News
6 December 2012
Spanish bank BBVA and Deutsche Bank have financed a Brazilian infrastructure project comprising 16 bridges and related connection roads delivered by the Italian construction company, Rivoli SpA....
News
6 December 2012
Deals of the year winner 2011 Reliance industries has closed a deal with US bank J.P. Morgan for a loan of US$1.06bn on 4 December 2012, guaranteed by the Export-Import Bank of the United States (...
News
30 November 2012
Siberian Coal Energy Company OJSC (SUEK) has secured a US$600m five-year syndicated pre-export loan facility.
News
21 November 2012
Nyrstar, the Belgian/Swiss mining and smelting group has completed a new multi-currency structured commodity trade finance facility of EUR400m – which includes an accordion to increase to...
News
13 November 2012
Gunvor is moving ahead with
plans for its new refinery in
Belgium, having launched a US$500m borrowing base secured revolving credit facility (RCF) to support operations.
ING and Rabobank are...
News
8 November 2012
Bibby Offshore Limited, the offshore services division of Bibby Line Group Limited has secured a GBP53m (US$84.8m) loan from Standard Chartered to purchase the diving support vessel (DSV) Toisa...
News
8 November 2012
State-owned Abu Dhabi National Energy Company (TAQA) has hired ten banks to arrange a US$2bn syndicated loan to refinance debt maturing in December 2013.
Reuters reported on 26 October
that...
News
7 November 2012
Geneva-based energy commodity trading company Mercuria has closed a US$700m uncommitted secured 18-month borrowing base facility with ING Bank acting as sole co-ordinator.
The Bank of...
News
7 November 2012
Ukrainian agricultural producer PJSC Creative signed a US$255m syndicated commodity facility on
5 October 2012.
The deal was led and arranged by PJSC Ukrsotsbank and UniCredit Bank AG as co...
News
7 November 2012
Trafigura, the Dutch multinational commodity trading company, has syndicated two revolving credit (RCF) and term loan facilities, both of which were oversubscribed after launch.
Asia
In Asia,...
News
25 October 2012
Spanish bank BBVA’s structured trade finance team has come up with an unfunded scheme to issue the contract bonds (such as bid bonds, performance bonds) of Spain’s largest construction...
News
16 October 2012
US-based receivables securitisation specialists Finacity, which finances US$50bn of receivables a year, has announced two recent trade finance deals:
Colombian textile producer, Coltejer...
News
10 October 2012
AngloGold Ashanti, the South African gold and uranium producer signed a new US$1bn, five-year unsecured revolving credit facility (RCF) on 24 July 2012.This matures with its bank syndicate in July...
News
10 October 2012
Deutsche Bank has provided a US$200m structured steel prepayment loan to China-based Tangshan Iron & Steel Group Co, Ltd (‘Tangsteel’).
The loan facilitates the pre-payment of US$...
News
14 September 2012
The Ghana Cocoa Board (COCOBOD)’s 20th annual pre-export (PXF) facility was signed on Wednesday, 12 September at an oversubscribed US$1.5bn for the 2012/13 cocoa crop season.
Barclays...
News
11 September 2012
Kernel, one of the Ukraine’s major agricultural commodity producers has extended the US$500m facility it arranged in August 2011 by a further US$222m (see TFR’s story, ‘Kernel...
News
6 September 2012
Commodity trader Noble Group concluded a US$0.5bn two-year committed revolving letter of credit (RCF) and guarantee facility at the end of July 2012.
The facility is to be used Noble and...
News
3 September 2012
YES BANK, India’s fourth largest private sector bank, successfully closed US$155m and EUR50m in the form of a one-year dual currency syndicated loan facility on 2 August 2012.
