Latest News

CAF funds Confital- Bombeo dual carriageway project

CAF approved financing in November 2015 for two road projects, the Confital-Bombeo dual carriageway and $172 million for the San Borja-San Ignacio de Moxos highway.

Free XL Catlin poaches Chow from Zurich

Prior to Zurich, Chow worked at Atradius Credit Insurance, the Australian Prudential Regulation Authority (APRA), Efic and Westpac.

Free ADB approves second Pakistan transmission loan programme

The 10-year project is aimed at rehabilitation and expansion of Pakistan’s transmission network and promoting reforms at the state-owned National Transmission Despatch Company (NTDC) and newly established commercial operator, the Central Power Purchasing Agency (Guarantee) Limited.

Turkish trade fundraisings taking a margin and volume hit

The first signs of a tangible pricing hit on Turkish bank trade finance borrowings since the attempted coup in July are beginning to show, with lenders arguing for margin flex clauses to offset the risk of Turkish borrowers being downgraded.

UKEF guarantees £1.2m short term debt for Sphere Global

The UKEF cover negates the need for the borrower to put up the cash collateral ordinarily required by a bank to issue a performance bond, thereby freeing up cashflow for the borrower.

Monjasa signs $80m credit facility for oil trading

By seizing control of the oil products and logistics at an early stage, Monjasa is increasing the reliability and efficiency of its global supply of maritime fuels.

Free Altech increases debt and ECA cover targets for HPA project

Altech Chemicals has received a summary of senior facility agreement terms and conditions from KfW IPEX-Bank for its proposed Malaysia-based high-purity alumina (HPA) project.