Banco Latinoamericano de Comercio Exterior (Bladex) acted as joint lead arranger and administrative agent on a $131.5 million senior acquisition finance bridge facility for Corporación Favorita.
Mining Company Orvana Closes $6.84MM Facility with BBVA, Others
February 7, 2019
Orvana Minerals closed a €6 million (approximately $6.84 million) credit facility through its wholly-owned subsidiary, OroValle Minerals. The facility was provided by BBVA, BANKIA and SABADELL.
Tradewind Funds $500K Factoring Facility for Spanish Company
January 29, 2019
Tradewind provided a $500,000 non-recourse export factoring facility to a leading designer, manufacturer and exporter of technical tubes and hoses based in Spain.
WFCF Funds $51.5MM Facility for UK Cake Manufacturer BBF
January 21, 2019
Wells Fargo Capital Finance provided a new three-year £40 million ($51.5 million) financing facility to BBF, a UK-based manufacturer of own-label, licensed and branded ambient cakes and desserts.
Gordon Brothers Opens Perth Office, Expands Australian Operations
January 14, 2019
Restructuring and advisory firm Gordon Brothers opened a new office in Perth, Australia. The office will be led by equipment valuation and auction industry veteran, Ben Gibson.
BBVA Closes First Acquisition Term Loan Arranged Through Blockchain
December 19, 2018
BBVA closed a €150 million ($171 million) acquisition term loan on behalf of Porsche Holding Salzburg, the first loan of its kind arranged through blockchain technology.
Perion Refinances $25MM Loan Facility with Mizrahi Bank
December 19, 2018
Mizrahi Tefahot Bank provided a $25 million loan facility to Perion Network, a provider of digital marketing solutions to brands focused on their consumer relationships.
Canadian Solar Closes $69MM Financing with Bancomext, Banco Sabadell
December 18, 2018
Canadian Solar closed on $69 million in non-recourse project financing provided by Banco Nacional de Comercio Exterior and Banco Sabadell. The financing consisted of a $53.2 million long-term loan, a $5.6 million letter of credit facility and a $10.2 million VAT short-term loan.
Commerzbank Launches Trade Finance Innovation Lab
November 30, 2018
Commerzbank set up a trade finance innovation lab to develop payment and finance solutions based on new technologies such as distributed ledger technology, smart contracts and the internet of things.
