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Yamal LNG completes final fundraising

Sponsored by Novatek (50.1%), CNPA (20%), Total (20%) and Silk Road Fund (9.9%), the project involves construction of a 16.5 mtpa three-train LNG plant with feedstock from the South-Tambeyskoye field in the Yamal peninsula.

Tengizchevroil out to banks for loan

The project - a $30 billion expansion of TCO’s oil production in Kazakhstan which aims to boost production to 38 million tpy by 2021 from the current 27 million tpy – has a debt requirement of around $20 billion which will be raised via bonds and loans.

Norwegian Air Shuttle planning $350m EETC issue

Notes will be issued via Torefjorden, an Ireland-domiciled special purpose vehicle owned by Arctic Aviation Assets (a wholly owned subsidiary of Norwegian Air Shuttle).

Togo joins Afreximbank

The now 40th participating state seeks to become the regional logistics hub.

Puma Energy ups revolver size in syndication

In February, Puma announced plans to expand operations in Asia, Africa and Latin America and part of the debt-raising will fuel the capex needs of that expansion.

Bahri raises loan for VLCC newbuilds

Repayment will be in semi-annual installments starting from six months after the loan's signing date.

BNDES backs equipment loan for Ituango hydro

EPM has a supply contract to buy turbines and generators from Alstom Energias Renovaveis, a Brazilian subsidiary of French manufacturer Alstom

Fortescue Metals cutting debt pile

The two repayments have brought the company’s total debt repurchase to $2.3 billion in the year to June 30.

WTO urges action to close SME trade finance gap

In the new study, “Trade Finance and SMEs: bridging the gaps in provision,” Azevêdo states that easing the supply of credit could have a big impact in helping small businesses grow and in supporting the development of the poorest countries.

BADEA provides $50m LoC to Afreximbank

The line of credit, which is part of BADEA’s programme for financing foreign trade, will target sectors such as energy, industry and agriculture.