TXF in depth

Foreign investors eye Russian infra market
Foreign investors eye Russian infra market
Max Thompson
5 December 2017

With Russia’s economic climate improving in 2017, the country has seen an injection of investment commitments into infrastructure from Asia and the Middle East. Some argue Russia’s burgeoning M&A deal pipeline will spur further projects across the energy and transport sector in 2018.

Defining a trade finance fund strategy
Defining a trade finance fund strategy
Helen Castell
5 December 2017

Trade finance funds looking to attract capital from big-ticket institutional investors must provide more clarity about their strategies and where they sit within the broad world of private credit, according to panellists at a recent event hosted by Kimura Capital.

CJ Hall leaves US Ex-Im: a vital US agency hamstrung by politics
CJ Hall leaves US Ex-Im: a vital US agency hamstrung by politics
Jonathan Bell
4 December 2017

Charles Hall, the acting chairman of US Ex-Im has retired from the bank. What does this mean for the agency which is still without a board quorum and unable to approve new export deals over $10 million?

TXF in brief

Marguerite closes on Grimsas wind loan
15 December 2017

Marguerite Fund has raised non-recourse debt from NordLB to finance the 46.8MW Grimsas onshore wind farm in Sweden – a project it bought from El...

Duqm refinery financing out to banks
15 December 2017

Financing for the $7 billion Duqm refinery project – a joint venture between Oman Oil Company and Kuwait Petroleum – is out to banks, with...

BAM and HABAU win A10/A24 PPP
15 December 2017

A consortium comprising BAM-PGGM (70%) and HABAU (30%) has been appointed preferred bidder for the A10/A24 Neuruppin-to-Pankow roads PPP in Germany &n...

Pengerang Terminals 2 loan signed
15 December 2017

Pengerang Terminals Two – a joint venture between Petronas subsidiary PRPCUF (40%), Dialog Group (25%), Vopak (25%) and Johor state (10%) &ndash...

Bunge Finance Europe closes RCF refi
15 December 2017

Bunge Finance Europe, a subsidiary of US commodity trader Bunge, has closed its $1.75 billion revolving credit facility (RCF) refinancing. The deal wa...

TXF Data

Export & Agency Finance MLA Full year 2016

Bank USDm No %
1 Intesa Sanpaolo 6731m 4 7.5%
2 Gazprombank 6524m 1 7.3%
3 Sberbank 6524m 1 7.3%
4 Sumitomo Mitsui Banking Corporation (SMBC) 5000m 31 5.6%
5 Mitsubishi UFJ Financial Group (MUFG) 4723m 30 5.3%
6 HSBC 4187m 34 4.7%
7 Mizuho 3833m 21 4.3%
8 ING Bank 3644m 48 4.1%
9 Citi 3124m 22 3.5%
10 Credit Agricole Corporate and Investment Bank 2896m 24 3.2%

Commodity Trade Finance MLA Full year 2016

Bank USDm No %
1 Société Générale 8711m 54 7.9%
2 Mitsubishi UFJ Financial Group (MUFG) 6958m 30 6.3%
3 ING Bank 6253m 58 5.6%
4 Natixis 5877m 48 5.3%
5 ABN AMRO 5755m 38 5.2%
6 Rabobank 5215m 39 4.7%
7 Deutsche Bank 4776m 25 4.3%
8 HSBC 4758m 27 4.3%
9 UniCredit 4609m 34 4.2%
10 BNP Paribas 3902m 29 3.5%

Opinion

Song of the day

Lloyd Cole and The Commotions
Rattlesnakes
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