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News
01 August 2018
in
Renewables

Sonnedix refinances 47.3 MW Italian solar portfolio

Sonnedix has refinanced a €157.8 million.portfolio of 23 PV plants in Italy (total capacity 47.3MW). The deal comrpises long-term bank debt and a debt service...

Perspective
27 July 2018
in
Metals and Mining

Fruta del Norte: Lundin Gold’s multi-sourced debt debut

Ecuador’s rehabilitation in financing markets begins with a complex deal for Lundin Gold’s Fruta del Norte mine. The financing combines a stream, a prepay, commercial PRI...

News
25 July 2018

Stenn closes facility with Natixis to boost trade finance offering

London-based trade finance group Stenn International has announced the closing of a senior financing facility with Natixis. The facility, with a targeted size of up to...

News
24 July 2018
in
Renewables

Sakaka set to close next month

The $300 million 300MW Sakaka solar PV scheme in Saudi Arabia is expected to close at the beginning of next month. The deal, which was expected to close on 28...

News
18 July 2018
in
Agri/Soft Commodities

Uralkali prices tighter on another PXF refi

Uralkali, one of the world’s largest potash producers, has signed a new pre-export facility (PXF). The $825 million five-year deal, signed on 29 June, is more or...

News
13 July 2018
in
Renewables

Benguigui to join Orsted

David Benguigui, head of renewables at SMBC, is set to join the Danish renewables company Orsted as part of the structured finance solutions...

News
12 July 2018

Gunvor signs and upsizes RCF

Gunvor has refinanced and upsized the $615 million one-year revolving credit (RCF) it closed in July 2017. Two banks from last year's lending syndicate...

News
11 July 2018
in
Oil & gas

West Nile Delta gas targets year-end close

DEA Group is targetted to reach financial close by year-end on a $1 billion partially UKEF-backed loan to finance its share in the West Nile Delta gas project...

News
10 July 2018

Lundin Gold closes ECA-covered financing for Fruta del Norte

Lundin Gold has closed a  $350 million senior secured project finance facility to fund the development and construction of the Fruta del Norte gold project...

News
10 July 2018

Glencore refinances and downsizes BBL

Glencore has refinanced and downsized its $1.2 billion Swiss borrowing base lending (BBL) facility (one of five BBLs it currently has in the market)....

News
06 July 2018
in
Power, Renewables

PIF takes direct stake in ACWA Power

Saudi Arabia’s Public Investment Fund (PIF), advised by HSBC, has taken a 15.2% direct stake in ACWA Power. PIF already holds 9.8% of ACWA through a subsidiary,...

News
03 July 2018

Mercuria discontinues BBL and upsizes RCF

Mercuria’s 2017 European borrowing base lending (BBL) facility – an $850 million one-year loan provided by ABN Amro, CA Indosuez, MUFG, Rabobank, Societe...

News
03 July 2018

Castleton Commodities closes $3.525bn credit facilities

US-headquartered Castleton Commodities International has closed two credit facilities totalling $3.525 billion. The facilities include a committed borrowing base facility...

News
02 July 2018

Véronique Sani is appointed Chief Operating Officer of Natixis

Véronique Sani has been appointed Chief Operating Officer of Natixis, member of the Senior Management Committee. She will succeed Norbert Cron, effective September...

News
02 July 2018
in
Chemicals/Petrochemicals, Oil & gas

Mercuria closes $2.4bn multicurrency revolving credit facilities

Geneva-headquartered Mercuria Energy Trading has closed its $2.4 billion multicurrency revolving credit facilities. The facilities comprise a one-year multicurrency RCF,...

News
29 June 2018

39 firms complete KYC trial on R3's Corda blockchain

Enterprise blockchain software firm R3 says its partners have completed over 300 transactions on a know your customer (KYC) application built on the Corda blockchain...

News
29 June 2018
in
Oil & gas

Vitol out to market with RCF and reserves-based deal

Vitol is firming up final allocations for a $1 billion-plus one-year revolving credit for its Asian operations. The borrowers are Vitol Finance and Vitol Asia, and the...

News
18 June 2018

Coface: François Riahi named chairman of the board

Coface has elected François Riahi, Chief Executive Officer of Natixis, as the Chairman of its Board of Directors. He succeeds Laurent Mignon, who is leaving the...

News
18 June 2018

Coface unveils €300m syndicated loan for subsidiary Coface Poland Factoring

Coface has announced a two-year €300 million syndicated loan agreement for its Polish subsidiary Coface Poland Factoring. The syndicated loan partly replaces...

News
12 June 2018
in
Renewables

DEWA IV CSP to close in Q4

Sponsors of the $3.87 billion DEWA IV 700MW CSP project in Dubai – ACWA Power and Shanghai Electric – are expected to reach full financial close in the...