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17 December 2013

Pakistan secures power grid loans from ADB

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

16 December 2013

US Ex-Im results show increased support for SMEs

The Export-Import Bank of the United States (US Ex-Im) has just released its figures for its financial year 2013, which reveal the agency has supported a record number of...

16 December 2013
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Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Poland’s Pawlowo wind farm receives EBRD funding

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...

16 December 2013

Rusal signs credit facility with VTB Capital

Russian aluminum producer Rusal has signed an agreement with VTB Capital for the establishment of a credit line with a total aggregate amount of up to RUB15 billion ($456...

16 December 2013

Deutsche arranges landmark pre-payment for Tangsteel

Deutsche Bank, working together with steel trader Duferco, has arranged an $800 million structured steel pre-payment term loan facility for China-based Tangshan Iron &...

16 December 2013

AES Gener concludes financing for Alto Maipo HEP

Power company AES Gener, the Chilean subsidiary of US-based AES Corporation, and Chilean copper mining company Antofagasta Minerals (AMSA) have signed the financing...

16 December 2013

IFC and StanChart sign RMB risk sharing agreement

The IFC and Standard Chartered Bank (StanChart) have signed a unique risk sharing facility, which will increase the amount of renminbi (RMB) denominated trade finance...

16 December 2013

EBRD provides loan for Croatian rail upgrade

The European Bank for Reconstruction and Development (EBRD) is providing a €40 million ($54.7 million) loan to Hrvatske Zeljeznice Infrastruktura (HZ Infrastructure), the...

16 December 2013

China Airlines implements BAML cash management solution

China Airlines, Taiwan’s largest international carrier, has implemented CashPro Accelerate, a cash-management and treasury solution provided by Bank of America Merrill...

13 December 2013

Financing signed for Kuwait’s Az-Zour power project

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...

13 December 2013

Lukoil signs export financing for Bulgarian refinery

Russian oil and gas company Lukoil has signed an export finance package with a club of international banks for a major upgrade programme at its Bulgarian refining...

11 December 2013

Kavelaar to replace Galat at IFC in Paris

Susanne Kavelaar is due to become the chief representative in Europe for IFC's global trade and supply chain finance programme

11 December 2013

Expected pricing for Trade MAPS 1

Joint Citi / Santander $1 billion trade securitisation is expected to price at one month Libor plus H60's bp

10 December 2013

Kexim strikes agreements with French institutions

The Export-Import Bank of Korea (Kexim) has signed agreements for increased cooperation in third-country projects with three French organisations that occupy key...

10 December 2013

Boost for Kenyan SMEs as Proparco signs deal with Chase

Development financial institution Proparco has signed a $40 million loan agreement with Chase Bank (Kenya). The loan, which has a seven-year tenor, will be used for...

09 December 2013

Gunvor signs oversubscribed RCF

Gunvor Group has signed a $1.515 billion revolving credit facility (RCF) for joint borrowers Gunvor International BV and Gunvor SA in a syndication which saw heavy...

09 December 2013

Ince & Co appoints new global head of trade

International law firm Ince & Co has appointed Stuart Shepherd as its new global head of trade. He succeeds Steven Fox who will be retiring from the firm in April...

09 December 2013

Russian Copper Company successfully closes PXF

Russkaya Mednaya Kompaniya (Russia Copper Company – RCC) has successfully closed its $250 million pre-export finance (PXF) facility. The facility is a five-year,...

06 December 2013

IFC and SG combine to finance Cote d’Ivoire oil imports

IFC and Société Générale CIB (SG CIB) have co-arranged a $300 million trade finance facility to fund crude oil imports into Cote d’Ivoire. The arrangement is for the...

06 December 2013

Russian power sector gets EBRD local currency loan

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...