TXF in depth

Commodity supply chain digitisation pushed along by Covid-19
Commodity supply chain digitisation pushed along by Covid-19
Gabriella Martin
12 May 2020

Covid-19 may have accelerated the race for digitisation in commodity trade finance, but there are still significant legal challenges to overcome argues Gabriella Martin, senior associate, commodities and shipping group, Squire Patton Boggs.

Tulu Moye geothermal: Diversifying Ethiopia's energy mix
Tulu Moye geothermal: Diversifying Ethiopia's energy mix
Max Thompson
11 May 2020

TXF spoke with Darrel Boyd, CEO at TM Geothermal Operations (TMGO) to outline the progress and challenges of procuring and financing the 150MW Tulu Moye geothermal power project in Ethiopia amid the coronavirus pandemic – the country's first independent power producer (IPP).

Live Webinar: Filling the $1.5tn trade finance gap: How much can technology bridge?
Live Webinar: Filling the $1.5tn trade finance gap: How much can technology bridge?
Katharine Morton
8 May 2020

Wednesday 20 May | 11am BST | 12pm CEST How much is digitisation going to help narrow the gap between what trade finance is needed and what is under offer?

TXF Originals

Northvolt battery factory project progressing
21 May 2020

Northvolt is progressing a €1 billion ($1.1 billion) multi-sourced debt financing for its planned Northvolt Ett lithium-ion battery factory proje...

OPWP to hold back investment capacity payments
21 May 2020

Oman Power & Water Procurement (OPWP) assured private power and water companies in the Sultanate that it will not hold back investment capacity pa...

Traxys secures $1.287 billion multi-currency facility
20 May 2020

Metals and natural resources trader Traxys has closed a $1.287 billion multi-tranche, multi-currency facility. Signed on 5 May, the facility was sligh...

Metalloinvest secures credit line from IBEC
20 May 2020

Russian metals producer Metalloinvest closed a €40 million ($43.4 million) credit line from International Bank for Economic Co-operation (IBEC) o...

Pasadena closes on debt for stand-alone alkylation project
20 May 2020

Pasadena Performance Products – which is owned directly by Next Wave Energy Partners, a portfolio company of Energy Capital Partners – has...

TXF Data

Export & Agency Finance Lender H1 2020

Bank USDm No %
1 Citi 1890m 2 16.9%
2 Industrial and Commercial Bank of China (ICBC) 1430m 1 12.8%
3 Sumitomo Mitsui Banking Corporation (SMBC) 1314m 3 11.8%
4 KfW IPEX-Bank 1099m 4 9.9%
5 Mizuho 672m 4 6%
6 MUFG Bank 546m 2 4.9%
7 Sumitomo Mitsui Trust Bank (SMTB) 515m 1 4.6%
8 BNP Paribas 491m 5 4.4%
9 ING Bank 402m 7 3.6%
10 Standard Chartered 388m 2 3.5%

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 TD Securities 6504m 1 21.2%
2 ING Bank 1988m 13 6.5%
3 Société Générale 1560m 7 5.1%
4 UniCredit 1486m 8 4.8%
5 Deutsche Bank 1028m 5 3.3%
6 Rabobank 973m 7 3.2%
7 Sumitomo Mitsui Banking Corporation (SMBC) 909m 4 3%
8 Bank of China 846m 3 2.8%
9 BNP Paribas 828m 5 2.7%
10 MUFG Bank 716m 6 2.3%

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