Tuesday, 16 July 2024

Best Corporate Trade Finance Deal in China goes to Deutsche Bank and China Power International Development Ltd. (UHE Sao Simao Energia S.A.)

5 min read

By The Asian Banker

This corporation is pivotal in China's renewable energy transition. Faced with high US Dollar and Brazilian Real (BRL) financing costs, refinancing an intra-company loan was challenging. The bank facilitated a one-year term loan via a non-resident account and implemented one and three-year notional BRL/CNH cross-currency swaps, mitigating FX risks and reducing Chinese Yuan (CNY) financing costs. 

For its expertise in cross-geography and product structuring capabilities and understanding of Chinese regulations, Deutsche Bank and China Power International Development Ltd. (UHE Sao Simao Energia S.A.) are recognized for Best Corporate Trade Finance Deal in China. 

View the full image gallery of the gala awards here

 



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