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06 July 2015

Putin approves Russian Export Center

Russian President Vladimir Putin has signed a law to establish the Russian Export Center (REC).The REC is designed to provide Russian exporters with a single window...

06 July 2015

Isolux Corsan 'preferred bidder' for Mecca Metro lines

Spanish engineer Isolux Corsan, in consortium with the Turkish company Kolin İnşaat Turizm Sanayi ve Ticaret and the Arab Haif company, has been appointed the...

06 July 2015

Pattern Development closes C$393 million financing for Meikle Wind project

Pattern Energy Group (Pattern Development) has closed the C$393 million ($308 million) in financing for its 180 megawatt (MW) Meikle Wind power project located in British...

06 July 2015

African development hamstrung by $120bn trade finance gap

A lack of access to affordable trade finance is holding back the economic and employment potential of African countries, says Stanbic Bank, a member of Standard...

06 July 2015

Local businesses to suffer US Ex-Im loss

Joint Economic Committee (JEC) Ranking Democrat Carolyn B Maloney, D-NY, says a new report provides strong evidence that the failure of Congressional Republicans to...

06 July 2015

Italy’s SACE finalises €200 million credit for Angola’s Sonangol

Italian export credit agency, SACE, has signed a cooperation agreement with the Angolan Ministry of Finance. The agency has also finalised a €200 million ($220 million)...

06 July 2015

JBIC reorganises its infrastructure and environment finance group

The Japanese export credit agency, Japan Bank for International Cooperation (JBIC), has reorganised its infrastructure and environment finance group. The realignment is...

06 July 2015

Baker & McKenzie names new global trade & commerce head

Law firm Baker & McKenzie has named Stockholm partner Mattias Hedwall as the new leader of its 450-lawyer global trade & commerce group.

03 July 2015

Halcyon Agri signs $413 million loan and working capital facility

Natural rubber supply chain manager Halcyon Agri Corporation has successfully completed a refinancing of up to $413 million, replacing existing debts with a mix of term...

02 July 2015

Cheniere Partners secures $5.8 billion new debt financing for Sabine Pass Train 5

Cheniere Energy Partners (Cheniere Partners) has secured debt financing of approximately $5.8 billion for its wholly-owned subsidiary the Sabine Pass Liquefaction’s (SPL)...

02 July 2015

Veja Mate wind farm project financing closes

Highland Group Holdings (HGHL), Siemens Financial Services (SFS) and Copenhagen Infrastructure II fund have arranged and closed the project financing for the 400 MW Veja...

02 July 2015

MIGA recruits Karin Finkelston as COO

The Multilateral Investment Guarantee Agency (MIGA) has recruited and appointed Karin Finkelston as vice president and chief operating officer (COO). In her new role,...

02 July 2015

Israel and IADB sign pact for R&D, trade

The Inter-American Development Bank, the largest investment authority in Latin America and the Caribbean Islands, has signed a cooperation agreement with...

02 July 2015

EBRD signs trade facility with Eurobank Cyprus

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade in Cyprus with a €20 million trade facility to...

02 July 2015

RBS refers clients to BNP Paribas for transaction services

Royal Bank of Scotland (RBS) today said it will no longer provide cash management and trade finance services to thousands of customers outside Britain and Ireland and...

02 July 2015

Finnvera to guarantee new ship deals

Finnish export credit agency Finnvera will participate in the financing of two cruise vessels, Mein Schiff 7 and 8, ordered by the German-based TUI Cruises and to be...

01 July 2015

Castleton Commodities closes $3.75 billion credit facilities

US-headquartered, Castleton Commodities International (CCI) has closed two committed credit facilities totalling $3.75 billion. The funds will be used for general...

01 July 2015

Open account and non-recourse receivables finance driving trade-finance growth in the GCC

Open account trade has been growing in GCC markets during the last few years . As a result, some of the more sophisticated companies have started to move to non-recourse...

01 July 2015

Silversea secures SACE-backed export credit facility

Cruise ship operator Silversea has secured and finalised a $293.5 million export credit facility, backed by Italian export credit agency SACE. The funds will part finance...

01 July 2015

Working capital – a strategic opportunity?

David Viney, at Finacity Corporation, takes a close look at the management of working capital and how companies can use working capital flexibility as a means of...