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...

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...

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

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

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

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...

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...

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...

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

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...

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...

Russian mining and metals company, Mechel, has agreed terms for covenant holidays with a group of international lenders and separately in relation to bilateral credit...

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

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...

In a new survey on risk published by the Multilateral Investment Guarantee Agency (MIGA) it reveals that foreign investors are increasingly cautious about investing in...

Schlumberger the world’s largest oilfield services company, has selected Standard Chartered (StanChart) to provide a comprehensive cash management and trade guarantee...

The European Bank for Reconstruction and Development (EBRD) is providing a new debt facility to Ukrainian agribusiness producer Myronivsky Hliboproduct (MHP Group).

According to the Society for Worldwide International Financial Telecommunication (SWIFT), China’s renminbi (RMB) overtook the euro as the world’s second most-used trade...

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

Russian oil exploration and producing company, Gazprom-Neft, has signed a $2.15 billion club term facility agreement with a group of international banks. The heavily...