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29 January 2014

Suek signs syndicated PXF facility

Russian coal mining company Siberian Coal Energy (Suek) has secured a five-year, $1.5 billion syndicated pre-export finance (PXF) facility. The deal was signed on 28...

28 January 2014

First Quantum mandates banks for new facilities

First Quantum Minerals (First Quantum) has formally mandated banks to arrange a new $2.5 billion five-year term loan and revolving credit facility. The company has also...

28 January 2014

KfW and AWAS close penultimate ECA-backed financing

KfW IPEX-Bank and AWAS Aviation Capital have closed the seventh financing under their eight aircraft ECA supported financing facility.

27 January 2014

Sustainable commodity finance gains momentum

The Banking Environment Initiative (BEI) has set out trade financing solutions aimed at increasing sustainability in the commodity trade sector, in a report entitled...

23 January 2014

HSBC boosts global trade and receivables finance team

HSBC has made three appointments to its global trade and receivables finance (GTRF) team, with Gerd Pircher becoming regional head, Latin America; Wei Wei Ng becoming...

17 January 2014

Russia’s PhosAgro signs ECA-backed credit line

Russian fertiliser production company, PhosAgro, has signed a $440.6 million loan package with an international group of banks, supported by the Japanese agencies Japan...

15 January 2014

KfW and NordLB finance Siemens power units to South Korea

KfW IPEX-Bank and NordLB have teamed to structure export credit agency-backed financing of €194 million ($263.7 million) to finance German power plants to South Korea.

14 January 2014

Bancomext and Sace sign cooperation pact

The export credit agencies of Mexico and Italy, Banco Nacional de Comercio Exterior (Bancomext) and Sace respectively, have signed a cooperation agreement aimed at...

08 January 2014

BBVA arranges loans for Enel in Mexico and Chile

BBVA has arranged two loans for Enel Green Power (EGP) in Mexico and in Chile in separate loan agreements each valued at $150 million. In the first instance, the bank...

07 January 2014

KfW finances aircraft for Nordic Aviation

KfW IPEX-Bank has closed the first two transactions under a new three aircraft bilateral financing facility for Nordic Aviation Capital (NAC).

24 December 2013

VEB and Natixis fund Sukhoi Superjet exports to Mexico

Russia’s Vnesheconombank (VEB) and Natixis of France have led a consortium of international banks in the signing of a credit agreement on extending syndicated loans to...

20 December 2013

UASC closes landmark ship financing

United Arab Shipping Company (UASC) has closed a $1.251 billion multi-tranche syndicated loan facility for the partial financing container ships. The transaction is for...

19 December 2013

AFC signs debut syndicated loan facility

The Africa Finance Corporation (AFC) has signed a $250 million syndicated term loan facility marking its debut in the international syndicated loan market. The...

17 December 2013

US Ex-Im and EGAP combine for GE exports to Israel

The Export-Import Bank of the United States (US Ex-Im) and the Export Guarantee and Insurance Corporation (EGAP), the export credit agency of the Czech Republic, have...

16 December 2013

US Ex-Im results show increased support for SMEs

The Export-Import Bank of the United States (US Ex-Im) has just released its figures for its financial year 2013, which reveal the agency has supported a record number of...

11 December 2013

Kavelaar to replace Galat at IFC in Paris

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

04 December 2013

China’s RMB overtakes euro as second most-used trade finance currency

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...

26 November 2013

WFW recruits new partner for in London

Watson, Farley & Williams (WFW) has appointed Joe Levin as partner in its London office. Levin previously held the position of director of the energy and...

21 November 2013

Eastern Europe outlook - Economic diffusion: the effects of the eurozone crisis on Eastern Europe

Eastern European growth has laboured as a result of the eurozone crisis. Yet overall economic growth continues to surpass that of Western Europe, says Per Fischer, head...

12 November 2013

Indonesia’s ENRG secures syndicated loan

Indonesian oil and gas production company Energi Mega Persada (ENRG) has secured a new $203 million syndicated loan facility. The loan facility will be used to settle...