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United Arab Emirates-based federal export credit agency inks $50m facility with metals trader Gerald Group
Gerald Metals Sàrl, the Geneva-based subsidiary of a leading independent commodity trading company, Gerald Group, has successfully closed a three-year $50-million finance facility supported by Etihad Credit Insurance (ECI). ECI is the United Arab Emirates' (UAE's) federal export credit agency. The facility represents an important addition to Gerald Group's global funding platform and its first export credit agency-supported financing backed by ECI. The financing further diversifies the Gerald Group's funding sources, extends available tenor and supports new metals trade flows across key supply chains linked to ... (full story)
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