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29 May 2015

HSBC’s latest global report forecasts trade acceleration from 2017

HSBC has just released its latest Trade Forecast report, which notes that advanced economies look set to sustain global commerce through 2016 before an emerging market...

28 May 2015

Traxys signs oversubscribed borrowing base facility

Luxembourg-headquartered commodity trading company, Traxys Sarl (Traxys) has signed and closed a $1 billion borrowing base facility. The funds will be used to refinance...

28 May 2015

EIB and EBRD sign loans to support Poland’s Grupa Azoty industrial expansion

The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) are teaming up to support further expansion of Grupa Azoty, Poland’s...

26 May 2015

Finacity advises on government receivables funding programme

Finacity Corporation (Finacity), the receivables finance company, has announced it has served as advisor – and will serve as ongoing reporting administrator – for a new...

25 May 2015

Romania’s OMV Petrom signs €1 billion RCF

OMV Petrom, the largest oil and gas producer in South-Eastern Europe, has signed a revolving credit facility (RCF) amounting to €1 billion ($1.1 billion). The funding has...

22 May 2015

Petrobras closes $5 billion funding deal with China Development Bank

Brazilian state-run oil company Petroleo Brasileiro (Petrobras) has signed and closed a $5 billion funding agreement with China Development Bank (CDB).

22 May 2015

Trafigura places control of metals and minerals trading with Jeremy Weir

Commodity trading company Trafigura Beheer BV has announced that Jeremy Weir, chief executive officer, is assuming responsibility for the metals and minerals trading...

20 May 2015

BAML appoints new head of trade

Bank of America Merrill Lynch (BAML) has appointed Percy Batliwalla as its new head of global trade and supply chain finance.

19 May 2015

Puma Energy closes $1.25 billion facility oversubscribed

Singapore-headquartered Puma Energy, a global mid and downstream energy company, has closed its revolving credit (RCF) and term loan facilities amounting to $1.25...

15 May 2015

HSBC appoints Asia-Pacific head of GTRF

HSBC has appointed Tan Siew Meng the newly created role of regional head global trade and receivables finance (GTRF) Asia-Pacific, with effect from 1 July 2015. This is a...

14 May 2015

EBRD announces TFP award winners

The European Bank for Reconstruction and Development (EBRD) honoured the most successful participants in its Trade Facilitation Programme (TFP) 2014 in an award ceremony...

11 May 2015

UniCredit merges global syndications and capital markets businesses

UniCredit announced today that it has combined its global capital markets and loan syndication businesses to create a new global syndicate and capital markets platform to...

08 May 2015

RDIF signs four deals increasing financing cooperation between Russia and China

The Russian Direct Investment Fund (RDIF) has announced four major financing initiatives increasing Russia’s trade and economic cooperation with China. The development of...

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

Lundin Petroleum successfully secures ERF financing

Lundin Petroleum AB (Lundin Petroleum) has announced that its subsidiary Lundin Norway AS (Lundin Norway) has successfully secured a NOK4.5 billion ($596.6 million)...

30 April 2015

Overdue payments rising in Asia-Pacific

Seventy percent of companies in the Asia-Pacific region experienced overdue payment of some form in 2014, the highest levels in three years, according to an annual survey...