Reliance Industries is out to banks and ECAs to finance the procurement of a Floating Production Storage and Offloading (FPSO) vessel from a Korean shipbuilder Samsung Heavy Industries. Mandates are due this summer with financial close expected by year-end. The debt package is around $700...
Mairead Lavery at EDC is coming to the end of her term as CEO. She discusses changes in her philosophy, the need for reform of Common Approaches, and creating a robust Bretton...
ECA-backed volumes in Asia, Asia-Pacific and Australasia are growing strongly, after a COVID-related dip in 2021. But traditional sectors like oil & gas still dominate, and...
ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though some of the owed debt could be recovered – if lenders stump up new cash.
Mairead Lavery at EDC is coming to the end of her term as CEO. She discusses changes in her philosophy, the need for reform of Common Approaches, and creating a robust Bretton Woods-style legacy for another 80 years of ECA support amid geopolitical challenges. Read more about legacy, relationships, integrity (and having fun).
ECA-backed volumes in Asia, Asia-Pacific and Australasia are growing strongly, after a COVID-related dip in 2021. But traditional sectors like oil & gas still dominate, and progress in renewables remains patchy.
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