The facility consists of three revolving tranches: a 364-day $400 million portion, a two-year $800 million tranche and a three-year $800 million piece.
Funds will be used to support the import and export transactions of its corporate customers.
Dasgupta joins UKEF from HSBC, where he was most recently global head of the transaction management group within the risk distribution unit of the bank’s global trade and receivables finance division.
The new loan will replace a bilateral loan of an equivalent amount provided by Standard Chartered in 2011 to partly fund the purchase of three Boeing 777-300 ERs.
Proceeds will be used to expand Arc's production facilities and promote the export potential of Kaliningrad.
The deal, designed to enable Raiffeisen to offer more competitive leasing terms to SMEs, is the first EIB-backed public ABS issue in Austria and is backed by a cash flows from a four-year revolving portfolio of leasing receivables worth €437.9 million.
Touax Rail founded an investment fund to provide equity for this and similar future transactions.
Eric de Jonge joined ING 25 years ago and has held the global head of structured export finance title since 2005.
The deal has been described as a clear endorsement of the polyhalite project in North Yorkshire, UK.
Uganda has been without a flag carrier since the Ugandan Civil Aviation Authority (UCAA) grounded Air Uganda in 2014.
JinkoSolar won three Mexican solar PV projects in a long-term electricity auction in April.
The disappointing performance comes on the back of demand shocks in the emerging world, the low-for-longer commodity prices, the wave of currency depreciations around the world, and a growing isolation trend (lesser dependence on trade).
Tungsten miner Wolf Minerals has raised a £20 million ($24.5 million) 12-month secured bridge loan from Resource Capital Fund (RCF) to support operations at its Drakelands mine in the UK.
The deal is part of a package agreed in principal in 2015 that includes credit lines totalling around $700 million for the ports of Vostochny and Nakhodka.
The new loan is expected to comprise a major two-year tranche and a small four-year portion.
Although the bank’s credit metrics have dropped, Afreximbank is still able to borrow loans at competitive rates.
The $640 million 25-year issue is designed to generate funding for the acquisition of an aircraft portfolio comprising 35 used aircraft on lease to 22 airlines in 20 countries.
The loan was oversubscribed in syndication and consequently upped to $1.2 billion.
ENEC and Kepco have also formed a joint venture to drive the Barakah project forward.
The deal is backed by NEXI; equipment will be supplied by Japanese companies.