GTR Trade Finance eNews - Deals 2008
Rosneft set to return to market in New Year
Russian oil company Rosneft is likely to raise a bridge loan of between US$1-US$1.5bn via western banks in the first quarter of the New Year.
Eletrobrás receives loan from KfW
Eletrobrás, the Brazilian federal energy holding group, has obtained a €37.2mn loan from German development bank, KfW Entwicklungsbank to construct a hydro complex in the Santa Catarina state.
Noble Group completes first Islamic loan facility
Noble Group, a global supply chain management company, has successfully closed an US$80mn murabahah facility. It is the company's first transaction based on Islamic principles.
Nexi supports Petrobras investments
Japan’s Nippon Export and Investment Insurance (Nexi) is set to support investment in Petrobras's Henrique Lage (Revap) refinery in Sao Paulo.
VTB provides loan to Magnitogorsk Iron & Steel Works
Russia’s VTB Bank has extended a one-year Rb4bn (US$143.90mn) loan to Magnitogorsk Iron & Steel Works (MMK), one of the largest enterprises of the Russian steel industry.
