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23 June 2015

Trafigura and Singapore LNG sign strategic deal to utilise excess storage capacity

Commodity trading company Trafigura and Singapore LNG Corporation (SLNG), operator of the country’s first liquefied natural gas (LNG) terminal, have signed a storage...

22 June 2015

BAML issues latest North America Treasurer Report

BAML's latest North American Treasurer Report, co-published with TMI. It contains a series of articles on the health of transaction banking, and sees cause for...

22 June 2015

Mercuria Energy closes multi-currency RCF oversubscribed

Independent energy and commodities trading group Mercuria Energy Trading has signed a $2.5 billion multi-currency revolving credit facility (RCF). Following strong demand...

22 June 2015
in
Infrastructure, Transport

MSC Cruises secures €1.2 billion ECA-backed financing

Leisure cruise line MSC Cruises (MSC) has secured €1.2 billion ($1.35 billion) export credit agency (ECA) backed financing for the construction and purchase of two...

22 June 2015

BB Energy signs increased RCF amid strong demand

Independent energy trading company BB Energy has signed a $200 million revolving credit facility (RCF) with a club of 25 financial institutions.

22 June 2015

Noor Bank leads closing of Islamic financing for Stanford Marine

Dubai-headquartered offshore supply vessel company Stanford Marine Group (SMG) has secured a AED 1.2 billion ($326.7 million) Islamic syndicated structured finance...

22 June 2015

US energy company Venoco completes refinancing

Independent US-based energy company Venoco has entered into a new $75 million term loan facility with Deutsche Bank. The company will use the proceeds from the new...

22 June 2015

Ukraine’s Kernel secures EBRD funds in syndicated bank facility

Ukraine’s leading vertically integrated agribusiness company Kernel has signed a $65 million syndicated working capital credit facility with a group of European...

22 June 2015

Navios Midstream closes loan for VLCC acquisition

New York-listed crude carrier owner and operator Navios Maritime Midstream Partners has closed a $205 million term loan facility with a club of international banks. The...

22 June 2015

ENOC signs $1.5 billion syndicated loan

Dubai-based refining and trading company Emirates National Oil Company (ENOC) has secured a $1.5 billion syndicated loan through some 21 banks which took part in the...

22 June 2015

King & Spalding hires energy team for new Tokyo office

International law firm King & Spalding are set to open an office in Tokyo, the firm's eighteenth office overall and tenth office outside the United States. The new Tokyo...

22 June 2015

GIEK and Export Credit Norway fund fish farm export

Norway’s export credit agency, GIEK, together with funding body Export Credit Norway have arranged financing of €6.7 million ($7.5 million) for the export of a fish farm...

21 June 2015

Banks' risk appetite is adapting to new climate

This week, JB’s email to TXF subscribers had a sting in its tail: a reproach to financial institutions for their seeming reluctance to do business in Russia. At the same...

19 June 2015

Cocobod formally announces close of senior phase of annual PXF syndication

Today, the Ghana Cocoa Board (Cocobod) formally announced the close of the senior phase of its annual pre-export financing for the 2015-2016 cocoa crop. The financing was...

19 June 2015

Natixis and pbb co-arrange Airbus purchase for Turkish Airlines

Natixis and pbb Deutsche Pfandbriefbank (pbb) have co-arranged the financing of three Airbus aircraft for Turkish Airlines. The transaction is unusually financed in Swiss...

19 June 2015

UniCredit signs new credit facility for Gazprom

UniCredit Austria has signed a new credit agreement for Russian oil and gas company Gazprom – totaling €300 million ($335 million). The signing took place today at the St...

19 June 2015

Sberbank and SACE sign cooperation agreement

Sberbank of Russia and Italian export credit agency SACE have signed a memorandum on developing future cooperation. The agreement took place during the St Petersburg...

18 June 2015

UKEF reports strong performance through 2014-2015

UK Export Finance (UKEF), the UK’s export credit agency, has released its 2014-2015 annual report which reveals a strong performance through the year by the agency with a...

18 June 2015

Sibur makes progress with funding for its ZapSibNeftekhim petrochemical project

Russian gas processing and petrochemicals company Sibur has made significant progress with the financing for its ZapSibNeftekhim petrochemical project, through an...

18 June 2015

Democrats move to force a vote on US Ex-Im

Today, with just five days for Congress to act before US Ex-Im shuts down, Democrats on the Financial Services Committee took to the House floor in an attempt to force...