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...
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...
Although the operations of Berne Union members are diversified across various products, geographies, governance models, and regulatory systems, the growing role of ECAs...
Jonathan Bell talks with Andrew Voysey, director, finance sector platforms, University of Cambridge Institute for Sustainability Leadership (CISL), about the Banking...
Further to Norwegian-owned shipping company Höegh LNG Holdings’ recent export credit financing for its second floating storage and regasification unit (FSRU) as we...
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...
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...
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...
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,...
African Export-Import Bank (Afreximbank) has signed landmark loan facilities with a syndicate of international financial institutions totalling a massive $774 million.
Dublin-headquartered Ardmore Shipping Corporation (Ardmore) has signed a $172 million credit facility with mandated lead arrangers ABN AMRO, Nordea Bank (Finland), and...
Trade credit insurance specialists ~Equinox^ Global have expanded their London team, hiring John Joseph as a senior credit analyst with immediate effect. Equinox reported...
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...
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...
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...
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.
Canada’s export credit agency, Export Development Canada (EDC), has continued its expansion across the Andes with the establishment of a permanent representative office...
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...
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...
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....
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...
There’s agreement between lenders, ECAs and borrowers that sustainability needs to be at the heart of the export finance market. But they remain some distance apart on pricing and priorities.