APICORP to raise its callable capital to $8.5bn; EGCO to buy 25% of Yunlin offshore wind project in Taiwan; Canada ups DFI/ECA capacity
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
Arab Petroleum Investments Corporation (APICORP) has announced that its General Assembly has ratified a landmark increase in callable capital to $8.5 billion, as well as a significant hike in authorized and subscribed capital.
Electricity Generating Public Company Limited (EGCO) has informed the Thai stock exchange that its Greenwing Energy subsidiary has entered into a share purchase agreement to acquire a 25% ownership interest in Yunlin Holding GmbHThe World Bank has priced an $8 billion five-year global benchmark bond that matures on 22 April, 2025;
Business Development Canada and Export Development Canada are to make available additional financial capacity to help support the country's oil and gas sector during the COVID-19 pandemic
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