Banks flock to Trafigura RCF despite reduced pricing
Commodity trader Trafigura is understood to have secured a significant reduction on the pricing of its $4 billion revolving credit facility (RCF) currently in the market....
Commodity trader Trafigura is understood to have secured a significant reduction on the pricing of its $4 billion revolving credit facility (RCF) currently in the market....
Sharjah-headquartered United Arab Bank (UAB)has launched an online trade portal recently, which is designed to transform the ease and speed with which corporate customers...
Electronic Shipping Solutions (ESS) has today announced its rebrand to essDOCS (pronounced ‘sDocs’), a new identity that balances it’s electronic shipping solutions...
VTB Bank has signed a general agreement with Arctech Helsinki Shipyard, in which Russia’s United Shipbuilding Corporation (USC) has a major shareholding. The agreement is...
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...
The Export Insurance Agency of Russia (Exiar) and Biaxplen, a subsidiary of Russia’s industrial group Sibur, have entered into a comprehensive export credit insurance...
Political risk insurance (PRI) broker Berry Palmer & Lyle (BPL Global) is expanding its operational scope in Asia with the hiring of Margaret Ho as a senior broker for...
Export Development Canada (EDC) has priced its first green bond in the principal amount of $300 million.
Qatar Shipping Company, a wholly owned subsidiary of Milaha, has secured a 12-year, $425 million (equivalent to QAR1.55 billion) fixed-term ship financing facility with a...
Houston-headquartered, specialist oil exploration company Pacific Drilling has appointed Paul Reese to the role of chief financial officer (CFO), effective 28 February...
The Japan Bank for International Cooperation (JBIC) and a commercial bank group have arranged a loan of $68 million for the Indonesian government to purchase trucks from...
Singapore-headquartered agri-group Wilmar International has mandated the banks for the launch of its new $1.75 billion revolving credit facility (RCF) syndication.
The African Export-Import Bank (Afreximbank) and Mauritius-based AfrAsia Holdings Limited have signed a term sheet for a $10 million facility. The funds will be made...
Russian fertiliser production company, PhosAgro, has signed a $440.6 million loan package with an international group of banks, supported by the Japanese agencies Japan...
Euler Hermes is expanding its services in Asia-Pacific with the addition of a specialised single risk and political risk insurance team based in Singapore.
KfW IPEX-Bank and NordLB have teamed to structure export credit agency-backed financing of €194 million ($263.7 million) to finance German power plants to South Korea.
Geneva-headquartered trade insurance brokerage IRIA SA has hired highly experienced ex-banker Craig Weeks to head up their North American office. He is based in the IRIA...
The New York office of ING Capital has closed a US Export-Import Bank (US Ex-IM) backed and junior loan financing for MIAT Mongolian Airlines> The proceeds will refinance...
Russian shipping company Sovcomflot (SCF Group) has signed a new $316 million credit facility for the purchase of two new ice-class LNG (liquefied natural gas)...
Italy’s Enel Green Power (EGP), acting through its subsidiary Enel Green Power International (“EGPI”), has signed a €100 million ($136 million) loan agreement with Citi...
There’s agreement between lenders, ECAs and borrowers that sustainability needs to be at the heart of the export finance market. But they remain some distance apart on pricing and priorities.