TXF in depth

Russian corporates: Back with tight pricing and long tenors despite volatility
Russian corporates: Back with tight pricing and long tenors despite volatility
Aife Howse
21 April 2021

After a slow end to 2020, Russia's commodity-linked corporates have upped their syndicated loan market activity as ‘Covid premiums’ dissipate. And despite fresh US sanctions in recent weeks, Russian corporates are tapping attractively priced debt while pushing out the tenor envelope.

Sullivan: Financing receivables - structures and issues
Sullivan: Financing receivables - structures and issues
Aife Howse
13 April 2021

Sullivan partners Geoff Wynne and Sam Fowler-Holmes give an overview of receivables finance and explore issues around documentation and the ongoing Greensill fallout.

Export finance sector shines through
Export finance sector shines through
Jonathan Bell
8 April 2021

The export finance sector has remained robust and resilient throughout the pandemic. TXF’s Industry Report and the Deals of the Year 2020 demonstrate this clearly. But what is the sector outlook for 2021 and beyond?

TXF Originals

LTR event will discuss SMEs search for financing
4 May 2021

On Friday 7 May at 12.30 BST the London Trade Roundtable will be hosting a virtual panel discussion focusing on SMEs and the challenges of raising fin...

Finastra/Hubx partner to start lenders’ digital transformation
15 April 2021

UK fintechs Finastra and Hubx have teamed up to create a new syndicated loan tool that the companies claim completely digitises the bookrunning proces...

Akbank refi pricing widens
14 April 2021

Akbank is set for a pricing hike on its refinancing of the $603 million-equivalent loan it raised in April 2020. The new one-year trade finance on-len...

US Exim not exposed to Greensill Capital amid Freeport LNG deal
25 March 2021

US Exim has confirmed it has no exposure to collapsed firm Greensill Capital just three months after the ECA announced it had signed off on an enhance...

Frank Wu joins CACIB as head of ITB China
22 March 2021

Frank Wu has joined Credit Agricole CIB (CACIB) as managing director, head of International Transaction Banking (ITB) China. He is based in Shanghai.A...

TXF Data

Commodity Trade Finance Lender 2020

Bank USDm No %
1 ING Bank 6455m 71 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