The new financing structure provides greater financial flexibility through an expanded $40 million revolving credit facility, reduced borrowing costs and an extended maturity to Dec. 31, 2029. Cannara Biotech, a vertically integrated producer of premium-grade cannabis products, entered into an...
The two Singapore banks take the top two spots among global banks in the inaugural version of the list. OCBC and DBS took the top two places among global banks in the inaugural “World’s Top Performing Banks” list, developed by...
Spanish alternative investment manager Bankinter Investment and renewables investor Plenium Partners have secured a EUR-76-million senior project finance facility from ING and UniCredit to refinance a portfolio of four biomethane plant projects in Italy, a press release said. The facility...
Australian profit-to-member super funds delivered net returns of 8.8% in the first six months of 2026, outperforming retail funds, which returned 7.8%. Profit-to-member funds have also maintained a long-term performance edge, outperforming retail funds by 1.5 percentage points a year,...
US asset management giant BlackRock Inc. has won approval from Hong Kong’s securities regulator to launch its first tokenised fund in the city According to the company, the BlackRock HKD Digital Liquidity Fund will leverage blockchain technology while maintaining the...
Luxemburg-domiciled infrastructure investor Alcazar Energy announced a EUR-180-million financial close for the 131-MW first phase of its Stip wind power plant project in North Macedonia. The announcement was made by Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy Partners,...
US synthetic fuel producer Twelve has closed a $45m credit facility. The credit facility refinanced the company’s AirPlant One facility and will support additional expansion for Twelve’s first commercial eSAF facility in Moses Lake, Washington. “We built AirPlant One to...
The financing will be used to support the company’s working capital needs as it continues to deliver flexible packaging solutions for premier consumer brands. CIT Northbridge provided a $70 million revolving line of credit to a U.S based packaging production...
The Lloyds, Societe Generale, and partners delivered the first fully digital letter of credit (LC) transaction under real commercial conditions between France and the UK. Issued by Lloyds on 8 June, the LC covered an industrial equipment export from France...
The bank's benchmark rate is now 2.5%. The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran war. The decision was supported by a stronger-than-expected economy that suggests...
