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08 June 2015

US oil company Apache signs new $3.5 billion credit facility

Houston-headquartered oil and gas exploration and production company Apache Corporation has signed a new credit agreement with a group of international bank lenders...

04 June 2015

Russia’s Metalloinvest signs dual ECA deal with international banks

Russian iron and steel producer Metalloinvest has signed a €267 million ($297 million) export credit agency (ECA) backed agreement with a club of international banks....

04 June 2015

Transnet secures $2.4 billion from China Development Bank

South Africa's state-run logistics and transport company Transnet has secured a ZAR30 billion ($2.4 billion) loan agreement with the China Development Bank (CDB). The...

04 June 2015

Canada’s EDC and Colombian Development Bank sign infra agreement

Export Development Canada (EDC) today announced the signing of an agreement with Colombia’s National Development Bank (Financiera de Desarrollo Nacional -FDN) that will...

03 June 2015

ANZ opens Paris branch to support French companies in Asia-Pacific

ANZ is expanding its international network with the opening today of a branch in Paris to provide wholesale banking services to French multinational companies doing...

03 June 2015

EBRD finances first large-scale solar project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is set to finance a landmark renewable energy project in Kazakhstan, along with co-financing from the Clean...

03 June 2015

Uralkali increases PXF with inclusion of BoC

Russian potash producer Uralkali has announced the upscaling of its new pre-export financing (PXF) with the facility now amounting to $630 million. The increase of the...

02 June 2015

Factors Chain International reports strong growth in European and Americas factoring

Factors Chain International (FCI), a leading network of global factoring companies, is reporting strong growth in cross-border factoring in selective markets. The group...

02 June 2015

Berne Union members’ new business reaches close to $2 trillion in 2014

The Berne Union and the associated Prague Club have revealed that in 2014 members’ new business reached close to $2 trillion. The figures demonstrate the strong role the...

01 June 2015

Metals group AMG signs oversubscribed RCF

Amsterdam-headquartered Advanced Metallurgical Group (AMG) has entered into a new $320 million multi-currency term loan and revolving credit facility (RCF). The facility...

01 June 2015

AfDB signs loans for Egypt’s Sharm el-Sheikh airport development

The African Development Bank (AfDB) has finally formally signed two loans and a letter of agreement for the development of Egypt’s Sharm el-Sheikh airport and to support...

29 May 2015

HSBC’s latest global report forecasts trade acceleration from 2017

HSBC has just released its latest Trade Forecast report, which notes that advanced economies look set to sustain global commerce through 2016 before an emerging market...

29 May 2015

Glencore signs $15.25 billion revolving credit facilities

Swiss-headquartered commodity trading company Glencore has signed its $15.25 billion revolving credit facilities (RCF). A total of 60 banks committed to the facilities,...

29 May 2015

ICC can rekindle banks’ contract with society

Deutsche Bank’s Daniel Schmand is the International Chamber of Commerce’s (ICC) Banking Commission new chairman. Here, he sets out his vision for the trade finance...

29 May 2015

LPC-Metinvest's holdout creditors unlikely to agree debt deal-sources

A minority group of holdout creditors to Ukraine's steel group Metinvest is unlikely to agree to a consent solicitation that expires on 1 June, which could leave...

29 May 2015

AfDB signs $100m risk-participation facility with Firstrand Bank SA

The African Development Bank (AfDB) has signed $100 million unfunded Risk Participation Agreement (RPA) with FirstRand Bank SA. The RPA will see the two banks share...

29 May 2015

Sace forecasts Italian exports to grow by 4.7% in 2015-2018

A favorable economic landscape, generally stable global risk levels and a large unexpressed growth potential: this is the basis of RESTART, Sace’s latest export...

29 May 2015

Top commodity trading houses line up for Iran's return to market

The world's largest commodity trading houses are first in line to profit from the much expected return of Iran to global markets as Tehran and Washington enter...

29 May 2015

Jumping hurdles: Sprint’s ECA trifecta

BEST AMERICAS ECA FINANCE DEAL OF THE YEAR Ollie Gordon assesses the structuring that was required to deliver success for the Sprint telecoms financing in the US.

29 May 2015

Star Rafineri: breaking ground in ECA multisourcing

BEST OVERALL ECA/PROJECT FINANCE DEAL OF THE YEAR Dalia Gebrial reviews a complex multisource finance bringing seven export credit agencies together in Turkey.