News
24 August 2012
Amsterdam Trade Bank NV (ATB) has arranged a US$50m three-year pre-export finance (PXF) facility for CCZ Trade, SA. This is the Switzerland-based trading arm of Russian coal producer LLC Coal...
News
24 August 2012
The International Finance Corporation (IFC) has arranged a EUR45m (US$56m) financing package for the Alutech Group, the largest private manufacturer of aluminum products in Belarus, to support the...
News
24 August 2012
The International Islamic Trade Finance Corporation has signed a US$40m financing agreement with the government
of the Republic of Tajikistan for the imports of gasoline and diesel. Murodali...
News
24 August 2012
Ethiopian Airlines has obtained US1bn of financing from J.P. Morgan for its fleet of 10 Boeing B787 Dreamliners. The Export-Import Bank (Ex-Im Bank) of the United States has provided financial...
News
16 August 2012
Russian potash producer OJSC Uralkali, has signed a US$205m five-year syndicated loan facility with a group of banks
News
15 August 2012
Standard Chartered Bank and Midland Power Company Ltd have signed a financing agreement to facilitate implementation of 51MW gas-fired power plant at Ashuganj.
News
27 July 2012
The US commercial finance company, Capital Business Credit LLC (CBC) has provided around US$50m in new factoring and trade finance facilities to 15 New York and Los Angeles apparel and accessories...
News
26 July 2012
Ukrainian iron ore giant Metinvest has fully repaid the five-year US$1.5bn global refinance facility arranged by a syndicate of 16 banks in 2007 [1]. With an interest margin of 1.7% per annum over...
News
10 July 2012
The Egyptian Refining Company (ERC) has reached closure on a US$3.7bn package to construct a greenfield petroleum refining upgrade project in the Greater Cairo area. The project is a...
News
6 July 2012
The French export credit agency, COFACE has guaranteed an EUR800m (US$984m) loan agreement to finance the acquisition of locomotives produced in Kazakhstan with ‘Alstom’ technology and...
News
4 July 2012
The Austrian export credit agency, Oesterreichische Kontrollbank AG (OeKB), has granted a US$100m trade facility to Sberbank, Russia’s largest bank. With a term of three years, the agreement...
News
4 July 2012
America's newly re-authorised export credit agency, Ex-Im Bank has underwritten a long-term loan guarantee of US18m to support the export of a new S-92 helicopter by Sikorsky...
News
27 June 2012
Standard Bank has completed a secured syndicated loan of US$250-million for Export Trading Group (ETG), one of Africa’s largest soft commodities companies.
The funding will be used...
News
21 June 2012
The Canadian steel piping manufacturer, Yalian Steel Corporation has secured trade finance for RMB30m (CAN$4.8m) from the Industry and Commercial Bank of China (ICBC).
This is to fund the working...
News
14 June 2012
The German shipping line Hapag-Lloyd Group increased an existing trade receivables securitisation to US$150m on
11 May. The announcement came the day after its first quarter results for 2012,...
News
14 June 2012
Isbank has signed an agreement for a syndicated loan with dual tranche for US$241m and EUR742.5m at a cost of Libor+1.45%. The one-year syndicated loan has one-year extension option.The Turkish bank...
News
14 June 2012
The Japan Bank for International Cooperation (JBIC) and Citibank Japan signed a buyer’s credit agreement with
SITC Osaka Shipping and SITC Yokkaichi Shipping part of SITC International Holdings, a...
Blog
14 June 2012
There’s nothing like a football tournament to cut through propaganda. When tickets for England’s games in Euro 2012 went on the market for as little as GBP14 (US$22) it was clear...
