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.
The UN has agreed to carry out a review of the estimated $1.6 trillion gap in trade financing, with findings and recommendations expected in April 2018.
Gunvor Group has refinanced a $340 million, one-year borrowing base facility (BBF), according to an announcement.
SACE has agreed to support up to $1.25 billion of aircraft purchases from Boeing 3each year, under a new agreement between the Italian ECA and the US aircraft manufacturer.
Japan Bank for International Cooperation (JBIC) has launched a $5 billion issuance consisting of four separate government-backed bonds.
Export Development Canada (EDC) has priced its third green bond, a $500 million issuance carrying a coupon of 1.625%.
Trade finance related instruments account for $862 million of International Bank of Azerbaijan’s (IBA’s) $3.343 billion debt restructuring announced this week.
Ed Harkin has left his position as head of export credit financing at financial advisory firm Fieldstone to join business consultancy GKB Ventures in London
Glencore’s agriculture arm (GAL) has made a takeover approach to US grain trader Bunge, the company has announced.
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, has signed a $210 million framework agreement with The Gambia.
DS-Concept, the non-recourse factoring and supply chain finance specialist, has closed a $20 million credit facility for US advertising technology company, a spokesperson has confirmed.
The African Trade Insurance Agency (ATI) has partnered with Credendo Single Risk Insurance in order to boost its political risk coverage.
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
The banks supporting Turkey’s Ikitelli hospital PPP, alongside Japanese export credit agencies, have emerged. The project is expected to reach financial close imminently
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.
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).
Citigroup has named Gulru Atak as the new head of the innovation lab in the treasury and trade solutions (TTS) group in Dublin.
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.
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
Posco Energy may seek an international partner for the 1,200MW Quynh Lap coal-fired power project 270km south of the capital of Vietnam, Hanoi