Trade Finance News February 2010 - Global Trade Review - The world's leading international trade finance and export finance magazine

February 25, 2010

Tatneft looking to raise PXF

The Russian oil company Tatneft is looking to raise a pre-export financing of up to US$2bn, according to a source familiar with the deal.

February 24, 2010

Jbic provides direct loan to Japanese plastics company

Jbic has signed a US$30mn loan agreement to support a Japanese firm’s construction of a polycarbonate production facility in China.

February 23, 2010

Spain's Telefonica signs ECA-backed credit line

Telecoms company Telefonica has signed an ECA-supported term loan facility with Citigroup and Deutsche Bank for US$472mn.

February 18, 2010

Jbic signs Indonesian buyer's credit

Jbic has signed a US$50mn buyer’s credit with PT Pamapersada Nusantara (PAMA), Indonesia’s largest mining contractor.

February 18, 2010

SocGen closes France's largest solar project

Société Générale & Investment Banking has arranged the financing of France’s largest photovoltaic solar power facility.

February 09, 2010

IFC backs Nigerian telecoms

The IFC is extending US$150mn in syndicated loans to support Helios Towers Nigeria (HTN) to improve access to affordable telecommunications in Nigeria.

February 05, 2010

EDC loans to Chilean copper mine

Canada's EDC has provided a US$65mn loan to Chilean mining company Minera Los Pelambres (MLP) to promote the purchase of Canadian goods.

February 04, 2010

GTR Best Deals 2009

We at GTR are proud to announce the full list of all the winning GTR Best Deals of 2009.

February 04, 2010

VEB signs loan deal for polymer project

Russia’s VEB and a club of international banks have signed an agreement on a US$1.49bn syndicated loan for the construction of a polypropylene production complex in Russia.

February 02, 2010

Belarusbank signs dual tranche trade facility

Belarusbank has signed a US$60mn dual tranche trade-related syndicated term loan facility via initial mandated lead arrangers Intesa Sanpaolo and VTB Bank.

February 01, 2010

US Ex-Im and Air India sign financing deal

The US Ex-Im and Nacil, the holding company of national carrier Air India, have signed an agreement worth US$1.1bn to support the financing of the sale of Boeing airplanes to the Indian carrier.