European Bank for Reconstruction and Development

Transcription

1 European Bank for Reconstruction and Development 12 th ANNUAL SYNDICATIONS AND CO-FINANCIERS MEETING AT THE, TUESDAY 16 th MARCH 2010 The European Bank for Reconstruction and Development One Exchange Square London EC2A 2JN The Boardroom, 10 th Floor TIME TOPIC/PRESENTATION SPEAKER 8.00 Arrival/Registration/Breakfast OPENING ADDRESS AND INSTITUTIONAL PRIORITIES 9.00 The in 2010: Meeting the challenges of recovery The s response to the crisis to date The strategy and business plan for 2010: sectoral and regional priorities The challenge of building sound business in an uncertain environment The s financial performance and capital strength Manfred Schepers Vice President Finance DEBT AND LOAN MARKETS FOCUS 9.30 The s loan syndication activity and the role of official lenders in the crisis and the recovery The impact of the crisis on lending to the region The s syndicated loan activity: key sectors and regions The outlook Lorenz Jorgensen Head of Loan Syndications 1

2 10.00 DEBT MARKETS PANEL Debt markets in 2010: What does the future hold for CEE/CIS? What has been the key to success to deals that have been done in 2009, and will 2010 be any different? Will we see a gradual improvement, with new money deals, longer tenors, tighter pricing and relaxed covenants? Will financial institutions make a (significant) return to the market? Will banks begin to underwrite meaningfully again? Will borrowers accept that this comes at a cost? Will PXF continue to be the order of the day for the large commodities producers? What is holding back the development of a local bank syndicated loan market in countries such as Russia? Debt capital markets the better option for those who can access it? How far down the credit curve will investors go? Will we see any leveraged business? Lorenz Jorgensen Head of Loan Syndications Oliver Blount Head of Loan Capital Markets CEEME Helen Guillemot Head of Loan Syndication & Trading Russia & CIS Energy & Commodity Finance BNP Paribas Tengiz Kaladze Managing MDM Bank Penny Smith Head of DCM Origination EM Corporates Commerzbank Adrian Walker Credit Suisse Coffee break 2

3 FINANCIAL INSTITUTIONS FOCUS FINANCIAL INSTITUTIONS PANEL The s crisis package for financial institutions in the region The experiences of key financial institutions in the region in overcoming the crisis and positioning themselves for the recovery What will be the focus for the in FI in 2010? What are the key funding challenges for CEE and CIS banks in 2010? Are there more balance sheet surprises for banks in the region? How have the ambitions altered for the strategic financial investors in the region? Nick Tesseyman Managing, Financial Institutions Jean-Marc Peterschmitt, Financial Institutions EU and Ukraine Ingo Bleier Head of Strategic Solutions Group Investment Banking Erste Bank Tengiz Kaladze Managing MDM Bank Carlo Marini Head of Corporate CEE CEE Banking Division UniCredit Buffet Lunch 3

4 INFRASTRUCTURE, POWER AND ENERGY FOCUS 1.30 INFRASTRUCTURE, POWER AND ENERGY PANEL Project Finance in CEE/CIS/Turkey: will the mix of risks ever be right to attract financing for all that is needed? The s strategy in the infrastructure, power and energy sectors What are the ingredients for success in CEE? CIS: the final frontier? Is the East still Wild? What are the fundamentals to a successful structure in PPPs in the region: will Russia deliver those fundamentals? What does the market expect from the to promote the enabling environment? Kevin Bortz, Natural Resources and Extractive Industries Sue Barrett, Transport Constantin von Moltke Head of Project & Commodity Finance Loan Syndication, Financing & Advisory UniCredit Bank AG Annie McMahon Managing Structured Finance European Loan Syndication Societe Generale Han Wetzelaer Project and Trade Finance Loan Syndication SUSTAINABLE ENERGY FOCUS 2.30 The s Energy Efficiency and Sustainable Energy Initiative The s role in the energy efficiency and climate change agenda The Sustainable Energy Initiative meeting the needs of energy transition in the region An integrated approach to carbon emissions reduction and energy efficiency across all investments Terry McCallion, Energy Efficiency 3.00 Coffee break 4

5 ECONOMIC AND POLITICAL FOCUS 3.15 ECONOMIC AND POLITICAL PANEL The prognosis for a recovery who will enjoy the fruits of growth in 2010? Where does the hard work still have to be done? Will austerity measures be sufficient? Will a weak eurozone infect the CEE? BRICs and PIGS who is flying and who is not? W, V, L or U: what will the recovery look like in different countries and sectors? Which sectors and countries will show the first signs of recovery? The CEE/CIS region s economic progress: what are the internal versus external drivers? Is the region still a long-term buy, and why (or why not)? What is the future for foreign finance into the region? Jeromin Zettelmeyer for Policy Studies Office of the Chief Economist Arnab Das Managing Market Research and Strategy Roubini Global Economics Charles Robertson Head of Research for Emerging Europe, Middle East and Africa Benoit Anne Fixed Income Strategist Emerging Europe Emerging EMEA Economics Bank of America-Merrill Lynch 4.30 Closing remarks 4.45 Reception 5