Sector - Project Finance
Siemens wins US-backed sale to Korea
US company Siemens Energy has won a gas and steam turbine-generator sale to the Republic of Korea for a plant expansion, backed by a US$134.2mn US Ex-Im long-term loan guarantee.
Commercial tranche on Pulkovo deal closes
The EBRD and the IFC have raised a €200mn (US$258.2mn) syndicated loan for the reconstruction of St Petersburg’s Pulkovo airport.
Ivanhoe Mines appoints new MLAs
Three more institutions have won mandated lead arranger roles for Ivanhoe Mines’ Oyu Tolgoi project in Mongolia.
Emal smelting complex gains more support
Metal producer Emirates Aluminium has secured US$720mn for the first phase of an aluminium smelting complex in Abu Dhabi.
Japanese syndicate funds Saudi oil
A Japanese syndicate has agreed a buyer’s credit agreement for up to US$400mn for SATORP.
Baja's Boleo project finds further funds
Baja Mining Corporation has entered into a binding letter of intent with commodities trader Louis Dreyfus Commodities to part-finance the Boleo mining project near Santa Rosalia, Mexico.
Coface backs satellite project
Aerospace joint venture Thales Alenia Space has won ECA backing for a US$1.8bn satellite project.
Trade & project boom expands financing windows
Trade and export financiers are manoeuvring to catch the infrastructure and commodity wave driving the Indian economy, writes Kevin Godier.
VEB signs St Petersburg airport deal
Russia’s VEB has agreed a credit facility for R10bn (US$333.3mn) to finance a construction project at St Petersburg’s Pulkove airport.
Jaguar Energy agrees power plant financing
Energy operator AEI’s wholly-owned subsidiary Jaguar Energy has closed a financing deal worth US$350mn for the construction of a power plant in Guatemala.
JBIC and Mizuho finance Borneo telecoms
The Japan Bank for International Cooperation (JBIC) and Mizuho Corporate Bank have signed loan with Indonesia’s Telekomunikasi for approximately US$60mn.
Barclays hires new liquidity management head
Barclays Corporate, cash and trade, has hired David Manson as the new head of liquidity management and propositions.
Indonesian energy production gets boost
Two power producers in Indonesia have signed loan deals worth US$2bn
Miga and Kexim promote FDI in developing countries
Miga and Kexim have signed a memorandum of understanding to promote private sector investment in developing countries.
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Singapore - October 5-6, 2010
2nd Annual Asia Trade & Export Finance Conference
London - November 3-4, 2010
2nd Annual West Africa Trade & Commodity Finance Conference
Cairo - November 10-11, 2010
3rd Annual North Africa Trade & Investment Conference
Gothenburg - November 18, 2010
3rd Annual Nordic Region Trade & Export Finance Forum
Dubai - February 15-16, 2011
8th Annual Middle East Trade & Export Finance Conference
