The Americas and US

Credit insurer Atradius concludes cooperation agreement with Petrobras

Credit insurer Atradius concluded a cooperation agreement with Petrobras on November 23 in Rio de Janeiro . The Brazilian oil company gets a credit insurance of US $1 billion for purchases in the Netherlands."That allows Dutch companies a lead over competition from other countries.
Country: 
Netherlands
ECAs: 
Atradius
Member: 
Both ENDS

Barrick Gold reveals exorbitant cost overruns on ECA rejected Pascua Lama mine (PDF)

Url: 
http://www.halifaxinitiative.org/sites/halifaxinitiative.org/files/OLCA_HI_MWC.p...
  Barrick Gold reveals exorbitant cost overruns on ECA rejected Pascua Lama mine (PDF)(Halifax Initiative, Ottawa, 3 August 2012) On July 26, Barrick Gold presented its second quarter results, announcing a further, year-long delay and exorbitant cost overruns of between 50 and 60% of recent estimates for its Pascua Lama mine on the Chile/Argentina border.
Country: 
Canada
ECAs: 
Export Development Canada
Issue: 
Oil, Gas and Mining

New Ex-Im Bank Loans Guarantee Pre-Delivery Interest Rates

Url: 
http://www.aviationweek.com/Article.aspx?id=/article-xml/avd_08_01_2012_p04-01-4...
  New Ex-Im Bank Loans Guarantee Pre-Delivery Interest Rates(Aviation Week, Washington, 1 August 2012) Latam Airlines Group, the recently formed parent company of LAN Airlines and Grupo TAM, is the first airline to use the new US Ex-Im facility for pre-funded loan guarantees for aircraft purchases.
ECAs: 
EXIM Bank China

Will Pemex bonds trigger new wave of ECA capital guarantees?

Url: 
http://www.prnewswire.com/news-releases/ex-im-approves-12-billion-in-export-fina...
 
ECAs: 
EXIM Bank China

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