British Prime Minister Boris Johnson has today opened the 2022 Africa Investment Conference. The conference aims to boost trade between the UK and Africa, and is this year set to… read more →
UK clothing brand Burberry has refinanced its revolving credit facility (RCF) to a £300 million sustainability-linked loan coordinated by Lloyds Bank. The facility is linked to the achievement of environmental,… read more →
2021 was a very green year for Europe’s multilateral development bank, which invested a record amount in green finance projects. Last year, the European Bank for Reconstruction and Development (EBRD)… read more →
UK opens new free trade talks with India, seeks end to tariffs on cars, whisky, green energy exports
A UK trade delegation has arrived in India to open negotiations on a new free trade agreement that could double UK exports to the country by 2030. Anne-Marie Trevelyan, international… read more →
The UK has signed a new sovereign investment partnership (SIP) with Oman, focused on driving high-value investment in both countries. Based on a Memorandum of Understanding (MoU) between the UK’s… read more →
ABN AMRO Bank has said that it was rewarded for its early preparation for SWIFT trade finance changes, thanks to a solution from Norwegian software vendor Commercial Banking Applications (CBA).… read more →
HSBC has completed its first sustainability-linked trade finance transaction with Hong Kong-based garment maker Epic Group. The pricing of the facility was tied to Epic Group’s performance in areas such… read more →
The UK’s national customs office issued £200,000 in fines to UK businesses for exports of unlicensed military and dual-use goods in 2021. Between March and November last year, Her Majesty’s… read more →
UK exporters sealed over £70 million in sales to South Korea during 2021, with the help of trade shows backed by the UK government. British-made products ranging from hydrogen fuel… read more →
New data show that 2021 was a record year for sales of electric vehicles (EVs) in the UK, while sales of new petrol and diesel cars flatlined after a disastrous… read more →
Prometeon Tyre Group, a subsidiary of Italian tyre brand Pirelli, has signed a new sustainability-linked facilities agreement led by ING Bank. The deal is comprised of a €200 million term… read more →
The International Islamic Trade Finance Corporation (ITFC) has signed a $150 million Framework Agreement with one of its newest members, the government of Turkmenistan. Signed as a three-year deal, the… read more →
The British Exporters Association (BExA) has published its 12th annual benchmarking report on UK Export Finance (UKEF) – the export credit agency (ECA) of the UK government. The report, published… read more →
The UK has signed its first from-scratch free trade agreement of the post-Brexit era with Australia, in a deal that British negotiators have said is the best Australia has ever… read more →
Gunvor secures $1.13bn LNG syndicated borrowing base facility with emissions measurement commitments
Gunvor Group, one of the world’s largest independent traders of liquefied natural gas (LNG), has signed a new syndicated borrowing base facility worth $1.13 billion. In what the company believes… read more →