TXF in depth

Perfect Deals of the Year 2019: Commodity finance
Perfect Deals of the Year 2019: Commodity finance
Aife Howse
28 May 2020

It’s time to celebrate commodity finance excellence, as last year’s most outstanding, unique and influential deals, which cover a range of sectors and regions, have been named by TXF.

Impact assessment: Covid-19 and the natural world
Impact assessment: Covid-19 and the natural world
Tom Dunn
21 May 2020

In the third of a series of insights on the impact of Covid-19 on the global economy, Orbian CEO Tom Dunn interviews Huw Cordey, acclaimed natural history film producer, to find out how the natural world is being affected by the pandemic.

Live webinar: Recovering defaulted credit insured trade receivables and export credits in MENA
Live webinar: Recovering defaulted credit insured trade receivables and export credits in MENA
Max Thompson
20 May 2020

Thursday 21 May | 11:00 BST | 14:00 GST When obligors in remote countries miss payments, speed and local knowledge are essential in recovering defaulted funds. In this webinar we will explore the avenues available for amicable, arbitrated and judicial recovery for export credit insured transactions in MENA

TXF Originals

Cocobod's annual revolver faces uptick in margin
9 July 2020

Ghana Cocoa Board (Cocobod) is in the market to refinance its annual revolving credit facility. The one-year $1.3 billion loan, which closed last Sept...

Brazil's Tereos Group signs debut ESG-tied loan
7 July 2020

Brazil’s Tereos Group via subsidiary Tereos Acucar & Energia Brasil signed a $105 million sustainability-linked export pre-payment financing...

Gonzalez promoted to SMBC's LatAm project finance head
2 July 2020

David Gonzalez was promoted to SMBC’s head of project finance to Latin America, overseeing teams in natural resources, power and renewables and ...

Calidda out to market for gas distribution business in Peru
1 July 2020

Gas Natural de Lima y Callao (Calidda) is out to market to back the expansions of its gas distribution business in Peru. Calidda is eyeing up around u...

PV Gas seals offshore loan after delays
29 June 2020

PetroVietnam Gas Joint Stock Corp (PV Gas) has sealed an offshore loan that closed syndication in late 2019, after the long borrowing registration pro...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 TD Securities 6504m 1 11.5%
2 Société Générale 3493m 17 6.2%
3 BNP Paribas 2831m 16 5%
4 ING Bank 2633m 22 4.7%
5 MUFG Bank 2630m 15 4.7%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2510m 12 4.4%
7 Credit Agricole CIB 2287m 13 4.1%
8 Mizuho 2091m 10 3.7%
9 Citi 1984m 9 3.5%
10 HSBC 1769m 11 3.1%

TXF Podcast

Song of the day

The Magic Numbers
Mornings eleven
Listen on TXFunky