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29 December 2014

UK companies get UKEF backing for Dubai airport expansion opportunities

The UK export credit agency, UK Export Finance (UKEF), is backing UK business by providing support for companies seeking work and export opportunities related to Dubai's...

29 December 2014

Chesapeake Energy closes unsecured RCF

US natural gas and crude oil producer ~Chesapeake Energy Corporation^ has closed a new revolving credit facility (RCF) on an unsecured basis.

29 December 2014

Bladex syndicates term loan for Banco Financiero

Banco Latinoamericano de Comercio Exterior (Bladex) has closed a $40 million, 3-year senior secured trade finance term loan for Peruvian-based Banco Financiero del Perú...

29 December 2014

KAFTA augments Korea-Australia relations

The Korean and Australian governments have signed the Korea-Australia Free Trade Agreement (KAFTA), which aims to eliminate most tariff barriers into Korea, Australia’s...

23 December 2014

FMO leads development banks in backing Bangladesh SMEs with loan to BRAC Bank

A syndicate of development banks and other agencies has agreed to provide a loan to BRAC Bank Limited (BBL) in Bangladesh, which is the largest syndicated loan to a...

23 December 2014

Mawson West secures new loan and debt restructuring package with Galena and Trafi

Australian-headquartered mining company, Mawson West, with strategic copper assets in the Democratic Republic of Congo (DRC), has secured a new loan and arranged a...

23 December 2014

ADB survey reveals persistent trade finance gap hurting Asian growth

A new ~Asian Development Bank^ (ADB) survey reveals that large market gaps for trade finance are undermining growth and job creation. The report was compiled with support...

23 December 2014

TXF German market export finance survey – Commerzbank interview

In October 2014 TXF held an export finance roundtable in Frankfurt – which was attended by some 90 guests, with a good split of exporters, banks and representatives from...

23 December 2014

GISA Netherlands signs oversubscribed syndicated RCF

The metals mining company, GISA Netherlands (GISA), a subsidiary of Gerald Group, has announced the signing of a substantially oversubscribed syndicated revolving credit...

22 December 2014

SACE approves funds for new projects in frontier markets

Italian export credit agency, SACE, has today announced that it has approved €2.1 billion ($2.57 billion) in new commitments for export credit transactions and investment...

22 December 2014

Senegal agri-sector receives boost with Afreximbank funding

The Senegalese agri-sector is set for a boost with new funding announced today by the African Export-Import bank (Afreximbank).

22 December 2014

Tungsten agrees financing arrangement with Insight

Tungsten Corporation has signed an agreement with Insight Investment Management (Insight) under which Insight has agreed to invest in Tungsten early payment receivables,...

22 December 2014

Boost for Ukrainian trade with EBRD loan to Raiffeisen Bank Aval

The European Bank for Reconstruction and Development (EBRD) is further supporting Ukrainian exporters and importers by increasing financing available under its Trade...

22 December 2014

Margrith Lütschg-Emmenegger retires as president of FIMBank

After more than 11 years at the helm of trade within Malta-headquartered FIMBank, the group’s president, Margrith Lütschg-Emmenegger, is retiring. The group has also...

22 December 2014

Turkey’s İșbank secures EBRD funds for SMEs

The European Bank for Reconstruction and Development (EBRD) is extending a $127.5 million financial package to the İșbank to support small and medium-sized enterprises...

22 December 2014

VTB provides finance for Armenia’s Teghout copper mine

VTB Bank has announced that it will provide financing for one of Armenia’s largest mining projects – the development of the enrichment plant at the Teghout...

22 December 2014

Enagás renews and extends multi-currency financing facility

Spanish gas operating company, Enagás, has renewed its multi-currency financing facility which it signed originally in 2013, through a self-arranged deal with a club of...

19 December 2014

Kenya’s Lake Turkana Wind Power receives first disbursements of funds

Following the financial close of Lake Turkana Wind Power Project (LTWP) on 11 December 2014, LTWP has today received the first disbursement of funds. The project was...

19 December 2014

UKEF appoints head of international business development

UK Export Finance (UKEF), the UK’s export credit agency, has appointed David Ludlow as its new head of international business development.

19 December 2014

Hans Janus leaves Euler Hermes after three decades

Dr Hans Janus, a member of the board of management of Euler Hermes, has announced that he will be leaving the German export credit agency at the end of the year.