GTR Trade Finance eNews - Deals January 2010
EGPC looking to raise debt
Egypt’s state-owned oil company Egyptian General Petroleum Corporation (EGPC) is looking to select lenders for a US$2bn 58-month debt financing, according to market sources.
Tatneft likely to return to market
Russian oil company Tatneft is likely to be tapping the financial markets again in 2010.
VEB closes first syndicated Russian bank loan for 2010
Russia’s Vnesheconombank has raised a three-year syndicated loan worth US$700mn and €100mn with a group of international banks.
Tiger Airways concludes second aircraft financing
Tiger Airways has partnered with Standard Chartered Bank to arrange financing for the advanced delivery of five Airbus 320-200 aircraft.
Korea’s Kogas gets refinancing for LNG project
Korean Gas Corporation (Kogas) has completed syndication of a US$631mn refinancing facility, signed in December 2009.
Eskom signs ECA-backed facility
South Africa’s power company Eskom has concluded ECA-covered financing arrangements for €1,185mn with five French banks.
Tiger Airways to obtain ECA-backed aircraft financing
Tiger Airways has partnered with Standard Chartered Bank in its first ECA-backed financing arrangement for the purchase of two new Airbus A320-200s.
NLMK signs pioneering ECA financing
Leading Russian steel producer Novolipetsk Steel (NLMK) has signed its first ever multi-source export credit agency (ECA) financing, for €524mn.
