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24 March 2014

Financing signs for Kenya’s Lake Turkana Wind project

Project development company Lake Turkana Wind Power (LTWP) has signed the financing documents amounting to €623 million ($859 million) with a group of financial...

24 March 2014

Roy Hill secures record mine project financing

The Roy Hill iron ore mining project has secured funding for $7.2 billion from a consortium of five export credit agencies (ECAs) and 19 international banks – the largest...

20 March 2014

Vitol turns to former UK energy minister Charles Hendry

Swiss energy-trader Vitol has appointed Charles Hendry, Conservative MP for Wealden and a former energy minister, as a consultant on a part time basis. Hendry will...

20 March 2014

Metalloinvest signs PXF facility

Russian iron ore producer Metalloinvest has signed a $1.15 billion pre-export facility with a number of international banks.

06 March 2014

Zambia’s Zesco secures Swedish export credit financing

Zambia Electricity Supply Corporation (Zesco) has signed a $163 million export financing agreement with Nordea and Standard Bank to finance the company’s north-western...

24 February 2014

Ray Zabarte joins RBS as head of trade services

The Royal Bank of Scotland (RBS) has expanded its global transaction services division, appointing Ray Zabarte as its new head of trade services. Zabarte, who was...

21 February 2014

Trafi signs to take stake in Chinese copper smelter

In a strategic move, commodity trader Trafigura together with Trafigura Investment (China) has signed an agreement to acquire a 30% equity stake in the Jinchuan Group's...

19 February 2014

Keaton Energy secures financing facility from Investec

Keaton Energy, the South African coal mining and development company, has concluded a R350 million ($32 million) financing facility from Investec Bank, of which R300...

19 February 2014

Norton Rose Fulbright opens Brazilian office

Law firm Norton Rose Fulbright is expanding its Latin America coverage with the opening of an office in Brazil. The firm’s Brazilian practice will initially be based in...

18 February 2014

Bpifrance to launch financing mechanism to support SME exports

Bpifrance, the French public investment bank, has announced a new funding mechanism aimed primarily at small and medium-sized enterprises (SMEs) to help French businesses...

11 February 2014

Afreximbank to assist Zimbabwe trade banks

The African Export-Import Bank (Afreximbank) has entered into an agreement with Zimbabwe to help tackle the country’s financial sector liquidity challenges through the...

07 February 2014

RBS names new Asia head of STF

The Royal Bank of Scotland (RBS) has appointed Sander Hansen as its new Asia head of structured trade finance. Hansen will be responsible for leading the development of...

06 February 2014

KfW to finance Meyer Werft-built RCCL cruise ship

KfW IPEX-Bank is financing a cruise ship commissioned by Royal Caribbean Cruises (RCCL) to be built by Meyer Werft – the third Quantum-class cruise ship built at the...

06 February 2014

Gazprom Neft reviews debt portfolio

Russian oil and gas producer Gazprom Neft’s board of directors has been reviewing the company’s debt structure, with a view to the optimisation of raising funds.

05 February 2014

EDC opens in Bogota to tap further business in the region

Canada’s export credit agency, Export Development Canada (EDC), has continued its expansion across the Andes with the establishment of a permanent representative office...

03 February 2014

Electronic Shipping Solutions rebrands as essDOCS

Electronic Shipping Solutions (ESS) has today announced its rebrand to essDOCS (pronounced ‘sDocs’), a new identity that balances it’s electronic shipping solutions...

29 January 2014

Suek signs syndicated PXF facility

Russian coal mining company Siberian Coal Energy (Suek) has secured a five-year, $1.5 billion syndicated pre-export finance (PXF) facility. The deal was signed on 28...

28 January 2014

First Quantum mandates banks for new facilities

First Quantum Minerals (First Quantum) has formally mandated banks to arrange a new $2.5 billion five-year term loan and revolving credit facility. The company has also...

28 January 2014

EBRD and HSBC provide Egypt’s IPR with energy loan

The European Bank for Reconstruction and Development (EBRD) and HSBC Egypt have combined to provide a $100 million financing facility for independent Egyptian exploration...

20 January 2014

Basel Committee issue amendments to leverage ratio framework

The Basel Committee has issued changes to the Basel III regulatory framework’s leverage ratio structure and disclosure requirements, following a consultation process on...