It’s that time of year again. Please read below for details of Trade Finance’s 2018 awards submissions process. For any further information, contact Joe Kavanagh at Joe.Kavanagh@euromoneyplc.com or +44 20 7779 8072
Export Development Canada (EDC) is set to issue $1.25 billion of five-year notes carrying a coupon of 2.500%.
Johannesburg-based Sasol has closed on $189 million in debt to leverage up its Central Térmica de Ressano Garcia gas-fired project in Mozambique
Insurance firm Neon has expanded its political and credit risk team with hires across underwriting and credit analysis.
UPS Capital, the financing arm of US logistics giant UPS, has boosted its cargo finance programme for SMES.
MUFG has named Diana Coronel-Singson as its head of global corporate banking for its Manila branch in the Philippines, effective yesterday.
Vitol is leading a $530 million oil-for-loan deal with Nigerian firm Shoreline Energy, according to the FT.
Masdar has reached financial close on the 200MW Baynouna solar project in Jordan.
Banks face competition from the world’s largest tech firms but only in the long term, according to an industry outlook published by ratings agency S&P.
Standard Chartered has picked Lisa Robins as its global head of transaction banking, effective 19 February.
The term sheet for the $7 billion project financing package for Petronas and Aramco’s $16 billion refinery and petrochemical integrated development (RAPID) project in Malaysia has been sent out
UK fintech firm Traydstream has opened a new office in India, according to an announcement by the company.
Alternative finance provider Falcon Group has hired Steve Box, the former CEO of Europe, North America and Asia at Bibby Financial Services (BFS), as its head of business development for the UK and Europe.
Ukrainian state-owned oil and gas firm Naftogaz has named Clare Spottiswoode as the chair of its supervisory board.
Dutch manufacturer Hyva has boosted its trade receivable funding programme, arranged by Finacity, to €9 million.
Trafigura has launched a $4.5 billion revolving credit facility, with a bank meeting to be held this week in London.
Angela Mariana Freyre, the SVP and general counsel at US Ex-Im who stepped down in September 2017, has joined law firm Squire Patton Boggs’ financial services practice.
The IFC has appointed Stephanie von Friedeburg as COO. The newly created position will see Friedeberg leading and coordinating all IFC operations including investment and advisory.
Petroleum Development Oman has invited EOIs for developing a 100MW solar PV IPP at Amin, with an RFP to follow later this month.
Update: Lekela confirms DFI involvement