TXF in depth

TXF FIT MasterZone to launch in Singapore on 9 May
TXF FIT MasterZone to launch in Singapore on 9 May
Katharine Morton
13 March 2019

TXF's Financing International Trade (FIT) MasterZone will have its inaugural outing in what is fast becoming the most dynamic and exciting hub for trade, treasury and risk in the world, Singapore. Join us for intensive expert briefings, technology updates and best practice roundtables

Mozambican LNG: Upping the financing pressure
Mozambican LNG: Upping the financing pressure
Ross Crear
7 March 2019

Sponsors of two LNG projects in Mozambique are testing lender appetite and country limits with a potential $30 billion of combined debt to be financed by the end of 2019. Both will be ECA/DFI-backed – but one deal looks an easier sell than the other.

Traders further build-in SDG principles and financing
Traders further build-in SDG principles and financing
Jonathan Bell
6 March 2019

Sustainability within commodity production and financing has been slow to properly kick-in. But changes are afoot, and many traders are now making valiant strides to ensure sustainability goals become a real part of their make-up. Jonathan Bell assesses some recent developments.

TXF in brief

ECOM Agroindustrial Asia signs $550m RCF refi
9 April 2019

ECOM Agroindustrial Asia signed a $550 million revolving credit facility (RCF) on April 4 2019. The deal, which was oversubscribed by $50 million, wil...

Promotions for two at UniCredit
8 April 2019

UniCredit has made two promotions in its project and commodity finance teams.Christian Beynio has been promoted from managing director to head of CEE ...

Gunvor's CFO starts new role
8 April 2019

Commodity trader Gunvor has appointed Murial Schwab as CFO, who started last week. Schwab, who has almost 20 years of experience in the commodities tr...

Sanbrado Gold project makes first drawdown
5 April 2019

Australia-based gold developer West African Resources has met conditions precedent and drawn down a $75 million portion of the $200 million financing ...

Kipushi zinc-copper mine restart gaining traction
5 April 2019

Ivanhoe Mines has completed a National Instrument technical report covering the June 2018 Mineral Resource estimate for the Kipushi zinc-copper mine p...

TXF Data

Export & Agency Finance MLA Full year 2018

Bank USDm No %
1 Santander 7710m 47 8.4%
2 BNP Paribas 7186m 32 7.8%
3 Credit Agricole CIB 6022m 37 6.5%
4 HSBC 5970m 40 6.5%
5 Société Générale 4957m 28 5.4%
6 Deutsche Bank 4056m 28 4.4%
7 Citi 3941m 17 4.3%
8 ING Bank 3053m 41 3.3%
9 UniCredit 3053m 20 3.3%
10 MUFG Bank 3043m 22 3.3%

Commodity Trade Finance MLA Full year 2018

Bank USDm No %
1 Natixis 12131m 41 8.4%
2 ING Bank 11151m 84 7.7%
3 BNP Paribas 7651m 44 5.3%
4 Société Générale 6015m 51 4.2%
5 MUFG Bank 5552m 32 3.8%
6 ABN AMRO 4979m 42 3.4%
7 Deutsche Bank 4304m 25 3%
8 Rabobank 4286m 36 3%
9 Standard Chartered 4197m 24 2.9%
10 UniCredit 4069m 34 2.8%

TXF Podcast

Song of the day

Barry McGuire
Eve of destruction
Listen on TXFunky