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06 February 2014

Financing secured for San Marcos wind farm in Honduras

The San Marcos wind project in Honduras, owned by Vientos de Eletrotecnia, a member of Grupo Terra, has secured $127.5 million in senior debt financing.

06 February 2014

KfW to finance Meyer Werft-built RCCL cruise ship

KfW IPEX-Bank is financing a cruise ship commissioned by Royal Caribbean Cruises (RCCL) to be built by Meyer Werft – the third Quantum-class cruise ship built at the...

06 February 2014

Gazprom Neft reviews debt portfolio

Russian oil and gas producer Gazprom Neft’s board of directors has been reviewing the company’s debt structure, with a view to the optimisation of raising funds.

06 February 2014

World economy: 10 game changers for 2014

The new year is set to usher in new political risks, largely focused around upcoming elections in India, Brazil, Turkey, South Africa and Indonesia. Some of the old risks...

05 February 2014

EDC opens in Bogota to tap further business in the region

Canada’s export credit agency, Export Development Canada (EDC), has continued its expansion across the Andes with the establishment of a permanent representative office...

05 February 2014

Investec expands export finance team with new hires

South African headquartered bank Investec is expanding its export finance team with the hiring of two highly experienced export finance professionals.

05 February 2014

Deutsche establishes new global solutions unit

Deutsche Bank has established a new global solutions unit in the trade finance/cash management for corporates (TF/CMC) section of its global transaction banking division,...

05 February 2014

HSBC appoints Carlos Gonzalez Fillad as LatAm head of payments

HSBC has appointed Carlos Gonzalez Fillad, formerly head of multinationals for its global banking business, as its new regional head of payments and cash management (PCM)...

04 February 2014

Vestas appoints lead banks for new trade facility

Danish wind turbine manufacturer and wind project developer Vestas has appointed lead banks to arrange an €850 million ($1.16 billion) credit facility. Vestas has...

04 February 2014

NTPC secures power financing from JBIC and SMBC

India’s National Thermal Power Company (NTPC), the country’s largest power provider, has secured $430 million in financing after signing two loan agreements with the...

04 February 2014

Fundtech hires Kyle McGaffey as head of Americas sales

Fundtech, the global transaction banking solutions company, has hired Kyle McGaffey as its head of sales for the Americas. McGaffey’s role will be to lead Fundtech’s...

03 February 2014

Banks arrange finance for GranEnergia multi-service vessel

Mizuho Bank and Itaú BBA International have arranged financing for Rio-based oil and gas firm GranEnergia to purchase and take delivery of a multi-service vessel, named...

03 February 2014

Banks flock to Trafigura RCF despite reduced pricing

Commodity trader Trafigura is understood to have secured a significant reduction on the pricing of its $4 billion revolving credit facility (RCF) currently in the market....

03 February 2014

ICBC poised to acquire Standard Bank’s London arm

The Industrial and Commercial Bank of China (ICBC) is to buy a 60% stake in Standard Bank’s London-based Global Markets business for $765 million, making it China’s first...

03 February 2014

United Arab Bank introduces trade portal for corporates

Sharjah-headquartered United Arab Bank (UAB)has launched an online trade portal recently, which is designed to transform the ease and speed with which corporate customers...

03 February 2014

Electronic Shipping Solutions rebrands as essDOCS

Electronic Shipping Solutions (ESS) has today announced its rebrand to essDOCS (pronounced ‘sDocs’), a new identity that balances it’s electronic shipping solutions...

03 February 2014

Andrew England leaves Lloyds

Andrew England, head of transaction banking at Lloyds, has left the bank after his role was incorporated into a new operating structure led by Ed Smith. The transaction...

03 February 2014

Moroccan juice producer Citruma receives EBRD loan

Moroccan juice producer Citruma has received €5.5 million ($7.4 million) in financing from the European Bank for Reconstruction and Development (EBRD), to fund the...

03 February 2014

VTB provides guarantees to Finnish-Russian shipping JV

VTB Bank has signed a general agreement with Arctech Helsinki Shipyard, in which Russia’s United Shipbuilding Corporation (USC) has a major shareholding. The agreement is...

31 January 2014

Atek receives credit boost from VTB

Bashkortostan-based oil trader Atek has received a boost from VTB Bank in the form of a credit facility with a RUB 5 billion ($142 million) limit.