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01 May 2014

Short-term export credit capacity

Capacity in short-term credit insurance has been steadily returning since the 2008 global financial crisis (GFC) and premiums have recovered. According to Berne Union’s...

01 May 2014

The role of export credit in project financing

Although the operations of Berne Union members are diversified across various products, geographies, governance models, and regulatory systems, the growing role of ECAs...

29 April 2014

Banking on sustainability in softs

Jonathan Bell talks with Andrew Voysey, director, finance sector platforms, University of Cambridge Institute for Sustainability Leadership (CISL), about the Banking...

15 April 2014

Höegh LNG signs upsized senior secured credit facility

Further to Norwegian-owned shipping company Höegh LNG Holdings’ recent export credit financing for its second floating storage and regasification unit (FSRU) as we...

14 April 2014

Glencore Xstrata sells Peru copper mine to Chinese consortium

Glencore Xstrata, one of the world’s largest global diversified natural resource companies, has struck an agreement with a Chinese consortium to sell its entire interest...

11 April 2014

Banks arrange ECA-backed finance for Höegh LNG

Norwegian-owned, Bermuda-based shipping company Höegh LNG has secured export credit agency (ECA) backed funding amounting to $309 million to finance its latest floating...

31 March 2014

Trafigura closes oversubscribed cut-price RCF

Trafigura has successfully closed its key European revolving credit facility (RCF) at $4.735 billion – an increase from the $4 billion the facility was launched at...

24 March 2014

Enel signs loan with Santander for Mexican wind

Enel Green Power (EGP) has signed a €153 million ($211 million) loan agreement with Santander. The loan is associated with EGP’s investments in wind power in Mexico,...

21 March 2014

Afreximbank signs landmark syndicated loan

African Export-Import Bank (Afreximbank) has signed landmark loan facilities with a syndicate of international financial institutions totalling a massive $774 million.

20 March 2014

ABN, Nordea and SEB arrange ship finance for Ardmore

Dublin-headquartered Ardmore Shipping Corporation (Ardmore) has signed a $172 million credit facility with mandated lead arrangers ABN AMRO, Nordea Bank (Finland), and...

11 March 2014

Equinox Global strengthens London team

Trade credit insurance specialists ~Equinox^ Global have expanded their London team, hiring John Joseph as a senior credit analyst with immediate effect. Equinox reported...

03 March 2014

Seaborn Networks mandates Natixis for Seabras-1 financing

Seaborn Networks (Seaborn) has mandated French bank Natixis to arrange the financing for Seaborn’s new submarine cable project, known as Seabras-1, linking commercial and...

19 February 2014

Norton Rose Fulbright opens Brazilian office

Law firm Norton Rose Fulbright is expanding its Latin America coverage with the opening of an office in Brazil. The firm’s Brazilian practice will initially be based in...

12 February 2014

Malaket joins ICC banking commission executive

The International Chamber of Commerce (ICC) has appointed Alexander Malaket, to its 12-member executive committee. He will advise the ICC Banking Commission on its...

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.

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...

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...

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

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...