TXF in depth

Bujagali Energy: An unlikely DFI debt rollover template
Bujagali Energy: An unlikely DFI debt rollover template
Tom Nelthorpe
12 September 2018

In July, Sithe and IPS refinanced the Bujagali hydro project to deliver a cheaper power tariff to the Ugandan government. The process – a rare refinancing for DFIs – also involved a reshuffle of Bujagali’s debt and equity cast. So is this the beginning of a new willingness from DFIs to roll over debt?

Africa and China – reinforcing the ties that bind
Africa and China – reinforcing the ties that bind
Jonathan Bell
12 September 2018

China is putting more major funds and resources in place to further cement trade and investment ties with Africa, but asks Jonathan Bell is this sustainable and what are the pros and cons for African states?

Corporate perspective: 200 pints a second of trade, treasury and risk with Asahi Breweries Europe
Corporate perspective: 200 pints a second of trade, treasury and risk with Asahi Breweries Europe
Katharine Morton
10 September 2018

When Japanese brewer Asahi bought SABMiller’s central and European assets from AB InBev (ABI) for €7.3bn it made Asahi Group the third largest brewer in Europe. The ABI transaction was one of the most complicated deals in the history of brewing, however one outcome is that Anthony Buchanan, treasurer of the Asahi Breweries Europe Group, which produces 200 pints of premium lager every second, has an interesting job. TXF talks financing international trade with him.

TXF in brief

Boulos moves to HSBC US
19 September 2018

Rodrigo Boulos, previously head of trade and receivables finance sales for HSBC in the UAE, has started a new role at the bank – head of sales f...

Financial close on Waikeria Prison PPP
19 September 2018

Following contractual close earlier this week, sponsors of the NZ$830 million ($549 million) Waikeria Prison PPP in New Zealand have reached fina...

EllisDon looking at bond for Royal Inland P3
19 September 2018

EllisDon Infrastructure Healthcare has mandated a lead arranger for a dual-tranche bond issue to fund its C$417 million ($320 million) Royal Inland ho...

Resgen's Boikarbelo Coal project financing back on track
19 September 2018

Financing for Resource Generation’s (Resgen) Boikarabelo Coal Mine project in the Waterberg, South Africa, is progressing again following a key ...

Tanesco launches wind and solar RFQs
19 September 2018

Tanzanian electricity supplier Tanesco has launched separate RFQs for a total of 350MWs of new large wind and solar capacity. The deadline for both RF...

TXF Data

Export & Agency Finance MLA Full year 2017

Bank USDm No %
1 BNP Paribas 5311m 34 9.2%
2 HSBC 4955m 40 8.6%
3 Santander 4867m 22 8.4%
4 Sumitomo Mitsui Banking Corporation (SMBC) 3871m 26 6.7%
5 Société Générale 3464m 21 6%
6 Credit Agricole CIB 3264m 21 5.7%
7 KfW IPEX-Bank 2630m 18 4.6%
8 Deutsche Bank 2164m 15 3.8%
9 Citi 1973m 11 3.4%
10 Standard Chartered 1960m 18 3.4%

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%

TXF Podcast

Song of the day

Oasis
Wonderwall
Listen on TXFunky