TXF in depth

Expert Briefing: Finding the new Zen for trade assets
Expert Briefing: Finding the new Zen for trade assets
Ann Rutledge
16 April 2019

Capital is spilling all over the balance sheet nowadays. What should investors in alternate assets, particularly trade, be looking at? Ann Rutledge, CEO of CreditSpectrum asks how investors should kick the tyres and define the new landscape. Banks still have a crucial role to play as transformers of risk.

Buoying the black stuff
Buoying the black stuff
Sean Keating
10 April 2019

A statement on March 28 by Japan’s Environment Minister signals a potential change in the government’s pro coal-fired power policy. But domestic energy security issues and valuable export markets for Japan's ‘clean-coal’ technology mean any real change will take decades rather than years.

Corporate Perspectives: Talking digital Asia trade and treasury with GE
Corporate Perspectives: Talking digital Asia trade and treasury with GE
Katharine Morton
10 April 2019

Manu Taneja, director of regional cash & banking, APAC at GE Corporate Treasury in Singapore sees a role for traditional trade finance in Asia, but digitisation will be core to the future – as will the role of treasury itself.

TXF in brief

SGC secures sufficient funds for Southern Gas Corridor projects
25 April 2019

Southern Gas Corridor CJSC  – rated Ba2 by Moody’s and 51% owned by the Ministry of Economy of Azerbaijan Republic with SOCAR holding...

GWA mandates debt refinancing
25 April 2019

Rail operator Genesee & Wyoming Australia (GWA) – owned by US-based Genesee & Wyoming and MIRA – has mandated Macquarie Capit...

Peru’s largest agri water project gains financing traction
24 April 2019

Majes Siguas II, Peru’s largest agricultural irrigation scheme, has finally re-gained financing traction after the scheme was put on hold for ne...

Brazil's LNG-to-power project sounds out banks for phase two
23 April 2019

Sponsors of phase one for the $1.2 billion 1,338GW UTE Geracao de Energia (GNA I) LNG-to-power project in Brazil – Prumo Logistics, BP and Sieme...

SPDC and NNPC to raise $700m for gas project
17 April 2019

Seplat Petroleum Development Company (SPDC) and Nigerian National Petroleum Corporation (NNPC) are to raise $700 million for a joint gas project, to b...

TXF Data

Export & Agency Finance Lender H1 2019

Bank USDm No %
1 BNP Paribas 1047m 10 14.5%
2 Credit Agricole CIB 825m 8 11.5%
3 HSBC 628m 8 8.7%
4 Société Générale 623m 8 8.7%
5 Santander 551m 6 7.7%
6 Sumitomo Mitsui Banking Corporation (SMBC) 469m 6 6.5%
7 Standard Chartered 346m 4 4.8%
8 KfW IPEX-Bank 260m 7 3.6%
9 MUFG Bank 233m 2 3.2%
10 Natixis 174m 2 2.4%

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 Société Générale 2189m 10 8.3%
2 BNP Paribas 1946m 7 7.4%
3 ING Bank 1873m 10 7.1%
4 Citi 1827m 7 7%
5 Mizuho 1438m 4 5.5%
6 MUFG Bank 1394m 5 5.3%
7 ABN AMRO 1267m 6 4.8%
8 Natixis 1048m 11 4%
9 Commerzbank 1020m 2 3.9%
10 Bank of America Merrill Lynch (BAML) 929m 1 3.5%

TXF Podcast

Song of the day

Belle & Sebastian
Piazza, New York Catcher
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