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31 March 2015

Caspian Impact Investments raises financing from OPIC

Caspian Impact Investments (CII) has today closed a debt financing commitment of $20 million from the Overseas Private Investment Corporation (OPIC), the US government’s...

31 March 2015

İşbank’s German subsidiary signs debut syndicated loan for trade

İşbank Aktiengesellschaft (İşbank AG), the Frankfurt-based subsidiary of Turkish bank group Türkiye İş Bankası AŞ, has secured its inaugural syndicated loan facility for...

30 March 2015

Commerzbank forecasts future drivers of sustainable trade

There is a general consensus within the banking industry that – as a concept at least – privileging short-term profitability over the long-term health of an institution...

30 March 2015

Trafigura signs oversubscribed $5.3bn European RCF

Commodity trader Trafigura has signed a $5.3 billion multi-currency revolving credit facility (RCF) with a syndicate of 51 banks. Initially launched at $4.25 billion, the...

30 March 2015

Update: Emirates set to close UKEF-backed sukuk

Emirates, the Dubai-based airline, is set to wrap up its much-anticipated sukuk guaranteed by British export credit agency (ECA) UK Export Finance (UKEF), after...

30 March 2015

IFC commits to the FIG Fund for emerging markets

International Finance Corporation (IFC) has committed up to $200 million to the IFC Financial Institutions Growth Fund (FIG Fund). The FIG Fund’s mandate is to make...

30 March 2015

ANZ expands RMB capabilities in Shanghai and Hong Kong to support cross-border trade

ANZ has made a number of senior appointments in its renminbi (RMB) banking and trading teams, to support growing volumes of RMB denominated cross-border financing for...

27 March 2015

Saudi Aramco lands $10bn RCF

Saudi Arabian oil company Saudi Aramco has signed a $10 billion standby revolving credit facility (RCF) agreement with a club of 27 banks. The RCF replaces the existing...

27 March 2015

ING closes Coface-backed financing for Korean Air

ING Bank has closed another Coface-guaranteed financing for Korean Air Lines (Korean Air). The transaction was structured by ING Capital in New York as the sole...

26 March 2015

Louis Dreyfus appoints Asia head of trade finance

Commodity trading company Louis Dreyfus Commodities has appointed Vijay Anand Ramanujam as its new regional head of trade finance for Asia. He is based in Singapore.

26 March 2015

APICORP secures $950 million shariah-compliant syndicated financing

Saudi Arabian-based investment company, the Arab Petroleum Investments Corporation (APICORP), has successfully secured new financing through a shariah-compliant...

26 March 2015

Mechel appoints new head of corporate finance

Russian mining and metals company Mechel has appointed Ekaterina Istratova as its new head of corporate finance. As such, Istratova returns to the company where she...

26 March 2015

EDC finances construction of Hispasat satellite

Canadian export credit agency (ECA) Export Development Canada (EDC) has provided the Spanish satellite communications operator, Hispasat Group (Hispasat), with a €140...

26 March 2015

ABN strengthens ECT team with senior originator appointment

ABN AMRO has strengthened the sector focus of its energy, commodities & transportation (ECT) clients business with the appointment of Albena Vassileva. She has the title...

26 March 2015

NEXI cover for Caterpillar exports to Turkey

Nippon Export and Investment Insurance (NEXI) is providing credit guarantees to an overall approximate €45.4 million ($49.4 million) transaction financing Caterpillar...

26 March 2015

UK Treasury fines UKEF for off-payroll subcontracting

UK export credit agency UK Export Finance (UKEF) has been fined £500,000 by the Chief Secretary to the Treasury, Danny Alexander.

25 March 2015

Delcredere/Ducroire doubles its forfaiting capacity to support SMEs

The Belgian public credit insurer Delcredere/Ducroire has announced that it will intensify its programme of support for small and medium-sized enterprises (SMEs). As...

25 March 2015

Mizuho poaches Rand banker to head up Johannesburg office

Mizuho Bank has hired Moses Singo as the senior director of global trade finance in its Johannesburg office.

25 March 2015

SACE appoints first head of debt capital markets

Italian export credit agency (ECA) SACE has appointed Bernardo Attolico to head up its new debt capital markets division, aimed at developing services dedicated to...

25 March 2015

Gold standard: Three links that show the yuan is ready to float

The value of the yuan against the US dollar is not making the headlines it should at the moment. Between the 17th and 20th March it appreciated by nearly 1%.