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27 July 2013

Colonial Oil renews RCF

The facility signed amounts to $600 million, and carries a tenor of one-year. This new arrangement amends an existing $1.15 billion facility signed in second quarter...

16 July 2013

Petrobras signs financing package with Japanese institutions

Brazilian oil company Petrobras has signed two financing programmes with the Japan Bank for International Cooperation (JBIC) for the offer of two lines of credit...

15 July 2013

BAFT-IFSA announces head of trade services

BAFT-IFSA, the US-headquartered international financial services association, has appointed Stacey Facter as the association’s new senior vice president of trade...

11 July 2013

StanChart signs bilateral RMB loan with Shenzhen International

The transaction marks the beginning of a new collaboration between both parties.

02 July 2013

David Hennah rejoins Misys as head of trade

Trade industry specialist David Hennah has moved back to Misys after an eight-year stint with SWIFT. He has been hired by Misys as head of product management practice for...

02 July 2013

Shoreline Natural Resources secures RBL financing

Oil producer Shoreline Natural Resources (Shoreline) in Nigeria has secured a refinancing facility which gives it better terms, structure and a longer tenor over an...

01 July 2013

BB Energy finds loan success

The Netherlands-based arm of energy trading company BB Energy has secured a revolving credit facility (RCF) arranged by relationship banks. The $125 million, one-year...

21 June 2013

Trafigura signs pre-payment contract with Rosneft

At the St Petersburg International Economic Forum in mid-June, commodity trading company Trafigura signed a five year contract with a pre-payment to supply crude oil and...

14 June 2013

Glencore signs mega revolving credit facilities

Glencore Xstrata has signed revolving credit facilities (RCF) amounting to a total of $17.34 billion. The facilities are for general corporate purposes and replace the...

13 June 2013

Norilsk Nickel gets strong response for syndicated loan

Russia’s Norilsk Nickel, and the world’s largest global nickel and palladium producer, has successfully signed a five-year unsecured syndicated loan with a principal...

11 June 2013

Vitol Asia signs revolving credit

Energy trading company Vitol Asia signed its Asia-Pacific-focused one-year revolving credit facility (RCF) in early June.

06 June 2013

Puma Energy revolver oversubscribed

Puma Energy, the global mid and downstream energy company, has renewed its committed, revolving credit facility (RCF) with a significant oversubscription from the market....

06 June 2013

IFC and CreditBank team for Lebanese trade finance

The IFC has signed a trade finance agreement with CreditBank, a fast-growing bank in Lebanon, to help its client companies access global markets, boosting trade and...

03 June 2013
in
Metals and Mining

Uralkali signs PXF following oversubscription

Russian potash producer Uralkali has signed a $1 billion pre-export finance (PXF) loan agreement with a club of 14 banks. The initial mandated lead arrangers and...

24 April 2013
in
Power

ADB provides further support to Pakistan power sector

The Asian Development Bank (ADB) has approved a $400 million loan to support the government of Pakistan's reforms to tackle the country’s chronic energy crisis which has...