TXF in depth

Questions on trade at the centre of the Sibos universe
Questions on trade at the centre of the Sibos universe
Katharine Morton
2 October 2019

Katharine Morton looks into the sky at Sibos with a guided tour of hyper connectivity, trust, cosmology, trade and eating fairy cakes at the centre of the universe

West Bakr: Borrowed template with better pricing
West Bakr: Borrowed template with better pricing
Niamh Curran
2 October 2019

Lekela Power’s DFI-backed financing for its 250MW West Bakr wind project borrows heavily from the Gulf of Suez wind template in 2017. While there have been improvements in speed of delivery and cost of debt, does angst about Egyptian political risk run too deep for these financings to ever get done with minimal DFI or ECA support?

End of an era: MacNamara’s final say
End of an era: MacNamara’s final say
Aife Howse
1 October 2019

Before his retirement at the end of last month, after nearly 40 years in the commodity finance sector, TXF spoke with Deutsche Bank’s global head of structured commodity trade finance John MacNamara one last time.

TXF Originals

Hassyan IWP RFP out to prequalified bidders
14 October 2019

Dubai Electricity and Water Authority (DEWA) has launched the request for proposals (RFP) to prequalified bidders for the 120 million imperial gallons...

Channel Capital adds to trade finance investment team
14 October 2019

Pouya Jafari, previously a credit analyst at Wells Fargo, has joined UK-based asset manager Channel Capital Advisors as a trade finance-focused associ...

ChemChina to restructure $5.5bn facility
11 October 2019

State-owned China National Chemical Corp (ChemChina) is poised to establish a new firm in Hong Kong. ChemChina sought banks approval on September 11 t...

Waters new head of global loan syndication at ICBC
10 October 2019

Mark Waters will join ICBC this December as head of global loan syndication. Waters, who will be based in London and replaces Benny Zachariah, will jo...

Carlyle adds to Infra Credit team
10 October 2019

Carlyle Group has added Manish Taneja, previously head of International Risk Distribution and Loan Syndications at Wells Fargo, to its Infrastructure ...

TXF Data

Export & Agency Finance Lender H1 2019

Bank USDm No %
1 Santander 2945m 16 9.7%
2 BNP Paribas 2761m 20 9.1%
3 Credit Agricole CIB 2227m 20 7.3%
4 KfW IPEX-Bank 1910m 21 6.3%
5 Societe Generale 1854m 19 6.1%
6 HSBC 1734m 15 5.7%
7 Bank of China 1669m 5 5.5%
8 Mizuho 1348m 15 4.4%
9 Standard Chartered 1303m 13 4.3%
10 MUFG Bank 1210m 11 4%

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 ING Bank 6216m 53 6.4%
2 BNP Paribas 6042m 43 6.2%
3 Societe Generale 5962m 49 6.1%
4 Natixis 4092m 42 4.2%
5 ABN AMRO 3581m 28 3.7%
6 MUFG Bank 3562m 28 3.6%
7 Citi 3453m 21 3.5%
8 Credit Agricole CIB 3199m 34 3.3%
9 Standard Chartered 2819m 23 2.9%
10 Rabobank 2773m 32 2.8%

TXF Podcast

Song of the day

Procol Harum
A Whiter Shade Of Pale
Listen on TXFunky