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Trade Finance Corporation Ltd (TFC) has arranged letter of credit lines and railway bill financing for Trayton Timber.

 

The company is a trader of timber from West Africa and Siberian Russia to Asian markets. Trayton Timber is a subsidiary of Trayton Holdings, a vehicle owned by Danish entrepreneur Simon Lichtenberg.


Last month TFC announced the arrangement of a pre-export finance credit facility for Shanghai Trayton Furniture, another group subsidiary. The arrangement for Trayton Timber covers purchases of logs and the transportation period to buyers.


The letter of credit facility and financing is provided by a European bank’s branch in Beijing.


TFC is a Hong Kong-based arranger and facilitator of structured trade finance and project finance.