Shearman hires project partner - Trade Finance - February 2012

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Shearman hires project partner

06 February 2012

Law firm Shearman & Sterling has hired an EMEA project finance specialist from Ashurst.

Read more: Shearman & Sterling Ashurst John Inglis EMEA energy project finance Shuweihat 3 Kenneth MacRitchie UK Green Investments

Shearman & Sterling has hired an energy partner from rivals Ashurst to bulk up its London office.

John Inglis will become the fourth partner in the UK projects practice, reporting to London office head and...

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There is a lot more financing activity coming from the trading companies, mining groups, and multinational corporations that have excess liquidity at their disposal. In many cases they are sitting on cash given high commodity prices, and can still attract banks loans – borrowing base facilities and revolvers continue to be renewed. This allows them to get more involved in direct trade financing on a prepayment or transactional basis. Essentially this is supply chain financing and their treasuries have become a lot more sophisticated.

News sources of trade liqudity find their place - March 2012

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