US banks quit Equator Principles; Siemens secures €4 billion credit line; Gunvor agrees to $660mn bribery fine

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:

• Four US banks have decided to quit the Equator Principles, an industry benchmark measuring the environmental impact of project finance

• Siemens Energy has agreed a €4 billion credit as part of its efforts to secure the future of its embattled wind turbine unit, Siemens Gamesa

• Gunvor has pleaded guilty to charges of bribery in the US after a long-running probe into its activities in Ecuador

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