TXF in depth

The shape of commodity ESG to come?
The shape of commodity ESG to come?
Oliver Gordon
29 April 2019

The credibility and policing of ESG-linked loans, which are currently enjoying growing popularity with commodity traders, could be markedly improved via the adoption of blockchain. But in the commodity space, that technological leap appears very distant – for now.

Olam: Finding the right blend of commodity finance
Olam: Finding the right blend of commodity finance
Eavie Burnett
3 April 2019

From the first sustainability-linked loan in Asia to the world’s first digital loan, Olam International's fundraising innovations in the agri-business sector are clear. Sujay Sarkar, regional CFO for West & Central Africa at Olam, discusses the commodity trader’s recent activities across Africa – and beyond.

TXF Indonesia: Competitive finance for Indonesian buyers
TXF Indonesia: Competitive finance for Indonesian buyers
Liss Boot-Handford
31 March 2019

UKEF and TXF teamed up to run a digital event for borrowers looking at entering the Indonesian market. We spoke to Richard Michael, Country Head - Indonesia, UK Export Finance on local currency financing available to overseas exporters looking to do business in Indonesia.

TXF in brief

TAG closes acquisition financing
21 June 2019

On 13 June 2019 French company Engie (58.5%) and Canadian fund Caisse de Depot et Placement du Quebec (31.5%) paid around BRL31.5 billion ($8.6 billio...

New Zealand wind farm to sound out banks
7 June 2019

Joint sponsors of a 16MW wind farm to power a hydrogen-production plant in New Zealand – Hiringa Energy and Ballance Agri-Nutrients – are ...

Auramet reprises 2018 RCF debut
5 June 2019

Metals trader and boutique financing house Auramet Trading and Auramet International have closed a $190 million one-year syndicated revolving credit f...

Lote joins Zenith Bank as head of international development
29 May 2019

Goretti Lote has joined Zenith Bank as head of international business development and will be based the bank's London office. Lote will report to ...

Sucafina signs $300m sustainability-linked refi
28 May 2019

Soft commodity trader Sucafina signed a $300 million sustainability-linked borrowing base facility this month. The deal refinances an 18-month borrowi...

TXF Data

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 BNP Paribas 3099m 18 7.9%
2 ING Bank 3058m 19 7.8%
3 Societe Generale 2808m 17 7.1%
4 MUFG Bank 2395m 12 6.1%
5 ABN AMRO 2091m 12 5.3%
6 Citi 1918m 8 4.9%
7 Natixis 1711m 17 4.3%
8 Mizuho 1559m 6 4%
9 Credit Agricole CIB 1156m 13 2.9%
10 Bank of America Merrill Lynch (BAML) 1041m 2 2.6%

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