Latest News

Standard Bank raises $300m for on-lending to African projects

At least $150 million of the facility will support power transactions as part of President Obama’s Power Africa initiative, with up to $100 million available for other strategic infrastructure projects beyond the power sector.

ANI approves financing plans for Colombian toll roads

Colombian national infrastructure agency ANI has approved financing plans for three 4G toll road projects, citing letters of credit from local and foreign lenders and DFIs.

ING appoints ex-Citi trade head

Lemoine joins from Citigroup, where he served as trade head for France for the past 11 years.

Yapi Kredi out with $1.2bn refi

Given Moody's has just downgraded Yapi to Ba1 from Baa3 on the back of a recent Turkish sovereign downgrade to speculative, the latest Yapi deal is likely to feature the same margin ratchet linked to ratings that other recent Turkish trade borrowings have employed.

Afreximbank provides $75m to ETHYDCO

The funding complements a $1.25 billion syndicated facility signed in 2012 with a consortium of 18 Egyptian banks.

Free IFC and Canadian government provide $76m for FRV

The Mafraq plant is the first PV solar plant to be financed out of the four planned under the Jordan government’s second round of solar PV projects.

SocGen appoints global transaction banking head

In his new role, Desserre will directly oversee four business lines: corporate cash management, cash clearing/corresponding banking, trade finance and factoring.