TXF in depth

Shop talk: Ashurst keeps cool as corporate debt restructuring heats up
Shop talk: Ashurst keeps cool as corporate debt restructuring heats up
Aife Howse
17 March 2020

During a volatile time for global trade and the commodities market amid the coronavirus pandemic, TXF spoke to Jean Woo, partner at Ashurst in Singapore, to discuss how the law firm is staying abreast of the legal requirements facing its corporate clients as many of them look to restructure their debt.

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-...

Kernel extends $300m PXF
26 February 2021

Ukrainian sunflower seed and oil exporter Kernel has secured an extension on its $300 million PXF, which now has tranches maturing in August 2022 and ...

Viterra closes $300m Asian RCF
6 January 2021

Viterra, previously known as Glencore Agri, reached financial close on its one-year $300 million revolver on 16 December 2020. The deal marks the comp...

Glencore Agri out to banks for $300m syndicated loan
9 November 2020

Glencore Agri is tapping into the Asian loan market for the first time to raise a $300 million facility for general working capital purposes. Banks co...

Wilmar closes $200m Sora-linked loan
3 September 2020

Singaporean agribusiness Wilmar closed a $200 million bilateral loan from DBS on 27 August. The deal marks the first corporate loan to be pegged to th...

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