TXF in depth

Expert Briefing: Does structured trade finance still work?
Expert Briefing: Does structured trade finance still work?
Geoffrey Wynne
8 May 2018

Can structured trade finance still be used? Geoffrey Wynne, Partner at Sullivan & Worcester UK LLP in London, and head of the trade and export finance practice explores whether it can, and how. While one answer is follow the cash, follow the goods, then follow the cash again, regulators may continue to be an obstacle to market development

$44bn blockage – the price of political dogma
$44bn blockage – the price of political dogma
Oliver O'Connell
3 May 2018

There was solid support for US Ex-Im from legislators from both sides of the US political spectrum at the ECA’s annual conference. But will that support result in any action to remove the political minority blocking an effective Ex-Im?

Crown Agents: Trad knit with new patterns giving challengers the needle
Crown Agents: Trad knit with new patterns giving challengers the needle
Katharine Morton
1 May 2018

Albert Maasland, CEO of Crown Agents Bank, explains what it takes to be a challenger bank that is 200 years old, and how the lender will still be “sticking to its knitting” (continuing to do what it does best) as it keeps digitally evolving.

TXF in brief

WestConnex bidders firming up lenders
18 May 2018

Bidders for the 51% stake in the New South Wales government-owned $16.8 billion WestConnex project are asking banks for binding funding proposals ahea...

US Silica closes $1.38bn acquisition financing
17 May 2018

US Silica Holdings has closed a $1.38 billion acquisition/refinancing to fund its $750 million acquisition of EP Minerals, a global pro...

Ngodwana Energy biomass plant closes
15 May 2018

The ZAR1.5 billion ($120 million) 25MW Ngodwana Energy biomass project reached financial close last month on a $70 million facility. The plant is...

Gulf Energy mandates JBIC/ADB for Thai power plants
15 May 2018

Gulf Energy and Mitsui have mandated banks for the $1.2 billion of DFI/ECA-backed 23.5-year debt to fund their 2.5GW power plant portfolio in Tha...

Windpark Spui reaches financial close
10 May 2018

Japan’s renewable energy developer Eurus Energy and Dutch energy company YARD Energy reached financial close on the 15-year debt to finance...

TXF Data

Export & Agency Finance MLA Full year 2017

Bank USDm No %
1 BNP Paribas 5370m 35 9%
2 HSBC 4955m 40 8.3%
3 Santander Bank 4867m 22 8.2%
4 Sumitomo Mitsui Banking Corporation (SMBC) 4071m 28 6.8%
5 Société Générale 3524m 22 5.9%
6 Credit Agricole CIB 3264m 21 5.5%
7 KfW IPEX-Bank 2630m 18 4.4%
8 Deutsche Bank 2164m 15 3.6%
9 Standard Chartered 2100m 19 3.5%
10 MUFG Bank 1914m 16 3.2%

Commodity Trade Finance MLA Full year 2017

Bank USDm No %
1 Natixis 11056m 52 10.3%
2 Société Générale 8209m 46 7.7%
3 ING Bank 7272m 75 6.8%
4 Deutsche Bank 4510m 24 4.2%
5 UniCredit 4334m 34 4%
6 Rabobank 3989m 43 3.7%
7 BNP Paribas 3669m 35 3.4%
8 MUFG Bank 3656m 31 3.4%
9 ABN AMRO 3608m 41 3.4%
10 Mizuho 3248m 26 3%

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