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22 May 2015

High Court rules on Qingdao case in favour of Mercuria against Citi

After months of legal wrangling in the UK courts, the High Court in London has finally ruled in favour of commodity trading company Mercuria, in the Mercuria Energy...

20 May 2015

UniCredit hires new head of trade finance, France

UniCredit has appointed Dominique Honoré as its new head of trade finance international sales for France.

15 May 2015

UKEF creates interactive toolkit for insurance brokers

The United Kingdom’s (UK) export credit agency, UK Export Finance (UKEF), has set-up an innovative, new online and interactive guide to help credit insurance brokers work...

15 May 2015

Demica appoints Tim Davies first Europe head of origination

Working capital solutions provider Demica has appointed Tim Davies to the newly created role of head of origination, Europe. He will report directly to Demica’s chief...

14 May 2015

Russia’s VEB ramps up business in China

Russian state corporation Vnesheconombank (VEB) has increased business with Chinese institutions by signing a $8 billion framework credit agreement with China Development...

08 May 2015
in
Metals and Mining

BHP Billiton selects essDOCS for harmonised documentation solution

Following a global tender, essDOCS, a leading enabler of paperless trade, has has won the contract to develop and deliver a document preparation (Doc Prep) solution for...

06 May 2015

Freeport LNG secures project financing for third and final liquefaction train

The third subsidiary of the Texas Freeport LNG Expansion (Freeport LNG) project, FLNG Liquefaction 3 (FLIQ3), has successfully closed $3.692 billion worth of secured...

05 May 2015

ADB signs $1 billion agreement with Azerbaijan to upgrade power grid

The Asian Development Bank (ADB) and the government of Azerbaijan have signed an agreement for a $1 billion investment programme to rehabilitate and expand the country’s...

05 May 2015

Treading the path to the new world of payments

Ross Jones, senior product manager, Treasury Services EMEA, BNY Mellon, discusses how banks are left with little choice but to reassess their strategies and up their game...

04 May 2015

ADB signs first-ever PPP co-advisory agreement with global banks

The Asian Development Bank (ADB) has signed a public-private partnership (PPP) co-advisory agreement with eight global commercial banks. The move is aimed at accelerating...

01 May 2015

Shell signs new $15 billion bridge loan for BG Group acquisition

Oil major Royal Dutch Shell has signed a new £10.07 billion ($15.24 billion) bridge credit facility with core relationship banks, as part of its financing related to the...

30 April 2015

IFC and RBS arrange loan facility for China Gas

International Finance Corporation (IFC) and The Royal Bank of Scotland (RBS) have jointly put together a $300 million financing package for China Gas Holdings (China...

30 April 2015

Ithaca Energy secures extended and simplified bank debt facilities

Oil and gas operator Ithaca Energy has executed extended and simplified bank debt financing facilities totalling $650 million. The company says the new arrangement...

29 April 2015

Nidera finally closes $900 million revolver

Agricultural trading company Nidera has finally closed a $900 million revolving credit facility (RCF). The facility has been in syndication for over three months, having...

29 April 2015

Korean ECAs lead major project financing for Vale

The Export-Import Bank of Korea (Kexim) and Korea Trade Insurance Corporation (K-Sure) have finally signed a $5.5 billion Brazil-South Korea financing transaction for the...

29 April 2015

International Bank of Azerbaijan secures loan for trade

The state-owned International Bank of Azerbaijan (IBA) has secured a $200 million loan through a syndicate of international banks. The funds will be used to onlend to...

28 April 2015

Does trade finance drive trade?

If Quantitative Easing (QE) in Japan and Europe was meant to do anything, it was meant to weaken the yen and the euro in order to stimulate export-led recovery. It is too...

27 April 2015

EXIAR formally announces new board of directors

The sole shareholder of the Export Insurance Agency of Russia (EXIAR) – state corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) – has today...

23 April 2015

China to inject $62 billion into CDB and China Exim for 'New Silk Road'

The People’s Bank of China, the country’s central bank, will allocate $62 billion of its foreign exchange reserves to the Export-Import Bank of China (China Exim) and...

22 April 2015

Cofco makes float pledge as it looks to go global

The Chinese state-run grain trading company China National Cereals, Oils and Foodstuffs Corporation (Cofco) has announced that it is intending to float within...