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24 July 2013

Banks and EBRD team for Romanian telecoms

COSMOTE Romania – the country’s third-largest mobile operator and a subsidiary of the Hellenic Telecommunications Organisation (OTE), the Greek incumbent and leading...

23 July 2013

Tanzania gets Kexim loan for e-government project

The Export-Import Bank of Korea (Kexim) has signed an agreement with the government of Tanzania to provide a $54.3 million loan for the funding of Tanzania’s National ID...

20 July 2013

Gunvor looks to develop West African oil hub

Swiss-headquartered energy trading company Gunvor has signed a deal with the government of Gabon to create a joint venture to sell and distribute refined petroleum...

19 July 2013

HSBC appoints forfaiting global head

HSBC has appointed Luiz Simione as global head of forfaiting and risk distribution for global trade and receivables finance (GTRF). He will be based in London and takes...

18 July 2013

Concern to revive credit growth in emerging Europe

As external funding withdrawal in emerging Europe generates increasing concern, agencies and banks have met to discuss the issues and trends. The Vienna 2 Initiative...

17 July 2013

Hochberg confirmed as US Ex-Im president

Fred Hochberg has been confirmed as by the US Senate to serve a second term as president of the Export-Import Bank of the United States (US Ex-Im). This move followed...

16 July 2013

Petrobras signs financing package with Japanese institutions

Brazilian oil company Petrobras has signed two financing programmes with the Japan Bank for International Cooperation (JBIC) for the offer of two lines of credit...

15 July 2013

BAFT-IFSA announces head of trade services

BAFT-IFSA, the US-headquartered international financial services association, has appointed Stacey Facter as the association’s new senior vice president of trade...

15 July 2013

FX Energy closes new senior credit facility

FX Energy has finalised a new five-year, up to $100 million senior reserve based lending facility. BNP Paribas (BNPP) acted as coordinating mandated lead arranger....

15 July 2013

Sace guarantees financing for Eskom’s Ingula contracts

Italy’s export credit agency Sace is guaranteeing loans in favour of Eskom Holdings (Eskom), the South African energy public utility wholly, related to some of the...

11 July 2013

HSBC and US Ex-Im finance farm equipment to China

The two separate loans from HSBC total $55.6 million. Both loans are backed with comprehensive guarantees from the Export-Import Bank of the United States (US Ex-Im).

11 July 2013

StanChart signs bilateral RMB loan with Shenzhen International

The transaction marks the beginning of a new collaboration between both parties.

08 July 2013

Nedbank funds GE loco exports to South Africa

The Export-Import Bank of the United States (US Ex-Im) has agreed to provide guarantees for a new financing package arranged for South Africa’s freight rail and logistics...

05 July 2013

Deutsche appoints Americas head of GTB

Deutsche Bank has appointed Susan Skerritt as its new regional head Americas for its global transaction banking division. She will be based in New York. Skerritt joins...

02 July 2013

BofAML names EMEA head of GTS

Bank of America Merrill Lynch (BofAML) has named Jennifer Boussuge as head of global transaction services (GTS) for EMEA (Europe, Middle East, Africa). This is an...

02 July 2013

David Hennah rejoins Misys as head of trade

Trade industry specialist David Hennah has moved back to Misys after an eight-year stint with SWIFT. He has been hired by Misys as head of product management practice for...

02 July 2013

Shoreline Natural Resources secures RBL financing

Oil producer Shoreline Natural Resources (Shoreline) in Nigeria has secured a refinancing facility which gives it better terms, structure and a longer tenor over an...

02 July 2013

Mercuria RCF heavily oversubscribed

Swiss-headquartered Mercuria Energy Trading has signed its latest revolving credit facilities totalling $1.8 billion. The transaction was signed on 1 July, 2013.

01 July 2013

BB Energy finds loan success

The Netherlands-based arm of energy trading company BB Energy has secured a revolving credit facility (RCF) arranged by relationship banks. The $125 million, one-year...

01 July 2013

Falcon group boosts Europe team

Alternative trade financier Falcon Group has recruited Emma Clark as its new head of business development UK and Europe. She joins from insurance brokers RK Harrison...