1
Tangsteel signs $1.5bn prepayment
The steel trader’s two-year prepayment has received a strong response from lenders and could net approximately $2bn in commitments, one source said.... [Read More]
1
Yanggu signs $320m copper prepayment
The Chinese copper trader has closed the deal oversubscribed. [Read More]
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Update: Seven banks underwrite $100m Hebei exports loan
China Ex-Im and the steel company’s parent have provided guarantees on the loan. [Read More]
1
Mitsubishi Corp opens two-tranche RCF
BTMU is the MLA on the trader’s RCF. [Read More]
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Update: Mercuria, Citi battle over repayment kicks off
Citi and Mercuria have squared off in a London court over alleged metals fraud in Qingdao, China. [Read More]
1
Exclusive: China Minmetals signs $600m loan
This is the metals trader’s first outing in the loans market since July 2013. [Read More]
1
Westpac opens sub-branch in Shanghai FTZ
The Australian bank received regulatory approval in April 2014. [Read More]
1
DS-Concept provides $3m factoring facility
The factoring firm expects an annual factored volume of $25 million in 2015 with a Chinese apparel exporter.... [Read More]
1
ANZ signs MoUs with CDB and Chinese corporates
The agreement could create export financing opportunities for further iron ore development in Western Australia.... [Read More]
1
BMO adds trade finance capabilities in HK
The trade finance services will be complementary to the Canadian bank’s capabilities in Mainland China.... [Read More]