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Perspective
25 September 2017
in
Oil & gas

OOCEP: Patience pays

Despite a sovereign downgrade in the period between financial close on PDO's initial pre-export loan in 2016 and OOCEP's recent pre-export debut, the pricing difference...

News
25 September 2017
in
Agri/Soft Commodities

Neumann seeking larger refi

German coffee trader Neumann Gruppe is out to banks for a refinancing of its $850 million 2016 revolving credit facility (RCF). The private and unrated company is...

Perspective
21 September 2017
in
Oil & gas

KazMunaiGas: Ramping up the prepays

After years of delays and uncertainty Kazakhstan’s Kashagan oil field is ramping up production. State-owned oil company KazMunaiGas is locking in larger and longer...

News
21 September 2017
in
Power

SEC’s $1.75bn loan out to syndication

Saudi Electricity Company’s (SEC) $1.75 billion five-year bullet loan, its biggest to date, is being sold down by the eight lead banks on the deal - MUFG,...

News
19 September 2017
in
Agri/Soft Commodities

Cocobod pre-export loan closing

The twenty-fifth annual Cocobod pre-export financing (PXF) will be signed in Paris tomorrow (20 September). This year’s deal totals $1.3 billion and is...

News
19 September 2017
in
Oil & gas

OOCEP closes debut pre-export loan

Oman Oil Company Exploration and Production (OOCEP) has closed its pre-export loan debut – a $1 billion five-year facility, priced at 170bp over Libor, with a $500...

News
15 September 2017
in
Oil & gas

More details emerge on KMGK pre-pay extension

KazMunayGas Kashagan (KMGK) has secured an amend-and-extend on its five-year $1 billion pre-payment facility signed in November 2016. The borrower, one of the owners...

Perspective
14 September 2017
in
Agri/Soft Commodities, Metals and Mining

Reputational risk: A growing issue for commodity traders?

Concurrent with the imminent launch of a refinancing of Gunvor’s $1.67 billion revolving credit facility (RCF), the borrower is at the centre of a storm of allegations...

News
29 August 2017
in
Oil & gas

Cooper Energy raises underwritten Sole gas RBL facility

Cooper Energy has raised a A$400 million ($317 million) underwritten combined debt and equity package to fund development of its Sole gas project. The deal paves the way...

Perspective
24 August 2017
in
Renewables

Deutsche Bucht: Cheap debt sunset?

Financing for the Deutsche Bucht project has neared Borkum II’s benchmark low for the cost of German offshore wind debt. Despite being the last deal structured under the...

News
24 August 2017
in
Oil & gas

OOCEP pre-export loan nears signing

Documentation is being drafted for Oman Oil Company Exploration and Production’s (OOCEP) $1 billion pre-export loan. Natixis and Societe Generale are lead arranging...

News
22 August 2017

Natixis names Ahmet Ugurlu executive director for US business

The French corporate and investment bank Natixis has appointed the former HSBC director of energy and infrastructure Ahmet Ugurlu as executive director and coverage...

News
14 August 2017
in
Agri/Soft Commodities

Kernel back for PXF

Ukrainian sunflower seed and oil exporter Kernel is back in the market for a pre-export financing (PXF), with improved pricing and tenor key to its discussions. The...

News
11 August 2017
in
Oil & gas

Apex Oil secures RCF refi

US-based Apex Oil has secured an extension to its credit agreement with a syndicate of international lenders. The $750 million two-year senior secured revolving credit...

News
11 August 2017

Coface raises €700m three-year loan

Coface has raised a €700 million ($823 million) three- year loan from Natixis, Societe Generale, BNP Paribas, Credit Agricole, and BRED as part of its...

Perspective
31 July 2017

Debt departure: Budapest airport refi cuts costs

Budapest’s Ferenc Liszt airport has battled back to secure an extended, cheaper debt package for a recent refinancing. The new facilities, with a pool of international...

Perspective
24 July 2017
in
Power, Transport

Interconnector Italia: Thinking outside the box

Interconnector Italia – a consortium of high-energy-use private sector companies in Italy – has signed a partially EIB-backed financing for its share of the Italy-France...

News
18 July 2017

OTTCO and OOCEP out for loans

Oman Oil subsidiaries Oman Oil Company E&P (OOCEP) and Oman Tanking Terminal Company (OTTCO) are both out to market with major debt raisings. OTTCO launched a...

News
17 July 2017

Olam closes debut Samurai loan and prices low

Olam secured its debut Samurai loan today with a three-year ¥25 billion ($222 million) term loan with 11 Japanese banks.  The Bank of...

News
11 July 2017

Natixis promotes Klinger and appoints new Asia-Pacific infra head

Natixis has promoted Daniel Klinger – previously head of head of aviation, export and infrastructure in Asia-Pacific – to the newly created role of head of...