The future sale of airline tickets will act as security on the $350 million receivables deal.
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China currently serves as Australia's largest trading partner.
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The factoring firm expects an annual factored volume of $25 million in 2015 with a Chinese apparel exporter....
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The agreement could create export financing opportunities for further iron ore development in Western Australia....
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The trade finance services will be complementary to the Canadian bank’s capabilities in Mainland China....
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The bank has earmarked cash and payments as an investment priority for the next three years.
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BNP Paribas is waiting for “one last signature” in order to close syndication on the Chinese commodities deal....
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Standard Chartered was the sole arranger for the first issuance.
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Japan Marine United will construct the two bulk vessels.
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This is the second syndicated deal Standard Chartered is leading for the Chinese steel exporter.
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