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Trade Finance Awards Dinner 2009

29 June 2009

A gallery of images from the 7th Annual Trade Finance Awards Dinner, Sheraton Park Lane, London – June 29th 2009.

Read more: [Trade Finance Awards Dinner 2009] [Awards for Excellence 2009] [Deals of the Year 2008]

A gallery of images from the 7th Annual Trade Finance Awards Dinner, Sheraton Park...


Poll

Gazpromneft stunned the market this week when it was revealed pricing for their five-year $1 billion pre-export financing was rumoured to be just above 300 basis points over Libor. Is the deal likely to be a syndication success?

Yes - this seems like a sensible pricing benchmark, why not?
9%
No - are you crazy? These prices are ridiculous. What were these banks thinking?
27%
Yes - but for all the wrong reasons. A lack of other deals in the market, and the promise of future business with Gazpromneft will make it hard to ignore but don’t expect many to take up big tickets with this deal. There are much better deals out there.
64%

Quote

Until credit sanctioners can escape from their investment grade comfort zone, they’ll never enable the full potential of an STCF approach to be felt.

Aidan Applegarth, independent banking consultant - Commodity banks bounce back, December 2009