TXF in depth

Greensill: What we know - and what we don’t
Greensill: What we know - and what we don’t
Max Thompson
9 March 2021

TXF takes a first look at the great imponderables that have been raised by the fomenting Greensill Capital saga. What do and don’t we know, what are we only able to question and where is further transparency needed? The industry is going to need to step up, and soon.

Women in commodities: A work in progress
Women in commodities: A work in progress
Aife Howse
9 March 2021

In honour of International Women’s Day on Monday, TXF takes a look at how gender imbalance within the commodity finance industry is being challenged, from bank diversity strategies to the possibility of integrating diversity into financing structures.

Sullivan: Structuring financings using physical commodities
Sullivan: Structuring financings using physical commodities
Aife Howse
1 March 2021

Simon Cook, partner at Sullivan, presents on the issues and some potential solutions for structuring financings using physical commodities and the documents representing them.

TXF Originals

Danish Agro taps Schuldschein market with €125m issue
6 April 2021

Cooperative farming supply company Danish Agro has issued a €125 million ($148 million) Schuldschein placement, split into three, five and seven-...

Uralkali out to banks for first ever ESG-tied PXF
1 April 2021

Russian fertiliser producer Uralkali is out to banks for its first ever ESG-tied loan, with commitments due at the end of April.According to a banker ...

US Exim not exposed to Greensill Capital amid Freeport LNG deal
25 March 2021

US Exim has confirmed it has no exposure to collapsed firm Greensill Capital just three months after the ECA announced it had signed off on an enhance...

Formosa Plastics out to banks for Australian iron ore project
23 March 2021

Taiwan-based Formosa Plastics Corp is out to banks for two loans totalling $930 million to back an iron ore mining project in Australia. RFPs were lau...

Frank Wu joins CACIB as head of ITB China
22 March 2021

Frank Wu has joined Credit Agricole CIB (CACIB) as managing director, head of International Transaction Banking (ITB) China. He is based in Shanghai.A...

TXF Data

Commodity Trade Finance Lender 2020

Bank USDm No %
1 ING Bank 6484m 72 5.6%
2 Société Générale 6018m 57 5.2%
3 BNP Paribas 5299m 44 4.6%
4 JP Morgan 5045m 15 4.4%
5 Sumitomo Mitsui Banking Corporation (SMBC) 4490m 29 3.9%
6 MUFG Bank 4456m 37 3.9%
7 Crédit Agricole CIB 4266m 37 3.7%
8 Mizuho 3745m 29 3.2%
9 Natixis 3579m 45 3.1%
10 Rabobank 3487m 47 3%

TXF Podcast