TXF in depth

Stuck in the great oil game!
Stuck in the great oil game!
Jonathan Bell
13 May 2020

The oversupply of crude oil coupled with the massive fall in demand due to Covid-19 has led historically low prices. What is the impact of this and who are the winners and losers? Jonathan Bell delves into the well to explore the scene.

Keynote: Chameleon KDB – when a DFI is not a DFI
Keynote: Chameleon KDB – when a DFI is not a DFI
Katharine Morton
26 March 2020

Adolfo Dindo Abueg, co-head of project finance, Asia Pacific at Korea Development Bank discusses life when your development bank is a development bank only in Korea, and elsewhere it’s a full blood commercial bank. Abueg shares how the bank operates, and his optimism in spite of Coronavirus.

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

Leviathan pricing guidance issued
31 July 2020

Pricing guidance is out on the $2.25 billion Leviathan bond, proceeds from which will take out the $1.75 four-year construction financing Delek Drilli...

Leviathan Bond on roadshow
29 July 2020

Delek Drilling is out to market with a proposed $2.25 billion bond issue, proceeds from which will take out the $1.75 four-year construction financing...

Trafi's annual RCF prices in line with previous year
24 July 2020

Trafigura is out to market for its annual revolving credit facility (RCF), with bank commitments due by 28 August. However, some banks have dropped ou...

Gunvor SA closes on RCF refinancing
22 July 2020

Gunvor SA has signed a $680 million 364-day uncommitted off balance sheet instrument (OBSI) revolving credit on behalf of some of its subsidiaries. In...

More details surface on Mozambique LNG
22 July 2020

More details have emerged about the $14.9 billion of senior debt recently signed for the $20 billion Mozambique LNG project.Sponsored by Total (26.5%)...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 4857m 11 7.8%
2 BNP Paribas 4662m 24 7.5%
3 Société Générale 3670m 21 5.9%
4 ING Bank 3181m 30 5.1%
5 MUFG Bank 2837m 18 4.6%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2517m 15 4%
7 Credit Agricole CIB 2444m 15 3.9%
8 Mizuho 2405m 15 3.9%
9 HSBC 2019m 13 3.2%
10 UniCredit 1868m 13 3%

TXF Podcast

Song of the day

Blur
The Universal
Listen on TXFunky