Latest News

ATI boosts political risk cover with Credendo

The African Trade Insurance Agency (ATI) has partnered with Credendo Single Risk Insurance in order to boost its political risk coverage.

ICC calls for UN-led trade finance review

The International Chamber of Commerce (ICC) has called on participants at the 2017 Financing for Development Forum to support a UN-led review into the global gap in trade financing.

China and Pakistan to develop Indus River Cascade

China and Pakistan signed a memorandum of understanding (MOU) to develop the Indus River Cascade, which includes the Diamer-Bhasha Dam project in Gilgit-Baltistan, Pakistan

KfW IPEX-Bank loans €21 million for bus exports

KfW IPEX-Bank has loaned €21.3 million ($23.8 million) to Mexico’s leading bus operator to finance the purchase of 55 new double-decker buses from German manufacturer MAN.

China hungry for twin-aisle aircraft: leasing executive

Demand for twin-aisle aircraft is going to decline in the Middle East but be picked up by Chinese carriers, according to the chief executive officer of US aircraft leasing company Air Lease (ALC).

Air Canada hints at 2018 aircraft finance plans

Air Canada plans to use an enhanced equipment trust certificate (EETC) issuance to finance some of its 2018 deliveries, according to Helen Kotsovos, senior director of financing at the airline.

Acwa Power closes on Moroccan solar

Saudi developer Acwa Power has closed on the 177MW Noor I trio of photovoltaic (PV) projects in Morocco. The projects have a combined cost of $220 million

BOC Aviation preps unsecured bond

Singaporean aircraft lessor BOC Aviation has mandated six banks for a US dollar-denominated unsecured bond issuance, GlobalCapital reports.

EDC issues $1.25bn bonds

Export Development Canada (EDC) has issued $1.25 billion in five-year bonds, a spokesperson has confirmed.

Nidera refinances $500m RCF

Netherlands-based commodities trader Nidera has refinanced a $500 million tranche of its one-year revolving credit facility (RCF).

TriLinc approves emerging markets funding

US-based TriLinc Global Impact Fund has approved $28.4 million in term loan and trade finance facilities for companies operating in Sub-Saharan Africa, Latin America, and Southeast Asia

NEXI supports broadcasting equipment export

Japan’s Nippon export and Investment Insurance (NEXI) has agreed to support the export of digital broadcasting equipment to Ecuador’s state-run broadcasting company.

DVB’s Q1 shipping and offshore losses rise

Transportation specialist DVB has recorded €65.9 million ($72 million) in credit losses in its shipping finance and offshore finance portfolios for the first quarter of this year.