TXF in depth

Expert briefing: Shielding supply chains
Expert briefing: Shielding supply chains
Guest Contributor
25 November 2019

Amid growing scrutiny on working capital optimisation and sustainability of corporates’ supply chains, payables finance is more popular than ever. Christian Hausherr, chair of the Global Supply Chain Finance Forum and European product head of payables finance, trade finance and supply chain finance at Deutsche Bank, explores how the industry is responding to growing demand.

TXF Geneva: Qbera Capital on thinking outside the box
TXF Geneva: Qbera Capital on thinking outside the box
Aife Howse
20 November 2019

At the sidelines of TXF Geneva, TXF sat down with Amitji Odedra from Qbera Capital to discuss corporate appetite for diversification in funding, how the trade finance gap is creating opportunities for alternative funds and dabbling in the secondary trading market. 

JTB: Gas finance with a twist
JTB: Gas finance with a twist
Sean Keating
19 November 2019

Pertamina EP Cepu's recent Jambaran-Tiung Biru project financing was a first on many levels for Indonesian oil and gas, setting benchmarks for multi-sourcing debt and bank appetite for domestic revenue risk. But will it be the first of many more similar deals?

TXF Originals

Dongying halts $300m PXF refi
12 December 2019

Shandong-based copper smelters Dongying Fangyuan Nonferrous Metals and Dongying Lufang Metals Material have called off its $300 million one-year PXF r...

IndOil Montney refinancing debt
11 December 2019

Indian Oil’s Canadian subsidiary IndOil Montney – which has stakes in Canadian shale assets and provides gas for export back to India &nda...

Amur GPP signs debt package
11 December 2019

Gazprom Pererabotka Blagoveshchensk signed a €13 billion ($14.4 billion) heavily ECA-backed debt package to finance the Amur gas processing plant...

Udenna nears close on RBL for gas field acquisition
9 December 2019

Udenna Corporation, via its holding company UC Malampaya Philippines, is expected to close a four-year $450 million reserve-based lending (RBL) facili...

Metalloinvest seals PXF with record length tenor
4 December 2019

On 3 December, Metalloinvest closed a 6.5-year €200 million ($221 million) pre-export finance (PXF) loan - a record length PXF tenor for the Russ...

TXF Data

Export & Agency Finance Lender H1 2019

Bank USDm No %
1 Santander 4269m 29 10.9%
2 BNP Paribas 4143m 33 10.6%
3 Credit Agricole CIB 2688m 23 6.9%
4 Société Générale 2291m 23 5.8%
5 HSBC 2166m 20 5.5%
6 KfW IPEX-Bank 2131m 23 5.4%
7 Bank of China 1870m 6 4.8%
8 ING Bank 1538m 20 3.9%
9 Sumitomo Mitsui Banking Corporation (SMBC) 1532m 16 3.9%
10 Standard Chartered 1434m 14 3.7%

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 ING Bank 7778m 74 6.8%
2 Société Générale 6910m 58 6.1%
3 BNP Paribas 6795m 52 6%
4 Natixis 4959m 57 4.4%
5 MUFG Bank 4469m 36 3.9%
6 ABN AMRO 4283m 37 3.8%
7 Credit Agricole CIB 4233m 44 3.7%
8 Citi 3734m 27 3.3%
9 Rabobank 3316m 39 2.9%
10 Mizuho 3051m 20 2.7%

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