International

KKR Supports Development of European Locomotive Leasing

Investment firm KKR announced that it will support the development of European Locomotive Leasing, a provider of full-service locomotive leasing solutions to freight and passenger operators throughout continental Europe. read more

GE Capital Provides Cross-Border Facility to Accolade Wines

GE Capital International said it has provided a $300 million cross-border financing facility to Accolade Wines. GE notes that over the last 12 months, it has funded more than $800 million in cross-border deals. read more

White Clarke: ‘Coming Year True Test for Leasing Sector’

In its recently released Global Leasing Report, White Clarke chairman and author of the report, Ed White, notes that the global leasing sector grew by a respectable 8.95%, but notes the coming year will be a true test of the leasing sector, with the U.S. anticipating slower growth and tighter margins. read more

China in Talks with Airbus on Possible $20B Aircraft Deal

Reuters reported that China is in talks to buy at least 150 Airbus passenger jets potentially worth $20 billion as talks advance to open Airbus’s second major factory in the country. read more

Ex-Im Bank, FCIB Sign MOU to Support Export Financing

The Ex-Im Bank of the U.S. and the Finance, Credit and International Business Association have signed an MOU to increase awareness in the U.S. business community, particularly among SMEs, about exporting. read more

European Leasing Market Returns to Growth in 2013

Leaseurope’s preliminary survey of the European leasing market shows a 1.9% increase in new leasing business in Europe for 2013; however, new leasing volumes for equipment fell 1.0%. read more

Bloomberg: Global Debt Exceeds $100 Trillion

Bloomberg reported that according to the Bank for International Settlements, the amount of debt globally has soared more than 40% to $100 trillion since the first signs of the financial crisis. read more

ICBC Financial Leasing in Sale/Leaseback on Construction Vessel

EOC Limited said it successfully signed a $200 million sale & leaseback arrangement for the Lewek Champion, a pipelay and heavy lift construction vessel, with a unit of ICBC Financial Leasing. read more

Survey: European Leasing Professionals Bullish for H1/14

Seventy-four percent of European leasing professionals surveyed by Leaseurope and The Alta Group's Invigors EMEA say they expect new business volumes to increase over the next six months. read more

Northland Broadens Mining Equipment Leasing Arrangement

Northland Resources said it has signed a leasing arrangement for mobile mining equipment that requires the downsizing of a lease with Cat Financial, which will enable the company to have two lease providers instead of one. read more

LeasePlan Launches LeasePlan Canada

LeasePlan announced it has expanded its North American service offerings with the launch of LeasePlan Canada, which will provide a full spectrum of services. read more

KKR to Invest $100MM+ in LCI Helicopter Leasing Business

Lease Corporation International and KKR Financial Holdings said that have entered into an agreement under which KFH has agreed to invest in excess of $100 million in the helicopter leasing subsidiary of LCI. read more

Basel Regulators Dilute Debt Limit to Spur Lending

Bloomberg reported that the Basel Committee on Banking Supervision diluted a planned debt limit for banks amid warnings that the rule would penalize low-risk financial activities and curtail lending. read more

Westpac Completes Acquisition of Lloyds Equipment Finance Book

Westpac announced it has completed its $1.45 billion purchase of Lloyds Banking Group’s Australian motor and equipment finance business. read more

China Said to Introduce Healthcare Corruption ‘Blacklist’

The Malaysian Insider reported that China will introduce a “blacklist” of drug and medical device manufacturers found to have paid bribes as it extends a crackdown on graft in the healthcare sector. read more

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