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May 3, 2021 2:06 PM UTC
Freepoint Commodities Renews Its Revolving Credit Facility at USD 2.63 Billion; Allows Growth to USD 3.23 Billion
Freepoint Commodities Renews Its Revolving Credit Facility at USD 2.63 Billion; Allows Growth to USD 3.23 Billion
PR Newswire
STAMFORD, Conn., May 3, 2021
STAMFORD, Conn., May 3, 2021 /PRNewswire/ Freepoint Commodities LLC ( Freepoint ) today announced that it has closed a USD 2.63 billion revolving bank facility (the Facility ). The Facility consists of a USD 1,709,500,000 three-year committed tranche and a USD 920,500,000 one-year uncommitted tranche. Additionally, the Facility has a USD 600 million accordion feature.
BNP Paribas Securities Corp ( BNPPSC ), MUFG Bank, Ltd. ( MUFG ) and Natixis, New York Branch ( NATIXIS ) are Joint Lead Arrangers and Bookrunners for the Facility. Freepoint is pleased to welcome as new Joint Lead Arranger, Wells Fargo Bank, N.A., who will join Coöperat
Freepoint Commodities Renews Its Revolving Credit Facility at USD 2 63 Billion; Allows Growth to USD 3 23 Billion
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Japan s SMFG acquires 49% stake in Vietnamese NBFC FE Credit
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VCCI and the Japan International Cooperation Agency (
JICA) in
Hanoi on April 28, part of activities launched by VCCI to improve workplace productivity
at businesses.
According to Loc, Vietnam’s workplace productivity has improved remarkably in recent years, posting a rise of 5.8 percent each year in the 2016-2020 period
and exceeding the target by 0.8 percent.
The country’s growth model has gradually reduced a dependence on the exploitation
of natural resources, raw material exports, low-cost labour, and credit
expansion, and begun relying on the application of science, technology, and
innovation, he said.
According to the International Labour Organisation (ILO), Vietnam’s workplace productivity in the 2011-2020
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Energy firms and financial institutions have been eyeing LNG to power projects in Asia Pacific for some time but these projects have not materialised as anticipated. Of late, however, interest in developing these projects has resurfaced.
What has changed in the past several years? What are the challenges and opportunities facing these projects? This article touches on the key points discussed during our recent webinar with Ryota Kobayashi (Marubeni), Tom Wilson (Asian Development Bank), Yash Shah (Sumitomo Mitsui Banking Corporation) and Tim Fourteau (White & Case) as moderated by Paul Harrison (White & Case).