TXF in depth

Live webinar: How can institutional investors support trade finance flows?
Live webinar: How can institutional investors support trade finance flows?
Max Thompson
29 April 2020

Thursday 14th May 2020 | 10:30 EST | 15:30 BST It is more essential than ever for the trade and export finance community to engage with institutional investors to optimise their ability to access capital. Join our live 1 hour webinar as experts discuss what a long term issuer/investor relationship can look like in trade finance

Africa: Going cold turkey from Chinese infra finance addiction?
Africa: Going cold turkey from Chinese infra finance addiction?
Max Thompson
29 April 2020

China’s president, Xi Jinping, pledged $60 billion in 2018 for African development over the next three years. But will the Covid-19 pandemic and global economic downturn light an early fuse on the time bomb of ‘addictive’ Chinese-style financings in Africa, especially for commodity-linked project debt as commodity prices tumble? Or are critics just out for China again.

 Shop talk: EASTvine – the rise of the small and flexible trade fund
Shop talk: EASTvine – the rise of the small and flexible trade fund
Aife Howse
28 April 2020

TXF spoke with EASTvine Capital, a small alternative fund set up in Singapore in 2018 by three ex-bankers who saw an opportunity to fill the commodity trade finance funding gap in Asia, which currently stands at an estimated $600 billion.

TXF Originals

Traxys secures $1.287 billion multi-currency facility
20 May 2020

Metals and natural resources trader Traxys has closed a $1.287 billion multi-tranche, multi-currency facility. Signed on 5 May, the facility was sligh...

Metalloinvest secures credit line from IBEC
20 May 2020

Russian metals producer Metalloinvest closed a €40 million ($43.4 million) credit line from International Bank for Economic Co-operation (IBEC) o...

AAA Oils and Fats returns for term loan refi
12 May 2020

Singapore-based AAA Oils and Fats, a wholly-owned subsidiary of palm oil refiner Apical Group, is returning to the international debt market to refina...

Two new hires for Texel
11 May 2020

The Texel Group has expanded both its structured and bespoke solutions in-house legal teams with two new hires: Paul Petkov and Carrie Radford. P...

Puma Energy secures RCF
7 May 2020

Singapore headquartered Puma Energy closed a one-year $310.5 million RCF in late April. Proceeds will be used to refinance its existing one-year $350 ...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 TD Securities 6504m 1 21.2%
2 ING Bank 1988m 13 6.5%
3 Société Générale 1560m 7 5.1%
4 UniCredit 1486m 8 4.8%
5 Deutsche Bank 1028m 5 3.3%
6 Rabobank 973m 7 3.2%
7 Sumitomo Mitsui Banking Corporation (SMBC) 909m 4 3%
8 Bank of China 846m 3 2.8%
9 BNP Paribas 828m 5 2.7%
10 MUFG Bank 716m 6 2.3%

TXF Podcast

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Wasted Words
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