank (ADB) is providing two loans to Pakistan to help deliver reliable, cost-effective electricity to domestic and business consumers.

Poland’s Pawlowo wind farm receives EBRD funding
Poland’s Pawlowo wind farm receives EBRD funding
Mayur Pande
16 December 2013

The European Bank for Reconstruction and Development (EBRD) is supporting phase I of the construction and operation of a wind farm in North West Poland with a loan of up to PLN 301 million ($98.6 million). The investment will support Poland’s efforts to increase its generation of renewable energy.

AES Gener concludes financing for Alto Maipo HEP
AES Gener concludes financing for Alto Maipo HEP
Mayur Pande
16 December 2013

Power company AES Gener, the Chilean subsidiary of US-based AES Corporation, and Chilean copper mining company Antofagasta Minerals (AMSA) have signed the financing agreement for the 531MW Alto Maipo hydro-electric power (HEP) project, east of Santiago in Chile.

EBRD provides loan for Croatian rail upgrade
EBRD provides loan for Croatian rail upgrade
Max Carter
16 December 2013

The European Bank for Reconstruction and Development (EBRD) is providing a €40 million ($54.7 million) loan to Hrvatske Zeljeznice Infrastruktura (HZ Infrastructure), the Croatian national railway infrastructure company, for the acquisition of track maintenance machinery and to support the company’s restructuring programme.

Financing signed for Kuwait’s Az-Zour power project
Financing signed for Kuwait’s Az-Zour power project
Jonathan Bell
13 December 2013

Sumitomo Corporation in collaboration with GDF Suez and Abdullah Hamad Al Sagar & Bros have signed the project financing for the first phase of Kuwait's first independent public-private partnership (IPPP) - the Az-Zour North (AZN1) power and desalination project.

Kexim strikes agreements with French institutions
Kexim strikes agreements with French institutions
Mayur Pande
10 December 2013

The Export-Import Bank of Korea (Kexim) has signed agreements for increased cooperation in third-country projects with three French organisations that occupy key positions in development finance, the oil industry, and commercial banking. The agreements are with development finance institution Proparco, oil major Total, and commercial bank Société Générale CIB (SG CIB).

JB's weekly round-up - 9 December 2013
JB's weekly round-up - 9 December 2013
Jonathan Bell
9 December 2013

tagmydeals is a free of charge, user-generated database covering deals in trade, export and project finance. Following months of consultation with many of you (something we really appreciate), we have built something that the industry will hopefully find new and genuinely useful.

Russian power sector gets EBRD local currency loan
Russian power sector gets EBRD local currency loan
Jonathan Bell
6 December 2013

Russia’ power sector is to get a major boost with a 12-year, €100 million ($136 million) loan from the European Bank for Reconstruction and Development (EBRD)to assist with the modernisation of the power infrastructure in the Russian Far East. The borrower of record is RusHydro. The loan is the bank’s first power distribution project in its largest country of operation.

DEG provides loan for Chile solar power project
DEG provides loan for Chile solar power project
Hesham Zakai
6 December 2013

The German development bank – Deutsche Investitions- und Entwicklungsgesellschaft (DEG) – will contribute $18.5 million as part of a loan package to finance the expansion of the La Huayca solar plant in Chile.

US Ex-Im provides direct loan for Turkish Star refinery
US Ex-Im provides direct loan for Turkish Star refinery
Jonathan Bell
5 December 2013

The Export-Import Bank of the United States (US Ex-Im) has come up with one of its largest direct loans to date under its direct lending programme – a $640.7 million direct loan to support the sale of US-manufactured oil refinery equipment to Turkey.

GE Hungary exports to Russia get Sberbank and Mehib backing
GE Hungary exports to Russia get Sberbank and Mehib backing
Jonathan Bell
4 December 2013

Russia’s Sberbank has signed its first export credit transaction with the Export-Import Bank of Hungary (Hungarian Exim), allowing for the export of Hungarian-manufactured equipment to Russia

EIB provides loan to Enel for Romanian wind power
EIB provides loan to Enel for Romanian wind power
Mayur Pande
2 December 2013

The European Investment Bank (EIB) and Enel Green Power International, the financial and controlling holding company of international subsidiaries of the Enel Green Power Group, have closed a financing agreement for €200 million ($272 million) to partially cover investments for wind farms in the Banat and Dobrogea regions of Romania.

ACWA Power signs financing for Rabigh 2 project
ACWA Power signs financing for Rabigh 2 project
Jonathan Bell
2 December 2013

A consortium led by ACWA Power International has signed the financing agreements for the 2060MW Rabigh 2 independent power project (R2IPP) power project in Saudi Arabia.

Indonesia’s Pelindo gets financing for Konecrane imports
Indonesia’s Pelindo gets financing for Konecrane imports
Jonathan Bell
29 November 2013

Indonesian state-owned port operator PT Pelabuhan Indonesia III (Pelindo III) has secured export credit agency-backed financing for the purchase of shipyard cranes from Konecranes of Finland.

Agencies back Jordanian Tafila wind farm project
Agencies back Jordanian Tafila wind farm project
Jonathan Bell
29 November 2013

Development finance institutions (DFIs) have teamed to provide financing support amounting to $220 million for the first large-scale renewable energy IPP in Jordan, the JWPC Tafila Wind Farm.

StanChart arranges loan for Chinese wastewater plant
StanChart arranges loan for Chinese wastewater plant
Jonathan Bell
28 November 2013

Standard Chartered (StanChart) has structured and closed a S$45 million ($35.8 million) senior debt facility for United Envirotech Water (Changyi) Company (UE Water) to be used for a Chinese wastewater treatment plant. The offshore loan structure enable

Russia’s Inter RAO gets power loan from EBRD
Russia’s Inter RAO gets power loan from EBRD
Jonathan Bell
28 November 2013

Russia’s Inter RAO group is to receive funds from the European Bank for Reconstruction and Development (EBRD) to construct a gas-fired power station in Russia’s Sverdlovsk region, as part of a plan to help facilitate the switch away from using carbon fuels to generate electricity.

US Ex-Im provides direct loan for Costa Rican wind project
US Ex-Im provides direct loan for Costa Rican wind project
Jonathan Bell
27 November 2013

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos (Orosi) to support the export of US-manufactured wind turbine generators to Costa Rica.

EBRD finances trolleybuses for Kyrgyz capital
EBRD finances trolleybuses for Kyrgyz capital
Mayur Pande
27 November 2013

The European Bank for Reconstruction and Development (EBRD) is supporting the revival of the Kyrgyz capital’s trolleybus service with the arranging of a financing programme.

Chilean Antucoya copper mine financing revealed
Chilean Antucoya copper mine financing revealed
Jonathan Bell
25 November 2013

Full details of the Chilean Antucoya copper mine financing have been revealed with commercial banks declaring their takes in the $650 million project financing.

ECA-backed aircraft finance expected to decline
ECA-backed aircraft finance expected to decline
Dick Forsberg
20 November 2013

The aviation industry will take delivery of $3.5 trillion of new commercial jets aircraft over the next 20 years, with an average of $125 billion of funding required over the next decade alone.

Photos from TXF Paris
Photos from TXF Paris
Dan Sheriff
19 November 2013

View pictures from the recent ECA Finance in 2013 conference in Paris

Local content and direct lending dominate discussions in Paris
Local content and direct lending dominate discussions in Paris
Valerie Colville
19 November 2013

The differences between export credit agencies was a prevailing topic of conversation at the TXF ECA Finance conference in Paris

Export & Agency Finance Special Report
Export & Agency Finance Special Report
Jonathan Bell
19 November 2013

We are pleased to bring you the TXF Export & Agency Special Report 2013. The report, which is part of our Export & Agency Finance Series

JB's weekly round-up - 18 November 2013
JB's weekly round-up - 18 November 2013
Jonathan Bell
18 November 2013

Last week was an extremely busy time for everybody at TXF as we uprooted ourselves from London to deliver our ECA Finance in 2013 Conference Paris.

Bancomext and EKF sign cooperation pact
Bancomext and EKF sign cooperation pact
Mayur Pande
14 November 2013

Eksport Kredit Fonden (EKF) and the Banco Nacional de Comercio Exterior (Bancomext), the export credit agencies of Denmark and Mexico respectively, have signed a cooperation agreement, designed to strengthen trade between Denmark and Mexico through the exchange of financial, economic, investment, markets and potential projects.

Wells Fargo and US Ex-Im combine to finance US exports to Singapore
Wells Fargo and US Ex-Im combine to finance US exports to Singapore
Mayur Pande
14 November 2013

Wells Fargo and the Export-Import Bank of the United States (US Ex-Im) have combined to arrange financing to support US exports of compressor equipment to Singapore. The export sale is worth approximately $7 million.

Deutsche arranges EKN-backed loan for Korea’s SK Telecom
Deutsche arranges EKN-backed loan for Korea’s SK Telecom
Jonathan Bell
14 November 2013

Deutsche Bank has signed a $97.92 million term loan facility with South Korea’s SK Telecom Company (SKT) to finance purchases by SKT from Sweden’s Ericsson-LG.

Sberbank and Kexim renew cooperation pact
Sberbank and Kexim renew cooperation pact
Mayur Pande
13 November 2013

Russia’s Sberbank and the Export-Import Bank of Korea (Kexim) have signed a new cooperation agreement relating to the long-term Financing of projects for the amount of $1.5 billion. The agreement was signed by Yong Hwan Kim, chairman of Kexim, and Andrey Ivanov, head of trade finance and correspondent relations at Sberbank.

“There is open competition between the ECAs” - Simon Sayer video
“There is open competition between the ECAs” - Simon Sayer video
Dan Sheriff
12 November 2013

TXF caught up with Simon Sayer, managing director, structured trade and export finance, EMEA at Deutsche Bank at our recent ECA Finance conference in Paris.

“We are seeing pricing that works for investors” - Alex Taylor video
“We are seeing pricing that works for investors” - Alex Taylor video
Dan Sheriff
12 November 2013

We spoke to Alex Taylor, managing director, export and agency finance, EMEA, at Citi, at TXF’s recent ECA Finance Conference in Paris.

“More ECAs should put more effort into supporting SMEs” - Gert Van Melkebeke video
“More ECAs should put more effort into supporting SMEs” - Gert Van Melkebeke video
Dan Sheriff
12 November 2013

Gert Van Melkebeke of Belgian ECA Ducroire, tells TXF of the new forfaiting product they have developed, and how SMEs are using it.

AfDB signs loan for Namibian container terminal
AfDB signs loan for Namibian container terminal
Mayur Pande
11 November 2013

The African Development Bank Group (AfDB) has signed a ZAR2.9 billion ($338 million) loan to the Nambian Ports Authority (Namport) to finance the construction of the new container terminal at the Port of Walvis Bay in Namibia. The loan is backed by a sovereign guarantee from the government of Namibia. The AfDB is also providing a $1.5 million logistics and capacity building grant complementing the port project loan.

Russian banks organise syndicated loan for Quadra
Russian banks organise syndicated loan for Quadra
Jonathan Bell
11 November 2013

Russia’s Gazprombank and Sberbank have jointly arranged a RUB10 billion ($307.2 million) syndicated credit line for Quadra – Power Generation (JSC Quadra), with the first tranche being drawn. Quadra will use the funds to finance its investment programme to construct new generating facilities under contracts for providing electric power to the wholesale electricity market.

Sevan Drilling closes and draws down financing arranged by ING
Sevan Drilling closes and draws down financing arranged by ING
Jonathan Bell
8 November 2013

International drilling contractor Sevan Drilling has also closed and drawn down $1.4 billion of its new $1.75 billion bank facility. The funds relate to the delivery in late October of the company’s latest rig Sevan Louisiana from the Cosco Quidong Shipyard (Cosco) in China, as well as payment for two other rigs.

Infrastructure surge will boost global trade
Infrastructure surge will boost global trade
Jonathan Bell
8 November 2013

TXF looks at two recent reports, one from HSBC and one from the IADB, which focus on infrastructure trade and infrastructure investment as vital cogs in the health of the global economy.

IADB signs loans for Suriname’s electricity sector
IADB signs loans for Suriname’s electricity sector
Mayur Pande
7 November 2013

The Inter-American Development Bank (IADB) has sign two loans totalling $40 million to support Suriname’s electricity generation and power sector. The loans have been approved under the Flexible Financing Facility of the IADB

Sace and UniCredit combine for Bosnian silicon plant
Sace and UniCredit combine for Bosnian silicon plant
Jonathan Bell
7 November 2013

UniCredit has signed a €30 million ($40.2 million) structured financing with Italian metals producer Metalleghe Group for a new silicon metal production plant in Bosnia- Herzegovina.

DFIs combine for sustainable forestry in LatAm
DFIs combine for sustainable forestry in LatAm
Phoebe Robertson
1 November 2013

Development finance institutions (DFIs) have combined to provide an overall financing facility of $69 million for a sustainable forestry project in Latin America (LatAm).

KfW finances exports to Indian petrochem sector
KfW finances exports to Indian petrochem sector
Mayur Pande
31 October 2013

KfW IPEX-Bank is providing a €55 million ($75 million) loan to finance German equipment supplies for the expansion of the petrochemical complex of Gail India Limited (GAIL) in Pata (Uttar Pradesh).

Uralkali secures first ECA-backed facility
Uralkali secures first ECA-backed facility
Dan Sheriff
30 October 2013

Uralkali, the Russian potash producer, has signed its first ever ECA-backed transaction. The $236 million (€171.4 million) financing will fund the construction of two vertical shafts at the Ust-Yayvinsky mine

Standard Bank signs financing for Kenyan wind power
Standard Bank signs financing for Kenyan wind power
Mayur Pande
28 October 2013

Standard Bank has signed a ground-breaking deal with independent power producer Aeolus Kenya (AKL), to build a $150-million wind power plant in Kenya. The 60.8MW Kinangop Wind Park project will be largest wind power generation farm in sub-Saharan Africa to date. The wind power plant will be built in Kinangop Plateau in central Kenya.

UniCredit Leasing Russia receives EBRD loan
UniCredit Leasing Russia receives EBRD loan
Jonathan Bell
28 October 2013

The EBRD is lending RUB1.7 billion ($53.4 million) to UniCredit Leasing Russia (UCLR) – one of the country’s top leasing companies, with nationwide coverage. The company will use the loan to finance new leases to energy efficiency projects, particularly to UCLR’s small and medium-sized enterprise (SME) clients in industry and agriculture, including those located outside the Moscow region.

Ghana TEN FPSO ship financing secured
Ghana TEN FPSO ship financing secured
Jonathan Bell
24 October 2013

Project financing has been secured for a floating production, storage, and offloading system (FPSO) for use in the Tweneboa, Enyenra, Ntomme (TEN) oil fields offshore Ghana

Kenya’s Triumph Power signs debt package for power plant
Kenya’s Triumph Power signs debt package for power plant
Jonathan Bell
24 October 2013

Standard Bank and the Industrial and Commercial Bank of China (ICBC) have signed a $108 million debt financing package with Triumph Power generating Company Kenya for the construction of an 83MW heavy fuel oil plant in the East African nation. The project has also secured bespoke political risk guarantees from the World Bank's Multilateral Investment Guarantee Agency (MIGA).