IsDB lists debut green sukuk
The Islamic Development Bank has listed a €1 billion green sukuk on the Nasdaq Dubai – the proceeds of which will be funnelled into climate change and green projects in the bank's 57 member states
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BB Energy refinances RCF
- Commodity
- Global
- Jon Whiteaker
Energy trader BB Energy has closed on a new $245 million revolving credit facility that replaces and extends existing debt
Trans-Oil closes latest PXF
- Commodity
- Europe
- Jon Whiteaker
Moldovan agribusiness Trans-Oil International has closed on a new $150 million pre-export financing facility that was significantly oversubscribed
US Exim signs huge lending agreement with Iraq
- Export and Agency
- Africa & Middle East
- Jon Whiteaker
Export-Import Bank of the United States has signed a new memorandum of understanding with Iraq’s Ministry of Finance, committing to funding of between $3 billion and $5 billion
Brazil registers four more for oil auction
- Commodity
- Americas
- Juliana Ennes
Brazil’s oil and gas regulator ANP has added the last four companies to the list of pre-qualified institutions to participate in the 6th bidding round under the production sharing agreement, which will award some blocks that are part of the gigantic oil fields of the pre-salt region
Petrobras contracts two FPSOs
- Commodity
- Americas
- Juliana Ennes
Petrobras has signed letters of intent with Japan's Modec and Malaysia's Yinson for the chartering of two floating production storage and offloading platforms for 25 years each
ADB promotes PPP expert
- Market Moves
- Asia & Pacific
- Alexandra Dockreay
Amer Chowdhury has been promoted to senior PPP specialist, in transaction advisory services in the Office of PPP at the Asian Development Bank
EBRD to invest in Egyptian renewables developer
- Export and Agency
- Africa & Middle East
- James Hebert
The European Bank for Reconstruction and Development is considering an equity investment of up to $60 million into Egyptian renewables developer Infinity Energy
Indian gas distributor added to Total and Adani's JV
- Alexandra Dockreay
French oil and gas giant Total and Indian conglomerate Adani Group have agreed on the addition of Adani's natural gas distribution company in India to their 50/50 joint venture platform for the Indian natural gas sector announced last year
Neptune Energy grows North Sea portfolio
- Commodity
- Europe
- Sophie Mellor
Neptune Energy is to acquire Edison E&P’s UK and Norwegian assets – contingent on Energean completing its acquisition of the wider Edison business
ConocoPhillips finds a buyer for northern Oz assets
- Commodity
- Asia & Pacific
- Alexandra Dockreay
Co-investor Santos has signed a deal to buy the northern Australia business of ConocoPhillips for up to $1.465 billion, taking over its stakes and operatorship for the Darwin LNG facility and various upstream fields including the Barossa development
World Bank approves funding for Afghan gas-to-power
- Export and Agency
- Asia & Pacific
- David Doré
The World Bank Group approved on 10 October a $98.8 million financing package to support two greenfield gas-fired power projects in northern Afghanistan
JBIC, MUFG sign loan for Turkish ro-ro terminal
- Export and Agency
- Europe
- Eliza Punshi
The Japan Bank for International Cooperation and MUFG Bank have signed a loan for a new car logistics terminal in Turkey
New general counsel at EBRD
- Export and Agency
- Europe
- Eliza Punshi
The European Bank for Reconstruction and Development has appointed Michael Strauss as its new general counsel
BNDS lends on Brazilian transmission project
- Export and Agency
- Americas
- Juliana Ennes
Brazilian development bank BNDES will provide all of the debt funding for Chimarrão Transmissora de Energia's R2.24 billion transmission project
Afreximbank eyes LSE listing
- Export and Agency
- Africa & Middle East
- Jon Whiteaker
African Export-Import Bank has announced it is considering an initial public offering on the main LSE market
Banks partner with USAID to support coffee farming
- Commodity
- Africa & Middle East
- Jon Whiteaker
Three commercial banks have partnered with Neumann Kaffee Grupe (NKG), sustainable trade initiative IDH, and USAID to provide finance to small holder coffee farmers in Kenya, Honduras and Mexico
GT Commodities close inaugural revolver
- Commodity
- Americas
- Jon Whiteaker
The North American trading hub of metals merchant Gerald Group has closed on a $300 million syndicated revolving credit facility
ADB selects adviser on Timor-Leste Bay Port project
- Export and Agency
- Asia & Pacific
- David Doré
The Asian Development Bank has named an engineering firm as project performance support adviser on a PPP project in Timor-Leste, following a month-long review
Africa50 in partnership to develop Madagascan hydropower
- Export and Agency
- Africa & Middle East
- James Hebert
Africa50 has signed an agreement to co-develop a 120MW hydropower plant on the Ivondro River, 40km from Toamasina
Related Analysis
World trade opportunities – Q&A with Michael Vrontamitis
- Trade Flow
- Global
- Jon Whiteaker
Michael Vrontamitis, head of trade, Europe & Americas, Standard Chartered Bank & member of the World Trade Board tells Trade Finance how he sees the dynamics of global trade changing
Reasons for optimism
- Trade Flow
- Global
- Eriks Atvars
UniCredit’s global head of structured trade & export finance argues there is reason to remain positive for the second half of 2019
