Exim Bank of China

Ad Hoc Group of Bondholders statement on progress in Sri Lanka's debt restructuring

Retrieved on: 
Friday, December 1, 2023

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The Ad Hoc Group of Bondholders (the "Group") of the Republic of Sri Lanka ("Sri Lanka") notes the statements released by the Official Creditor Committee ("OCC") and the Sri Lankan Ministry of Finance on November 29, 2023 on the agreement-in-principle ("AiP") reached between Sri Lanka and the OCC.

Key Points: 
  • NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The Ad Hoc Group of Bondholders (the "Group") of the Republic of Sri Lanka ("Sri Lanka") notes the statements released by the Official Creditor Committee ("OCC") and the Sri Lankan Ministry of Finance on November 29, 2023 on the agreement-in-principle ("AiP") reached between Sri Lanka and the OCC.
  • The Group welcomes progress on the restructuring of official claims, as uncertainty around the treatment of these claims has hindered Sri Lanka's recovery.
  • Unfortunately, no substantive engagement has taken place between Sri Lanka and its private creditors to date.
  • The Group remains committed to reaching an agreement with the Sri Lankan authorities as quickly as possible to find a sustainable solution to Sri Lanka's debt challenges as they relate to the international bond debt.

ESR's ARA announces milestone partnership with the Export-Import Bank of China for US$1 billion infrastructure fund

Retrieved on: 
Monday, November 21, 2022

[2]

Key Points: 
  • [2]
    The Export-Import Bank of China, GezhoubaGroup Overseas Investment Corporation,China Road & Bridge Corporation and ARA have together committed US$1 billion to CAF II.
  • The fund will invest in ASEAN countries across various infrastructure, energy resourcesincluding renewables, and ICT sub-sectors, with a strong focus on sustainability and ESGstandards.
  • Jeffrey Shen and Stuart Gibson, ESR Co-founders and Co-CEOs, said: "We arevery proud of our ARA Infrastructure team for setting up the largest ASEAN-focused private infrastructure fund.
  • Dedicated to supporting the foreign trade sector, the Export-Import Bank of China takesASEAN countries as key areasfor business development.

SBA Recognizes Office of International Trade 2022 Export Lender Award Winners

Retrieved on: 
Tuesday, March 22, 2022

Washington, March 22, 2022 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) recognized Office of International Trade 2022 Export Lender Award winners for their efforts to increase access to capital for U.S. companies by providing international trade financing to small businesses.

Key Points: 
  • Washington, March 22, 2022 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) recognized Office of International Trade 2022 Export Lender Award winners for their efforts to increase access to capital for U.S. companies by providing international trade financing to small businesses.
  • This year, the SBA selected TD Bank and GBC International Bank as the Export Lenders of the Year and Byline Bank as the International Trade Lender of the Year, respectively.
  • We are honored to recognize TD Bank, GBC International Bank, and Byline Bank with the SBAs Export Lender Awards for 2021.
  • The export financing provided by our lending partners is crucial to bridging that gap and allowing small businesses to open new markets, said SBA Associate Administrator for the Office of International Trade, Gabriel Esparza.

International Seaways Announces Refinancing of Six Vessels

Retrieved on: 
Tuesday, October 26, 2021

The bareboat charter-in lease agreements for the six modern scrubber-fitted VLCCs (Seaways Tybee, Seaways Triton, Seaways Cape Henry, Seaways Hendricks, Seaways Liberty, and Seaways Diamond Head) are for a period of 10 years with purchase obligations at expiry with terms and conditions in-line with International Seaways existing debt facilities.

Key Points: 
  • The bareboat charter-in lease agreements for the six modern scrubber-fitted VLCCs (Seaways Tybee, Seaways Triton, Seaways Cape Henry, Seaways Hendricks, Seaways Liberty, and Seaways Diamond Head) are for a period of 10 years with purchase obligations at expiry with terms and conditions in-line with International Seaways existing debt facilities.
  • International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets.
  • International Seaways owns and operates a fleet of 92 vessels, including 13 VLCCs (including three new buildings), 15 Suezmaxes, five Aframaxes/LR2s, 10 Panamaxes/LR1s, 41 MR tankers and six Handy tankers.
  • International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency.

Less than 50 days to go until the 4th CIIE begins

Retrieved on: 
Saturday, September 18, 2021

Zhou said that the number of small and medium-sized enterprises are coming in groups to participate in this year's event, 30% higher than last year.

Key Points: 
  • Zhou said that the number of small and medium-sized enterprises are coming in groups to participate in this year's event, 30% higher than last year.
  • Trade agencies, such as those from Japan, Denmark, Poland and New Zealand, have all increased the size of their booths to house more small exhibitors.
  • "The Central and Eastern Europe booth is more than 1,500 square meters and will feature 60 companies," Zhou said.
  • Through data screening, invitations will be issued to 40,000 targeted buyers to the fourth CIIE.

Less than 50 days to go until the 4th CIIE begins

Retrieved on: 
Saturday, September 18, 2021

Zhou said that the number of small and medium-sized enterprises are coming in groups to participate in this year's event, 30% higher than last year.

Key Points: 
  • Zhou said that the number of small and medium-sized enterprises are coming in groups to participate in this year's event, 30% higher than last year.
  • Trade agencies, such as those from Japan, Denmark, Poland and New Zealand, have all increased the size of their booths to house more small exhibitors.
  • "The Central and Eastern Europe booth is more than 1,500 square meters and will feature 60 companies," Zhou said.
  • Through data screening, invitations will be issued to 40,000 targeted buyers to the fourth CIIE.

Donna Sims Wilson Appointed to FuelCell Energy’s Board of Directors

Retrieved on: 
Monday, August 16, 2021

Additionally, Donna brings extensive corporate governance experience through her international corporate board service, leadership positions with numerous not for profit boards and working closely with institutional investors and analysts.

Key Points: 
  • Additionally, Donna brings extensive corporate governance experience through her international corporate board service, leadership positions with numerous not for profit boards and working closely with institutional investors and analysts.
  • Donna also previously served as Chair for the Export Import Bank of the United States on the Sub-Saharan African Advisory Board.
  • Donna brings more than three and a half decades of financial industry experience, an essential aspect to FuelCell Energys business model, said Jason Few, President, Chief Executive Officer and Chief Commercial Officer of FuelCell Energy.
  • SureSource, SureSource 1500, SureSource 3000, SureSource 4000, SureSource Recovery, SureSource Capture, SureSource Hydrogen, SureSource Storage, SureSource Service, SureSource Treatment, SureSource Capital, FuelCell Energy, and FuelCell Energy logo are all trademarks of FuelCell Energy, Inc.