Latest News

Key roles backed for Ex-Im

The US Chamber of Commerce is supporting the nominations to the Export-Import Bank of the United States (Ex-Im) for 2 key roles

Lenders lined up for key Uzbek chemical deal

Uzbekneftegaz JSC – the state-owned holding company of Uzbekistan’s O&G industry that is supervised by Ministry of Energy – has signed a significant financial cooperation agreements with 3 leading European lenders

Temasek, HSBC set up debt financing for sustainable infra

Singapore sovereign wealth fund Temasek has teamed up with 3 financial institutions to establish a debt financing platform for sustainable infrastructure projects in Asia, with an initial focus on Southeast Asia

Sponsor trio finance solar-plus-storage in French Guiana

Three sponsors have secured debt financing from a development finance institution for a 54.5MW solar asset with an adjacent energy storage facility in French Guiana

BNDES to advise on Corsan privatisation

Brazilian development bank BNDES has been recruited to advise the state government of Rio Grande do Sul on the upcoming privatisation of the state sanitation provider, Companhia Riograndense de Saneamento (Corsan)

ING takes lead on Gerald’s $450m refi

Gerald Group – the world's largest independent and employee-owned metals trading house – has refinanced Gerald's North American trading hub GT Commodities’ (GTC) borrowing base facility at $450 million

RFP issued for second Ethiopian telecom licence

Ethiopia's ECA has issued the RFP documents for the second telecommunication licence – a part of the country’s wider privatisation process

JMLSG publishes trade finance guidance

The Joint Money Laundering Steering Group (JMLSG) has today published a revised sectoral piece in Part II of its Guidance – Sector 15 (Trade Finance).

DFC in $150m deal with Ecuador

The US International Development Finance Corporation (DFC) has announced a $150 million loan to Banco de la Producción in Ecuador

EIB seal of approval for Ørsted

The EIB has signed a €500 million loan with Ørsted A/S to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB.

ADB backs agri upgrades in Maharashtra

The Asian Development Bank (ADB) has approved a $100 million loan to improve agribusiness network and productivity in Maharashtra, India

HSBC turns the dial in Canada

HSBC Bank Canada has launched five new sustainable finance tools for commercial and global banking clients – making it the first bank in Canada to apply sustainable finance market principles to both trade and deposit products

Fitch upgrades Taiwan EXIM

Fitch Ratings has upgraded The Export-Import Bank of the Republic of China's (Taiwan EXIM) long-term issuer default rating (IDR) to AA from AA-.

Taiwan OSW signs new owners' engineer

Sponsors have appointed a new owners’ engineer on an offshore wind farm under development in the Taiwan Straits

Total Eren closes Uzbekistan solar

Total Eren closed DFI-backed project financing for a $125 million solar power plant in Uzbekistan, following some 3 months of clearing conditions precedent

Afreximbank and AfCFTA roll out PAPSS

The African Export-Import Bank and the African Continental Free Trade Area secretariat have joined forces on the roll out of the Pan-African payment and settlement system

EIB support for clean steel

The EIB has signed off on a grant of €280 million to ArcelorMittal – backed by the Investment Plan for Europe – to support the group’s European R&D programme between 2021 and 2023