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26 March 2014

Deutsche creates head of RMB services position

Deutsche Bank has created a new role for the management of renminbi (RMB)-related activity across its global operations, the global head of RMB services, and appointed...

26 March 2014

Trafigura revamps management team

Global commodities trader Trafigura has announced that company co-founder and chairman Claude Dauphin has stepped down from his role as chief executive officer, with...

26 March 2014

Trafigura secures first significant yen loan

Trafigura has negotiated its first significant loan in the Japanese currency, with the close of a JPY25.5 billion ($250 million) loan.

26 March 2014
in
Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Canada’s EDC provides financing for Turkey’s AKLease

Export Development Canada (EDC) has provided Turkey’s Ak Finansal Kiralama (AkLease) with a $10 million credit line to create opportunities for Canadian equipment makers

26 March 2014

Credit Bank of Moscow secures syndicated loan

The Credit Bank of Moscow (CBM) has signed a new syndicated loan facility with international lenders for up to $500 million.

25 March 2014
in
Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Pine sustainability drive supported by IADB and Commerzbank

Brazil’s Banco Pine will benefit from a $115 million loan from Commerzbank and the Inter-American Development Bank (IADB), which it will use for onlending to support...

25 March 2014

Sian Aspinall recruited to help shape BPL strategy

Sian Aspinall, formerly of AIG and Zurich, has joined Berry Palmer & Lyle (BPL Global) as development and technical director, where she been tasked with shaping and...

25 March 2014

HSBC appoints Nivison as business banking head

HSBC has appointed Stuart Nivison as the new global head of business banking. The move is designed to help improve services for small to medium-sized enterprises (SMEs)...

24 March 2014

Financing signs for Kenya’s Lake Turkana Wind project

Project development company Lake Turkana Wind Power (LTWP) has signed the financing documents amounting to €623 million ($859 million) with a group of financial...

24 March 2014

Enel signs loan with Santander for Mexican wind

Enel Green Power (EGP) has signed a €153 million ($211 million) loan agreement with Santander. The loan is associated with EGP’s investments in wind power in Mexico,...

24 March 2014

Financing closes on Canada’s K2 Wind Power project

The C$850 million ($771.4 million) K2 Wind Power project in Ontario, Canada has reached financial close.

24 March 2014

Banks jump onboard as Bunge revolver signs

Agricultural producer and trading company Bunge has signed its three year, $1.75 billion revolving credit facility (RCF). The transaction was initially launched in...

24 March 2014

Stemcor boosted by new credit facility

Stemcor has secured a $1.15 billion syndicated loan from five lenders in what could be a major boost for the British steel trader. The facility follows a high court...

24 March 2014

Roy Hill secures record mine project financing

The Roy Hill iron ore mining project has secured funding for $7.2 billion from a consortium of five export credit agencies (ECAs) and 19 international banks – the largest...

21 March 2014

Afreximbank signs landmark syndicated loan

African Export-Import Bank (Afreximbank) has signed landmark loan facilities with a syndicate of international financial institutions totalling a massive $774 million.

21 March 2014

Akbank signs syndicated loan for trade

Akbank has signed a $1.36 billion syndicated loan, which sees 35 international banks providing funds to the Turkish institution.

21 March 2014

US Ex-Im signs major MoU with Philippines for energy projects

The Export-Import Bank of the United States (US Ex-Im) has signed a $1 billion Memorandum of Understanding (MoU) with the Philippine Department of Energy (DOE) that will...

20 March 2014

Vitol turns to former UK energy minister Charles Hendry

Swiss energy-trader Vitol has appointed Charles Hendry, Conservative MP for Wealden and a former energy minister, as a consultant on a part time basis. Hendry will...

20 March 2014

Metalloinvest signs PXF facility

Russian iron ore producer Metalloinvest has signed a $1.15 billion pre-export facility with a number of international banks.

20 March 2014

UK budget outlines key role for UK Export Finance

UK businesses exporting products and services abroad have received a boost in the Chancellor’s budget, after the Direct Lending Scheme was doubled to £3 billion ($5...