Trade Finance Corporation Ltd (TFC) has completed Trade Finance Corporation Ltd (TFC) has completed financing arrangements for another pine post transaction. Last December TFC together with UFJ Bank Hong Kong completed the financing for the production of pine post logs by Fazenda Jatoba of Brazil destined for European markets. Now TFC has completed a similar transaction for Jatoba relating to sales to US markets. Once again sales are via McCorry Timber of Kota Kinabalu in Sabah, Malaysia.
For this transaction TFC cooperated with Indover Bank (Asia) Ltd of Hong Kong. Once again the insurance adviser and broker was Trade Line Ltd of Hong Kong.
TFC is a Hong Kong-based arranger and facilitator of structured trade finance and project finance.