The CoE Group of States against Corruption (GRECO) determined that there is almost no effective control over the financing of political parties in Serbia.
The group expressed hope that the new law on the financing of political parties will contribute to the solving of the problem.
Posts Tagged ‘financing’
GRECO warns about financing of parties
January 24th, 2011 |
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Jurong Aromatics $2.1b financing closes oversubscribed: Update
November 30th, 2010 |
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Jurong Aromatics Corporation’s (JAC) US$1.56 billion ($2.1 billion) financing deal to build its Singapore petrochemicals plant has closed oversubscribed with 11 banks committing to the syndicated portion, banking sources said on Tuesday.
Jurong Aromatics $2.1b financing closes oversubscribed
November 30th, 2010 |
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Jurong Aromatics Corporation’s (JAC) US$1.56 billion ($2.1 billion) financing deal to build its Singapore plant has closed oversubscribed with 11 banks committing to the syndication, banking sources said on Tuesday.
NewLogic Business Loans Offers Mini-Payment Financing
November 16th, 2010 |
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The "Mini-Payment" feature is designed to help SMB cash flow by creating smaller, more frequent payments. – Capital Access Network announced that it will make loans available to small
to midsize businesses through its subsidiary, NewLogic Business Loans. NewLogic
will provide loans to restaurants, service practices and retail businesses.
Loans will be offered with a preset monthly payment amount and fi…
Tiger Air inks financing deal with StanChart
October 28th, 2010 |
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Singapore budget carrier Tiger Airways said on Thursday it has signed a multi-million dollar financing deal with Standard Chartered Bank for pre-delivery payments (PDP) of 14 new aircraft.
“Standard Chartered Bank has been mandated to arrange and sole finance a Singapore dollar-denominated structured PDP financing arrangement for Tiger Airways,” the company said in a statement.
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GPSChemoil secures $117m financing for Phase 4 fuel terminal project
October 19th, 2010 |
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GPSChemoil has announced that the financing of the construction of phase four of its storage terminal at Fujairah, United Arab Emirates, has been successfully arranged.
GPSChemoil is a joint venture company between Gulf Petrol Supplies LLC, a subsidiary of the Fujairah National Group, and Chemoil, one of the world’s leading suppliers of Marine Fuel.
Asiatic Group unit gets $26.4m financing for Vietnam hydropower project
September 27th, 2010 |
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Asiatic Group (Holdings) says subsidiary Colben Energy Holdings (Vietnam), through its 51%-owned subsidiary, Colben Energy (Vietnam) Joint Stock Company, has been granted a VND366,000 million ($26.4 million) loan facility to finance the 44MW hydropower power plants project in Vietnam.
Bankers launch $2.08b Jurong Aromatics financing: Update
September 14th, 2010 |
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Joint coordinating banks ING (ING.AS) and Royal Bank of Scotland (RBS.L) launched on Tuesday the much delayed US$1.56 billion ($2.08 billion) debt package for Jurong Aromatics Corp’s (JAC) Singapore plant, the company and its bankers said.
The deal is set to be the biggest U.S. dollar financing in Singapore this year, bankers involved in the funding said.
ING, RBS market $2.08b Jurong loan financing: Update
September 14th, 2010 |
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ING Groep NV and Royal Bank of Scotland Group Plc approached lenders for loans totaling US$1.56 billion ($2.08 billion) to help fund construction of Singapore’s Jurong Aromatics petrochemicals project, according to ING.
“The timing seems perfect now with almost no other deals of this size or quality expected in the market this year,” Bruce Macfarlane, head of the advisory team at joint coordinating bank ING, said in an e-mailed statement today.
ING, RBS launch US$1.56b Jurong Aromatics debt financing
September 14th, 2010 |
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ING Groep NV and Royal Bank of Scotland Group Plc starting marketing $1.56 billion ($2.08 billion) of debt financing to lenders for Singapore’s Jurong Aromatics project, according to an e-mailed statement.
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Sembcorp gets financing for $2b India project
September 13th, 2010 |
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Singapore’s Sembcorp Industries (SCIL.SI) said on Monday that one of its India units has signed financing agreements with lenders for a $2 billion power plant project in the southern Indian state of Andhra Pradesh.
The financing covers approximately 75% of the project cost that Sembcorp unit, Thermal Powertech Corporation India, needs to develop the 1,320 megawatt power plant.
The Singapore rigbuilding and engineering conglomerate did not name the lenders in its filing to the stock exchange.
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SembCorp Industries signs financing arrangement for India plant
September 13th, 2010 |
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SembCorp Industries said its Thermal Powertech Corp. business has signed financing arrangements covering 75% of the $2 billion cost of a power plant in Andhra Pradesh, India.
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GuocoLand signs $50m Islamic financing facility with CIMB Bank Singapore
September 6th, 2010 |
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Property GuocoLand says its unit has obtained a Shariah-compliant financing facility of up to $50 million from CIMB Bank Berhad, Singapore. The Islamic financing facility is for a period of three years. This financing facility uses the Commodity Murabahah structure, one of the common structures used in Islamic financing, whereby the creation of debt is facilitated through a trade contract of an underlying asset.
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Jurong Aromatics on track to finalise financing in Q4
August 30th, 2010 |
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Jurong Aromatics Corporation (JAC) plans to finalise its delayed US$1.5 billion ($2.03 billion)debt financing for its Singapore plant by early December, and expects the support of two South Korean government export agencies, sources familiar with the deal said on Monday.
“We are on schedule to complete the financing by late November or early December,” said a source from one of JAC’s shareholders.
Rickmers Maritime gets $765m 5-year ship financing loan
August 11th, 2010 |
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Rickmers Maritime, a Singapore-based business which owns and operates containerships under fixed-rate charters, got a US$565 million ($765 million) term loan which matures in 2015, according to data compiled by Bloomberg.
Proceeds will be used for ship financing and lead arrangers include DnB Nor ASA and HSH Nordbank AG, the data show.
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Wilmar mandates 3 banks for US$1.1b financing
August 4th, 2010 |
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Wilmar, the world’s largest palm oil firm, has mandated ANZ, HSBC and Rabobank to help it raise US$1.1 billion ($1.5 billion) to finance its acquisition of CSR’s sugar business, Basis Point reported, citing banking sources.
Basis Point, a Thomson Reuters service, said the multi-tranche loan will have an average life of less than three years, with tenors ranging from one to five years.
United Engineers secures $372m in financing
July 16th, 2010 |
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United Engineers says it has secured term loan facilities amounting to $372 million from a consortium of five banks, namely United Overseas Bank Limited, DBS Bank Ltd, Oversea-Chinese Banking Corporation Limited, Bank of China Limited, Singapore Branch and The Bank of East Asia Limited, Singapore Branch.
Sound Global, IFC agree potential financing package
June 10th, 2010 |
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Sound Global, the turnkey water and wastewater treatment solutions provider in China, says the group has entered into a non-legally binding Memorandum of Understanding (MOU) with IFC, a member of the World Bank Group focussed on private sector investments in developing countries, to cooperate in relation to building further good bank-corporate relations.
Under the MOU, IFC has agreed to extend to Sound Global US$34 million ($48 million) in loans. Sound says the group and IFC are discussing an additional credit line of US$36 million which would IFC’s total financing package to US$70 million.
Sound Global intends to use the existing and potential credit facility to finance the construction, completion and operation of certain wastewater treatment plants in China.
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Etika secures syndicated financing facilities for $158m
May 4th, 2010 |
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Etika International Holdings, the manufacturer and distributor of sweetened condensed milk, has signed syndicated financing facilities worth RM368 million ($157.7 million), with a consortium of three Malaysian financial institution groups including AmBank Group, EON Bank Group, Maybank Group and jointly lead arranged by AmInvestment Bank Group, Maybank Investment Bank Berhad and MIMB Investment Bank Berhad.
Ezra to secure US$100m in financing through notes issue, term loan facility
May 4th, 2010 |
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Ezra Holdings says it has appointed DBS Bank and The Hongkong and Shanghai Banking Corporation as joint lead managers and bookrunners to issue fixed rate notes and a transferable term loan facility to secure financing of at least US$100 million ($137 million).