TXF in depth

Kernel: Proving bank appetite for Ukrainian corporate debt
Kernel: Proving bank appetite for Ukrainian corporate debt
Aife Howse
7 October 2019

Kernel signed a tightly priced $390 million PXF last month – a rare example of a Ukrainian corporate taking the structured trade finance route in 2019. And despite the political turmoil developing in Ukraine, the agri trader is out to the international bond/unsecured debt markets for future fundraising plans.

TXF Sibos smooth-down with CGI
TXF Sibos smooth-down with CGI
Katharine Morton
4 October 2019

TXF's head of trade, treasury and risk, Katharine Morton, spoke with CGI's product manager for trade and supply chain solutions Patrick DeVilbiss about the key trends he saw emerging in Sibos 2019.

Questions on trade at the centre of the Sibos universe
Questions on trade at the centre of the Sibos universe
Katharine Morton
2 October 2019

Katharine Morton looks into the sky at Sibos with a guided tour of hyper connectivity, trust, cosmology, trade and eating fairy cakes at the centre of the universe

TXF Originals

Seplat raises bridging debt for Eland acquisition
17 October 2019

Nigerian independent oil and gas group Seplat Petroleum Development is to finance part of its £382 million ($491.3 million) cash offer for Eland...

Taweelah IWP reaches financial close
17 October 2019

Following the signing of loan documentation last month, ACWA Power has reached full financial close on the debt backing the $900 million Taweelah 200 ...

Poland renewables auctions set for December
17 October 2019

Polish energy regulator URE has set the dates for its next round of greenfield renewables CfD-backed capacity auctions. Auctions for 2.5GW of onshore ...

Engie bids lowest for Fujairah F3 IPP
17 October 2019

Emirates Water and Electricity Company (EWEC) – a subsidiary of state-owned Abu Dhabi Power Corporation (ADPC) – has received six bids for...

Ashghal launches sewage treatment RFP
16 October 2019

The Public Works Authority of Qatar (Ashghal) has launched the request for proposals (RFP) for the Al Wakra and Al Wukair sewage treatment project wit...

TXF Data

Export & Agency Finance Lender H1 2019

Bank USDm No %
1 Santander 3774m 24 12.1%
2 BNP Paribas 2773m 20 8.9%
3 Credit Agricole CIB 2250m 20 7.2%
4 KfW IPEX-Bank 1964m 22 6.3%
5 Societe Generale 1877m 19 6%
6 Bank of China 1669m 5 5.4%
7 HSBC 1571m 15 5.1%
8 Standard Chartered 1303m 13 4.2%
9 Mizuho 1251m 15 4%
10 Sumitomo Mitsui Banking Corporation (SMBC) 1221m 12 3.9%

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 ING Bank 6216m 53 6.4%
2 BNP Paribas 6042m 43 6.2%
3 Societe Generale 5962m 49 6.1%
4 Natixis 4092m 42 4.2%
5 ABN AMRO 3581m 28 3.7%
6 MUFG Bank 3562m 28 3.6%
7 Citi 3453m 21 3.5%
8 Credit Agricole CIB 3199m 34 3.3%
9 Standard Chartered 2819m 23 2.9%
10 Rabobank 2773m 32 2.8%

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