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17 July 2015
in
Transport

Landmark deal sees UK Export Finance and HSBC combine for first RMB-funded financing

The UK export credit agency UK Export Finance (UKEF) and HSBC have teamed to arrange the first ever offshore renminbi (RMB) financing for an aircraft purchase – in this...

17 July 2015

EIB opens first office in Addis Ababa

At a ceremony held in Addis Ababa earlier today the European Investment Bank (EIB), the EU's non-profit long-term lending institution, formally opened the...

17 July 2015

ANZ boosts transaction banking with senior hire

ANZ has boosted its global transaction banking (GTB) business with the appointment of Francyn Stuckey as global head of capabilities and client solutions in its...

16 July 2015

AAG Energy secures $250 million RBL facility

Asian American Gas Holdings (AAG Energy) a leading and independent coalbed methane (CBM) producer in China, has secured a $250 million reserve-based lending (RBL)...

16 July 2015

ICC secretary general wants global trading system reform

With the Third International Conference on Financing for Development (FFD3) taking place this week in Addis Ababa, the Financial Times has published a letter by...

16 July 2015

World Bank Group further strengthens mass transit in Izmir

The International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), members of the World Bank Group, are helping finance an extension of...

16 July 2015

Mitsubishi Corporation participates in FPSO project in the Gulf of Mexico

Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line), have entered a joint venture with SBM Offshore (SBM), a Dutch-based group of companies...

16 July 2015

MIGA to invest in Pakistani hydropower project

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, announced today it is providing...

16 July 2015

Metalloinvest pushes through new $750 million PXF

Russian iron and steel producer Metalloinvest has signed a new $750 million pre-export finance (PXF) facility with a club of international banks. TXF News understands the...

15 July 2015

9.9% growth expected for Pacific economies in 2015 despite disasters

Pacific economies are expected to achieve average growth of 9.9% in 2015, as positive external flows outweigh the impacts of recent disasters, according to ADB's...

15 July 2015

Non-US corporations to benefit most from Iran deal

An agreement has been reached yesterday between Iran and six world powers to lift sanctions against the Islamic Republic. With the fourth-largest crude reserves and...

15 July 2015

Richard Tynan appointed managing director for new London PrimeRevenue entity

PrimeRevenue, supply chain finance solutions specialist, announced today that Richard Tynan has been appointed managing director for a new PrimeRevenue entity based in...

15 July 2015

Banks sign $350 million financing for Kenya Pipeline’s Mombasa-Nairobi line

A consortium of local, regional and international banks has arranged a $350 million loan facility for Kenya Pipeline Company (KPC) for a new fuel products pipeline to run...

15 July 2015

ING and EBRD team for Ukrainian ViOil pre-financing

Ukraine’s major Ukrainian sunflower oil producer and exporter Industrial Group ViOil (ViOil) has secured a $40 million pre-financing through Dutch bank ING and the...

15 July 2015

BNPP and Intesa Sanpaolo finance Kenya’s Itare dam project

BNP Paribas and Intesa Sanpaolo are providing export credit financing to fund the €306 million ($334.7 million) Itare dam project in Kenya. The project, which is backed...

15 July 2015

New CEO appointed at FIMBank

Malta-headquartered trade finance bank, FIMBank has appointed Murali Subramanian as its new chief executive officer (CEO). The change comes following a seven-month period...

15 July 2015

IADB finances Ecuador steel plant

The Inter-American Development Bank (IADB) is providing a $37 million loan to assist with the financing of a new 400,000 tons per year steel production plant in...

15 July 2015

CEFC finances DeGrussa copper mine solar project in Western Australia

The Clean Energy Finance Corporation (CEFC) is committing up to $15 million for the development of the 10.6MW solar plant with 6MW of battery storage at Sandfire...

14 July 2015

Planemakers set for Iranian billions if nuclear deal reached

Western planemakers like Airbus and Boeing could make up to $20bn in deals with Iran, if a deal is done on its nuclear program to allow one of the most promising...

14 July 2015

China to finance Kenyan 50MW solar power project

The Export-Import Bank of China (China Ex-Im) has pledged financial support for the development of a solar power plant in Kenya, expected to be one of the largest...