TXF in depth

 Super-Sinosure: Pushing the cover boundaries
Super-Sinosure: Pushing the cover boundaries
Max Thompson
3 August 2018

Sinosure wants to up its short and long-term export credit insurance exposures to over $450 billion by 2020 and is targeting international lenders for far more business. However, the brewing US-China trade war and concerns over how projects apply capital under the Belt & Road Initiative are casting shadows over the Chinese ECA’s ambitious target.

Cat A projects under consideration by ECAs this week
Cat A projects under consideration by ECAs this week
Ross Crear
3 August 2018

For those taking environmental change to heart, TXF Data has been tracking Category A projects under consideration by ECAs every week. Click here to see this week's announcements.

Reverse factoring: Too little regulation and open to too much abuse
Reverse factoring: Too little regulation and open to too much abuse
Oliver Gordon
31 July 2018

Reverse factoring has been implicated in the demise of two of Europe’s largest corporations – Abengoa and Carillion. Can the holes in reverse factoring accounting regulation be filled to prevent potential large corporation abuse of SMEs in the supply chain finance system?

TXF in brief

FNM raises new €200m medium term debt
15 August 2018

Italian regional rail operator FNM has raised a €200 million ($226 million) loan to finance rolling stock capex and refinance current short-term ...

More details on Eikeland-Steinsland wind financing
15 August 2018

More details are coming to light on the recently announced closing of a project bond by MEAG to finance Luxcara’s €200 million ($226.5 mill...

Mainstream nears close on Chilean renewables portfolio
15 August 2018

Mainstream Renewable Power is expected to sign a 20-year $600 million loan in October this year to finance the construction of four renewable pow...

Australia's NEG policy to make legislation
13 August 2018

The Council of Australian Governments’ energy session voted on 10 August for a consultation on legislation for the National Energy Gua...

RenovAr 2 signings and RenovAr 3 on hold
10 August 2018

Argentina's Ministry of Energy and Mines and CAMMESA have signed contracts with winners of 107.2MWs from the RenovAr 2 auction. The projects ...

TXF Data

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%

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