TXF in depth

The market for green loans & ESG-tied debt
The market for green loans & ESG-tied debt
Max Thompson
15 June 2022

There is a raft of different metrics to measure sustainability and the SDGs - LMA green loans, equator principles, ICMA bond principles and EU taxonomy, to name a few. But can one size ever fit all? And will ESG-tied debt ever be a viable product suite readily tapped by users of export finance?

Is Term SOFR the new dollar Libor?
Is Term SOFR the new dollar Libor?
Thomas Hopkins
14 June 2022

The global project finance market looks set to replace one forward-looking dollar benchmark interest rate with another. Is Term SOFR effectively USD Libor with a new lick of paint?

Revving it up! TXF Export Finance Deals of the Year
Revving it up! TXF Export Finance Deals of the Year
Jonathan Bell
13 June 2022

Deals of the Year – the TXF Perfect 10 – are a time for celebration! Here, we reveal the winners of the Export Finance Deals of the Year, for transactions signed in 2021. Huge congratulations to all the parties that were involved in these winning transactions.

TXF Originals

SSE and Equinor buying Triton Power
28 June 2022

SSE Thermal and Equinor are to acquire Triton Power Holdings in the UK from Energy Capital Partners for £341 million on a 50:50 basis.Triton Pow...

Arber is latest recruit to MonetaGo in North America
27 June 2022

Ben Arber has joined trade finance fintech, MonetaGo, as managing director, US and Canada. Arber had been at HSBC until March 2021 for more than two d...

Enel X and Infracapital sign loan to expand their Cogenio energy services platform
24 June 2022

Infracapital and Enel’s joint venture Cogenio has signed a €117.4 million sustainability-linked project financing facility to partially fin...

Barka V documentation signed
24 June 2022

Financing documents for GS Inima’s Barka V 100,000 m3/day independent water project (IWP) in Oman have been signed.The debt totals roughly $100 ...

More information on PGL floating offshore wind financing
24 June 2022

Further information has come to light about the project financing of the 25MW Provence Grand Large (PGL) floating offshore wind farm, which will be lo...

TXF Data

Export & Agency Finance Lender 2021

Bank USDm No %
1 Société Générale 5297m 42 6.8%
2 BNP Paribas 5213m 41 6.6%
3 Santander 5080m 46 6.5%
4 Crédit Agricole CIB 4831m 31 6.2%
5 JP Morgan 3653m 30 4.7%
6 ING Bank 3178m 47 4.1%
7 HSBC 2886m 27 3.7%
8 Deutsche Bank 2868m 29 3.7%
9 Sumitomo Mitsui Banking Corporation (SMBC) 2790m 25 3.6%
10 Standard Chartered 2325m 21 3%

Commodity Trade Finance Lender 2021

Bank USDm No %
1 BNP Paribas 7814m 45 6.1%
2 ING Bank 6818m 69 5.3%
3 Citi 6385m 37 4.9%
4 JP Morgan 6242m 19 4.8%
5 Natixis 5607m 56 4.3%
6 Sumitomo Mitsui Banking Corporation (SMBC) 5154m 39 4%
7 Société Générale 4984m 50 3.9%
8 HSBC 4981m 32 3.9%
9 MUFG Bank 4906m 35 3.8%
10 Crédit Agricole CIB 4304m 39 3.3%

TXF Podcast

Song of the day

Paula Cole
Where have all the cowboys gone
Listen on TXFunky