International

Srei/Srei Equipment Consolidate, Will Continue Focus on Equipment Finance

Srei Infrastructure Finance and its wholly owned subsidiary Srei Equipment Finance approved a composite scheme of arrangement and amalgamation at a meeting of the Board of Directors. read more

IFC Leads $550MM ECB Investment Round in L&T Finance

L&T Finance will receive $550 million in an ECB investment round anchored by IFC, BNP Paribas, Citibank, and DBS Bank. L&T will use the $125 million of the funds to expand its farm equipment finance book. read more

MUFG Appoints Yeo to Global Advisory Board

MUFG appointed George Yeo, a former Singaporean minister for Foreign Affairs, to its Global Advisory Board. read more

Wesleyan Provides $18.9MM Asset Finance Facility to DND Finance

Wesleyan Bank, a specialist provider of commercial finance solutions, and DND Finance expanded their existing wholesale finance facility to include a £15 million ($18.9 million) asset finance facility. read more

Report: Chinese CV Truck Market Softening

China’s economy is likely to give less support to the heavy and medium truck markets in the short term, according to the most recent China Commercial Vehicle OUTLOOK. read more

FMO Approves $30MM Loan for Srei Equipment Finance

Srei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, received credit approval for $30 million from FMO, a Netherlands-based development finance bank. read more

Idinvest $379MM Fund to Support European SME Equipment Financing

According to Asset Finance International, European investment company Idinvest Partners plans to use its latest funding round to grow its equipment financing capabilities. read more

Hitachi Capital America Expands Trade Finance Solutions in Mexico

Hitachi Capital America, a specialty finance company focusing on commercial loans and leases, expanded its suite of working capital solutions in the Mexican marketplace. read more

Hitachi Capital UK Expands Vendor Solutions to New Subsidiary

Hitachi Capital UK, through its European Vendor Solutions division, created a subsidiary, Hitachi Capital European Vendor Solutions, in Amsterdam and opened a branch office in Dublin, Ireland. read more

Siemens Leader in European Patent Applications for 2018

Siemens submitted more patent applications than any other company in Europe in 2018, thus advancing to first place in the European Patent Office's application rankings. read more

Legal & General Provides $260MM to Support UK Transport Infrastructure

Legal & General provide £200 million ($260 million) in long-term debt financing to support the purchase of new rolling stock for the Wales & Borders franchise by Equitix and SMBC. read more

Boeing Capital Musing Partnerships with Middle Eastern, African Banks

According to The National, Boeing Capital is looking into partnerships with Middle Eastern and African financial institutions to create shariah-compliant aircraft funding for its customers in the region. read more

BVRLA Membership Fleets Top 5MM Vehicles While Industry Braces for Change

The combined fleet of British Vehicle Rental and Leasing Association members has risen to more than five million vehicles for the first time. read more

Henry Howard Supports Fentrade Machinery Investment

Henry Howard Finance supported start-up window manufacturer Fentrade’s investment in cutting-edge machinery to expand its burgeoning business. read more

Tesla Registers Financial Leasing Unit in Shanghai

Reuters reported that Tesla registered a financial leasing company in Shanghai as it plans to increase its presence in China. read more

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