ING Americas in the news
News items about activities and deals by ING in the Americas, as well as interesting business events and developments in the market.
Most companies want healthier employees to cut insurance costs. ING wants them to increase profit. Read the Bloomberg article.
In 2016, ING Financial Holdings Corporation in the US won several deal awards: four North American Deal of the Year awards of IJGlobal, one of PFI, and one of Reuters.
Dan Lamprecht, head of food, beverage and branded products at ING, discusses how financing can help U.S. food producers meet Chinese protein demand.
ING Capital launches a synthetic prime brokerage platform to provide cross-asset portfolio swap products to global hedge funds.
ING supporting Mexican pipeline operator Fermaca finance one of the region's largest energy infrastructure deals.
Olayan America, the U.S. investment arm of the international Saudi conglomerate the Olayan Group, closed a $570 million loan secured by the 37-story skyscraper at 550 Madison Ave. ING Capital LLC provided the initial bridge loan and led the refinancing with a group of lenders.
ING Capital LLC has originated a $570 million senior secured bridge loan for Olayan America, the US investment arm of The Olayan Group, to purchase 550 Madison Avenue in Manhattan.
In order to meet working capital needs, Compañia Argentina de Granos (CAGSA), a major marketer and exporter of grains, soybeans and corn, obtained a USD100m, five-year loan from ING.
On a recent trip, ING’s Management Board Banking and Supervisory Board visited the Freeport Liquefied Natural Gas facility on Quintana Island, Texas, and discussed the changing nature of the US energy business and how the bank is leveraging its leading global position in the oil and gas sector.
Are you involved in energy and infrastructure projects in the Latin American region? What challenges are you facing? The Forum just kicked off at the Ritz Carlton South Beach in Miami with over 400 senior attendees and over 80 expert speakers.
ING, once known for its insurance and online banking in the US, is aiming to become a leading commercial lender in the country’s energy, infrastructure and agriculture sectors.
"This week, an old fashioned US round trip, flying some 21,500 kilometers, took me via New York to Houston and Baton Rouge on to San Francisco, then via Houston and back to Amsterdam via New York."
"After the summer break my first business trip was to the US. Apparently I lost my touch of being at airports, and half way through the flight I discovered that I had left my iPad at Schiphol Airport security."
"What we do is very much focused on our sector knowledge and leveraging our international franchise, and this is where the U.S. comes in," said William Connelly, ING, in a recent interview with ‘American Banker’.
ING US has been awarded ‘2014 Best Americas Commodities Finance Deal of the Year’ by Trade & Export Finance for the Biosev deal.
ING’s Metals & Mining team in New York recently secured a USD 650m project finance facility for the Minera Antucoya copper mine project in Chile, the largest mining project financing in the Americas for 2013.
"Last Sunday, I was waiting at Schiphol airport for my flight to Los Angeles to head off on a one-week trip to the US. Via the west coast to New York City to be precise."
Please note that ING Bank does not have a banking license in the US and therefore does not offer all products referred to herein in the US. ING is not permitted to conduct banking activities in the US. Through its wholly owned subsidiary ING Financial Holdings Corporation and its subsidiaries, ING offers a full array of wholesale financial products such as lending, corporate finance and a full range of financial markets products and services to its corporate and institutional clients.