TXF in depth

Expert briefing: EDC advice on how to manage business risk during Covid-19
Expert briefing: EDC advice on how to manage business risk during Covid-19
Guest Contributor
19 March 2020

Export Development Canada (EDC) has given Canadian exporters advice on how to manage their business risk strategy during the Coronavirus Covid-19 crisis. That guidance bears sharing to a wider audience of exporters globally.

ECAs characters in action: In viro veritas 2
ECAs characters in action: In viro veritas 2
Katharine Morton
18 March 2020

There’s been a lot of activity behind the scenes at ECAs amid the abrupt systemic shock of Coronavirus. Some have been faster, and some more transparent communicators, than others. Is it a judge of character? TXF looks at the degrees of action in the market and applauds those taking steps to help SMEs and smaller businesses. After all, it’s the sector many profess to want to support in times of need, and now is a great opportunity.

Shop talk: Ashurst keeps cool as corporate debt restructuring heats up
Shop talk: Ashurst keeps cool as corporate debt restructuring heats up
Aife Howse
17 March 2020

During a volatile time for global trade and the commodities market amid the coronavirus pandemic, TXF spoke to Jean Woo, partner at Ashurst in Singapore, to discuss how the law firm is staying abreast of the legal requirements facing its corporate clients as many of them look to restructure their debt.

TXF Originals

CTL closes on first non-recourse transmission deal in Cambodia
31 March 2020

Cambodia Transmission Limited (CTL) has closed the first non-recourse debt facility for a transmission line in Cambodia. The loan is being provided by...

KPMG promotes Somani to Asia-Pacific head of infrastructure
31 March 2020

Sharad Somani has been promoted to Asia-Pacific head of infrastructure at KPMG, where he has worked for over fifteen years. He replaces Julian Vella, ...

Cocobod closes $600m loan after one month delay
31 March 2020

Cocobod has closed its $600 million receivables-backed term loan this month, slightly behind its originally forecast close date in February. Firs...

Pricing emerges on Ishinomaki Hibarino biomass project
31 March 2020

Sponsors of the 74.95MW Ishinomaki Hibaniro biomass power project in Japan – Renova - 38%, Tokyo Gas Company - 34%, United Purpose Management - ...

IEnova signs DFI-backed loan for Mexican solar portfolio
30 March 2020

On 26 March IEnova, Sempra Energy’s Mexican subsidiary, signed on a $395 million DFI-backed loan to finance a 376MW solar portfolio in Mexico &n...

TXF Data

Export & Agency Finance Lender H1 2020

Bank USDm No %
1 Sumitomo Mitsui Banking Corporation (SMBC) 630m 2 20%
2 Mizuho 535m 2 16.9%
3 MUFG Bank 515m 1 16.3%
4 Sumitomo Mitsui Trust Bank (SMTB) 515m 1 16.3%
5 ING Bank 276m 4 8.8%
6 BBVA 133m 1 4.2%
7 Commerzbank 122m 2 3.9%
8 Credit Suisse 90m 1 2.8%
9 Credit Agricole CIB 82m 1 2.6%
10 ANZ (Australia and New Zealand Banking Group) 75m 1 2.4%

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 TD Securities 6504m 1 32.1%
2 ING Bank 772m 7 3.8%
3 UniCredit 681m 5 3.4%
4 JP Morgan 677m 5 3.3%
5 Société Générale 588m 4 2.9%
6 Credit Suisse 488m 4 2.4%
7 Citi 486m 3 2.4%
8 Bank of China 466m 2 2.3%
9 Standard Chartered 450m 2 2.2%
10 Deutsche Bank 436m 3 2.2%

TXF Podcast

Song of the day

Van Morisson
Into the mystic
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