TXF in depth

US-China trade wars get uglier
US-China trade wars get uglier
Jonathan Bell
7 August 2019

In a ramp up of the US-China trade wars, the US is accusing China of being a currency manipulator in order to gain trade advantages. But, asks Jonathan Bell, is this simply a Chinese response to lessen the impact of US trade tariffs, part of a more aggressive stance from China or is it part of a much more complex overall picture?

TXF Commodities Amsterdam 2019: Amsterdam Trade Bank on the ripple effect of pricing
TXF Commodities Amsterdam 2019: Amsterdam Trade Bank on the ripple effect of pricing
Aife Howse
1 August 2019

On day one of TXF Amsterdam, Harris Antoniou, CEO at Amsterdam Trade Bank, talks about building an efficient transaction cycle, the ripple effect of pricing and how emission reduction targets are impacting trade.

Pit bull or pit bear?
Pit bull or pit bear?
Sean Keating
31 July 2019

The problems at the Oyu Tolgoi mining project in Mongolia mean the sponsors, Rio Tinto via its ownership of Turquoise Hill Resources, will have to raise $1 billion-plus more debt for the scheme. But is additional debt or a full refinancing the more likely outcome?

TXF in brief

Redstone CSP project financing signed
16 August 2019

ACWA Power and its co-investors in the 100MW Redstone concentrated solar power (CSP) project in South Africa have signed the project financing for the...

DWS finalises Hansea acquisition
16 August 2019

DWS has finalised the acquisition of bus operator Hansea from Cube Infrastructure Fund and Gimv. Hansea is the largest private bus company in Flanders...

Santa Isabel solar PV closes KDB-backed loan
15 August 2019

The 190MWdc Santa Isabel solar PV project in Chile has reached full financial close on a $250 million DFI-backed loan to finance the scheme. The loan ...

UK's Rampion offshore wind debt priced
15 August 2019

Macquarie’s Green Investment Bank (GIG), Macquarie European Infrastructure Fund 5 (MEIF 5) and Universities Superannuation Scheme have sealed ho...

Helms re-emerges at CIP
14 August 2019

Having been on gardening leave since April, Robert Helms, previously head of Asset Management at Orsted, has taken up his new role as managing directo...

TXF Data

Export & Agency Finance Lender H1 2019

Bank USDm No %
1 Santander 2687m 14 11.1%
2 BNP Paribas 2404m 18 9.9%
3 Societe Generale 1830m 18 7.6%
4 Credit Agricole CIB 1793m 16 7.4%
5 Bank of China 1669m 5 6.9%
6 HSBC 1534m 14 6.3%
7 KfW IPEX-Bank 1324m 17 5.5%
8 Standard Chartered 1092m 11 4.5%
9 Sumitomo Mitsui Banking Corporation (SMBC) 1041m 10 4.3%
10 Mizuho 936m 11 3.9%

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 BNP Paribas 4816m 32 7.5%
2 ING Bank 4655m 36 7.3%
3 Societe Generale 4365m 31 6.8%
4 ABN AMRO 3182m 22 5%
5 MUFG Bank 3024m 20 4.7%
6 Natixis 2890m 28 4.5%
7 Citi 2869m 15 4.5%
8 Credit Agricole CIB 2523m 24 3.9%
9 Rabobank 2104m 22 3.3%
10 Mizuho 1797m 8 2.8%

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Promised You A Miracle
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