TXF in depth

Mercuria's Asian RCF: A close (margin) shave
Mercuria's Asian RCF: A close (margin) shave
Aife Howse
12 December 2019

Mercuria’s annual $1.2 billion Asian RCF closed last month. While the downsized deal and significant margin savings suggest the trader has a strong financial position, a continued drop in its oil trading business could spell a different fundraising story for 2020.

TXF Geneva: Qbera Capital on thinking outside the box
TXF Geneva: Qbera Capital on thinking outside the box
Aife Howse
20 November 2019

At the sidelines of TXF Geneva, TXF sat down with Amitji Odedra from Qbera Capital to discuss corporate appetite for diversification in funding, how the trade finance gap is creating opportunities for alternative funds and dabbling in the secondary trading market. 

TXF Originals

BB Energy closes annual RCF
15 October 2020

BB Energy has closed a $197.5 million revolving credit facility, split into a one-year $137.5 million tranche and a one-year $60 million tranche. Proc...

Mercuria returns to launch Asian RCF
23 September 2020

Mercuria has launched its annual Asian revolver at $980 million. The deal is expected to reach financial close in November, with the deadline for bank...

Mercuria to launch Asian RCF
8 September 2020

Mercuria is expected to launch its annual Asian RCF in the coming month, with banks reviewing the deal internally before the energy group sounds out a...

IDB Invest adds to infra and energy team
13 August 2020

Silvana Bianco has moved to IDB Invest’s infrastructure and energy team after a long career in commercial banking. Bianco joins the DFI fro...

New details on IDB's $1bn loan to Chilean power companies
21 July 2020

New details have emerged surrounding the size and beneficiaries of IDB Invest’s credit line for Chilean power companies which were impacted by l...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 4857m 11 7.4%
2 BNP Paribas 4734m 25 7.3%
3 Société Générale 3808m 24 5.8%
4 ING Bank 3785m 35 5.8%
5 MUFG Bank 2992m 21 4.6%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2594m 16 4%
7 Mizuho 2459m 16 3.8%
8 Crédit Agricole CIB 2451m 16 3.8%
9 HSBC 2019m 13 3.1%
10 Rabobank 2007m 23 3.1%

TXF Podcast

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The Hollies
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