Introduction to Infrastructure Financing Capabilities February 28, 2016
|
|
- Lawrence Hampton
- 6 years ago
- Views:
Transcription
1 Introduction to Infrastructure Financing Capabilities February 28, 2016
2 EXIM TOOLS for EXPORTERS Export Credit Insurance Credit, protect against buyer nonpayment, and improve cash flow o Minimize political and commercial risks of buyer nonpayment (up to 95 percent) o Allow open account credit terms to customers (up to 360 days) Working Capital Guarantees Credit lines for small and medium-sized sub-contractors/suppliers for WC to fulfill export orders and establish bid or performance bonds o Converts international A/R, WIP and inventory into eligible collateral for loans Supply Chain Finance Payables financing program to enhance Supplier relationships o Leverages Exporter s credit capacity to accelerate cash flow for Suppliers Term Financing Customer Sales Finance (Buyer Credits) o Corporate Credits and Bank or Sovereign supported loan programs o Structured Finance and Limited Recourse Project Finance 2
3 BENEFITS of EXIM BANK INVOLVEMENT Capacity - Rated Best Capacity in TFX Survey of all major ECAs - No maximum country limits or deal size limits Best Practices - Validates project s application of international best practices in financial structuring, documentation, and environmental and social impact standards funding options, including commercial banks, PEFCO, and capital markets issues Direct Fixed-Rate Lending - Direct Loans at fixedrate CIRR* based on US Treasury index Industry Expertise Long experience in the business-critical points in deal structuring ensures timely and efficient completion 3 Guaranteed Loans - Comprehensive coverage for 100% of political and commercial risk, with multiple * CIRR as of : Long Term Financing for up to 10 years at 3.23% Project Finance for up to 14 years at 3.50%
4 4 GENERAL PROGRAM REQUIREMENTS
5 EXIM FUNDING OPTIONS G teed Lender Guarantee Cap Mkts Direct Loan(s) Agent Bank Guaranteed Loan(s) Notes Issue(s) Agent Services Guarantee PSOR PSOR PSOR Direct Loan Guaranteed Loan Capital Markets 5
6 EXIM GUARANTEED NOTES Issuers have achieved pricing below CIRR $25 billion issued to date via 160 separate offerings a well established market Direct access to USD capital markets Exempt securities require no SEC registration Borrower achieves visibility as capital markets issuer, but with limited disclosure requirement High quality Ex-Im guarantee and standardized format facilitate execution no need for investor roadshow Applicable to major procurement programs and project finance transactions with differing maturities 6
7 EXIM GUARANTEED NOTES Disclosure - Requires no description of the underlying project, and no description of the Borrower s business or finances but provides full visibility to Borrower as issuer in the capital markets Ratings - reflect the USG full faith and credit standing of EXIM Bank s guarantee Funding - Offers flexibility to fund via Reimbursement, takeout of Bridge Loan, or Pre-funding structures Currency G teed Notes have been denominated in USD, Yen and Euro 7
8 STRUCTURED & PROJECT FINANCE Typical Terms under OECD Guidelines 8
9 NOTIONAL AUTHORIZATION TIMELINE - PF Process for Limited Recourse PF Transactions Week Letter of Interest Application (optional) Application for Final Commitment Assignment of SFD Project Team Advisors and Counsel Retained Phase I Fatal Flaw Analysis Preliminary Project Letter (if required) Due Diligence Resolution of Key Terms Internal TRC Briefings Preparation of Board Memo Board Briefing and Initial Action Congressional Notice Period Final Board Action Documentation Process Satisfaction of Conditions Precedent Letter of Interest Application* Preliminary Project Letter* Congressional Notice Period Formal Application Received Due Diligence and Resolution of Key Terms Final Board Action Assignment of SFD Project Team Internal Briefing to TRC Documentation Process Advisors and Counsel Retained Preparation of Board Memo Satisfaction of Conditions Precedent Phase I Fatal Flaw Analysis Board Briefing and Initial Action Initial Disbursements *Optional 15
10 FINANCING for PURCHASES OF US-PROVIDED SERVICES A substantial portion of SFD business is driven by engineering service providers and contractors being asked to provide tied financing proposals EXIM Bank supports services exports across a full range of sectors, led by Engineering & Consulting, Oil & Gas and Mining EXIM Bank can cover consulting, design, engineering, project management, and other services performed by US employees Coverage for other eligible services can include technology transfers, licensing, royalties, etc. Since 2010, the aggregate amount of Services financed by EXIM Bank totaled $19.25 billion 10
11 SPECIAL PRODUCTS: SERVICES The Engineering Multiplier Program for Engineer/Contractor: Business Development tool Multiplier Effect Supports early stage contracts with potential to generate larger follow-on contracts during project implementation phases for Project Sponsor/Developer: Interim Financing Tool Funding before FID Financing for project s upfront development costs - with minimal cash outlay; facilitates progress toward FID and project contracts Coverage - Buyer financing for US contracts during project development phase, including feasibility studies, exploration and mapping, and other design, engineering, and architect services, plus additional support for up to 30% of US contract price to cover related local costs Terms initially, 5 year tenor with no repayments until after completion of services, along with the potential to roll over (re-finance and extend) into the longer term project financing 11
12 SECTOR EXPERTISE AIRPORTS AND INFRASTRUCTURE Airports: Quito, Ecuador airport ($64 million - project finance) Grupo Aeroportuario del Centro Norte (OMA) ($24 million, Mexico, fire trucks, baggage handling equipment and security inspection systems) Air Traffic Mgmt/Air Traffic Control: Albcontrol/NATA ($48 million, Albania, highly structured public sector, non-sovereign) Georgia ATC ($16.7 million, Georgia s State Enterprise Sakaeronavigatsia, structured public sector, TDA-feasibility study supported) 12
13 2015 Export-Import Bank of the United States
Project Capital Solutions. Supporting the American Trade & Finance Company (ATRAFIN)
Project Capital Solutions Supporting the American Trade & Finance Company (ATRAFIN) Objective of the Program BRIEF FRAMEWORK OF THE MICRO-GRID LEASING PROGRAM The American Trade & Finance Company (ATRAFIN)
More informationExport Financing Solutions With The Export-Import Bank. Mobile Area Chamber of Commerce August 11, 2016
Export Financing Solutions With The Export-Import Bank Mobile Area Chamber of Commerce August 11, 2016 1 What is the EXPORT-IMPORT BANK EXIM Bank is an independent agency of the U.S. Government Established
More informationExport, Mitigate Risks, Get Paid
Export, Mitigate Risks, Get Paid Pre-export Finance Solutions for Small, Medium-Sized Enterprises William Laraque Country Eligibility Support provided for countries in accordance with Eximbank s Country
More informationEXIM Bank Trade Finance Solutions for Export Success! Mexican Geothermal Market Opportunities Workshop April 4, 2017
EXIM Bank Trade Finance Solutions for Export Success! Mexican Geothermal Market Opportunities Workshop April 4, 2017 Export-Import Bank of the U.S. EXIM Bank is the official Export Credit Agency (ECA)
More informationFinancing Renewable Energy & Water Projects in the Caribbean
Financing Renewable Energy & Water Projects in the Caribbean Craig O Connor Director of Business Development, Environmental Exports June 7, 2017 Ex-Im Bank: Overview Independent agency of the U.S. government
More informationSession: For more information:
Session: For more information: www.hydropower.org/congress 2015 World Hydropower Congress: Project and Financial Structuring China Eximbank 2015.5.21 Content Section 1: About China Eximbank Section 2:
More informationExport Financing Opportunities
Financing Resources for Overseas Energy Projects Export Financing Opportunities #ConnWeek Annie Pan / Edward Tang November 24 25, 2011 ConnectivityWeek 2011 Environmental Technologies Export $35.7 Billion
More informationCommerzbank AG Export & Agency Finance. GM-C Brand Management Frankfurt am Main/März 2016
Commerzbank AG Export & Agency Finance GM-C Brand Management Frankfurt am Main/März 2016 0 Commerzbank at a Glance Commerzbank was founded as Commerz- und Discontobank in Hamburg in 1870 Commerzbank s
More informationEXIM Bank Trade Financing Solutions for Export Success!
EXIM Bank Trade Financing Solutions for Export Success! 2017 NAITA International Trade Leadership Series August 24, 2017 Who Is EximBank What Do They Do Photo / Graphic Photo / Graphic EXIM Bank is an
More informationIncreasing Your Export Sales While Minimizing Your Risks
EXPORT-IMPORT BANK of the UNITED STATES Jobs Through Exports Increasing Your Export Sales While Minimizing Your Risks Discover how to Enter New Markets with Confidence and Increase Sales in Existing Ones!
More informationAeronautical Repair Station Association Symposium
SBA s Office of International Trade Aeronautical Repair Station Association Symposium We re From Washington and We re Here to Help! Arlington, VA March 16, 2017 Dennis R. Chrisbaum Director, International
More informationHSBC BRT team October Suggested structures for financing South African Cities' BRTs
HSBC BRT team October 2012 Suggested structures for financing South African Cities' BRTs Does your City want to own its Buses? DOES CITY WANT TO OWN BUSES? Yes No Go to DoT for PTIS Funds Resolve Issues
More informationDoing Business in Africa Governors State University
Doing Business in Africa Governors State University Benjamin S. Todd Senior Business Development Officer, Africa March 11, 2016 EXIM Bank has been around since 1934 Official export credit agency of the
More informationFinancial Support for Polish Companies: Export and Expansion
Financial Support for Polish Companies: Export and Expansion Warsaw, 2017 Financial Support for Polish Companies: Export and expansion BGK and PFR TFI support BGK s strategic role is to organise a financial
More informationOutlook for Mining Projects
Outlook for Mining Projects John R. Craynon, PhD, PE Senior Mining Engineer VMA Market Outlook Workshop August 3-4, 2017 Disclaimer This presentation, particularly the comments about the domestic mining
More informationSyndication Loan Presentation Part II (Legal Aspect) by Melati Siregar and Md. Kadri
Syndication Loan Presentation Part II (Legal Aspect) by Melati Siregar and Md. Kadri I. Overall Process Before the syndication is formed: 1. Debtor candidate contacts the arranger and apply credit proposal
More informationPre-Export Financing. Main Title of Presentation. Working Capital Guarantee Program. Name of Presenter. Sub-heading. Title of Presenter.
Main Title of Presentation Sub-heading Name of Presenter Title of Presenter Date Pre-Export Financing Working Capital Guarantee Program Thank you for joining us, the Webinar will begin shortly While you
More informationForeign Exchange Policy Department Bangladesh Bank Head Office Dhaka
Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka www.bb.org.bd FE Circular No.-02 Date: January 14, 2016 All Authorized Dealers of Foreign Exchange in Bangladesh Dear Sirs, Green Transformation
More informationCo-financing with Mexican Pension Funds
Co-financing with Mexican Pension Funds Board of Directors Meeting Hermosillo, Sonora June 15, 2017 Introduction NADB-BECC Charter Pension System Law NADB shall fulfill the following functions: a) promote
More informationTeresita F. Solitaria. Assistant Vice-President, United Coconut Planters Bank Philippines
Teresita F. Solitaria Assistant Vice-President, United Coconut Planters Bank Philippines Established in 1963 Offers a full range of expanded commercial banking services including corporate loans As of
More informationYanino Waste Processing Plant City of St. Petersburg
Yanino Waste Processing Plant City of St. Petersburg Project Briefing 26 October 2009 Page 1 Table of Contents Sections 1. Executive Summary. 3 2. Waste Processing Industry in St. Petersburg.....4 3. Project
More informationOutlook for Mining Projects
Outlook for Mining Projects John R. Craynon, PhD, PE Senior Mining Engineer VMA Market Outlook Workshop August 3-4, 2017 Disclaimer This presentation, particularly the comments about the domestic mining
More informationExport-Import Bank: Overview and Reauthorization Issues
Export-Import Bank: Overview and Reauthorization Issues Shayerah Ilias Akhtar Specialist in International Trade and Finance June 30, 2014 Congressional Research Service 7-5700 www.crs.gov R43581 Summary
More informationUK Export Finance Support for Projects in Africa. Andrew Barton Senior Manager Financial Markets Unit
UK Export Finance Support for Projects in Africa Andrew Barton Senior Manager Financial Markets Unit Background 2 UK Export Finance (UKEF) is the operating name of Export Credits Guarantee Department (ECGD)
More informationDeveloping Opportunities with Korea Eximbank (KEXIM) June, 2011
Developing Opportunities with Korea Eximbank (KEXIM) June, 2011 October 8, 2013 Table of Contents SECTION 1 KEXIM at a Glance 3 SECTION 2 Finance Solutions 12 SECTION 3 Infrastructure Finance 21 SECTION
More informationSUPPORTING U.S. TRADE AND GROWTH THROUGH FUNDING EXPORTS
SUPPORTING U.S. TRADE AND GROWTH THROUGH FUNDING EXPORTS P R I V A T E E X P O R T F U N D I N G C O R P O R A T I O N A N N U A L R E P O R T 2 0 1 6 PRIVATE EXPORT FUNDING CORPORATION ANNUAL REPORT 2016
More informationFirst Quarter 2014 Interim Unaudited Condensed Consolidated Financial Statements and Notes
First Quarter 2014 Interim Unaudited May 15, 2014 CONSOLIDATED STATEMENT OF FINANCIAL POSITION Unaudited March 31, (Canadian dollars in millions) 2014 ASSETS Current December 31, 2013 Cash and cash equivalents
More informationProject Finance An Overview
Project Finance An Overview KAMAL TAK ICAI, Navi Mumbai Chapter December 16, 2012 1 Project Finance An Overview What is Project Financing? How is it different? How are Projects developed? Various Project
More information6. Chapter 1 Question TF #6 A firm makes investments to obtain productive capacity to carry out its business activities.
1. Chapter 1 Question TF #1 The managers of a business prepare financial statements to present meaningful information about that business s activities to external users, *a. True b. False 2. Chapter 1
More informationrenewables Made in Germany Initiative
renewables Made in Germany Initiative Renewable Energy Sector Indonesia Financing Opportunities and Risk Mitigation Jakarta, November 3rd, 2015 Project Finance International: Dr. Joachim Richter PFI Corporate
More informationEXPORT-IMPORT BANK of the UNITED STATES. Financing Opportunity Worldwide
Methane to Markets Ministerial EXPORT-IMPORT BANK of the UNITED STATES Meeting Financing Opportunity Worldwide Washington DC November 15-17 Who We Are What We Do Who We Are What We Do Ex-Im Bank is an
More informationBuilding U.S.-Turkish Business Partnership: Trade & Project Financing Resources for Turkish Companies
Building U.S.-Turkish Business Partnership: Trade & Project Financing Resources for Turkish Companies EXPORT-IMPORT BANK of the UNITED STATES Jobs Through Exports B. Sant Angelo - Senior Business Development
More informationMBF1223 Financial Management Prepared by Dr Khairul Anuar
MBF1223 Financial Management Prepared by Dr Khairul Anuar L3 Project Financing www.mba638.wordpress.com Objectives To understand what project financing is and what steps are involved in securing and managing
More informationFINANCING YOUR BUYER FOR THE IMPORT OF U.S. CAPITAL GOODS.
FINANCING YOUR BUYER FOR THE IMPORT OF U.S. CAPITAL GOODS. FINANCING YOUR BUYER FOR THE IMPORT OF U.S. CAPITAL GOODS. International sales of high-value capital goods usually require medium- or long-term
More informationGuidelines for application for export credit guarantee - Financial Institution
Guidelines for application for export credit guarantee - Financial Institution GENERAL INFORMATION Re item 1 & 2: Application deadline The application for a guarantee must be received by EKF before the
More informationOPERATIONAL POLICY ON FINANCING
OPERATIONAL POLICY ON FINANCING January 2016 (updated March 21, 2017) I. PURPOSE; CONTENTS 1.1. Purpose. The purpose of this Operational Policy on Financing (Policy) is to set out the Bank s policy on
More informationA PPE N D IX A: M A N A GE M E N T RESP O N SE A N D OIG EV ALU A TIO N
EX PO R T-IM PO RT BA N K - O FFICE OF IN SPEC TO R G EN ER A L A PPE N D IX A: M A N A GE M E N T RESP O N SE A N D OIG EV ALU A TIO N E x p o r t -I m p o r t B a n k o f t he U n it e d S t a t e s
More informationFinancing your Investment in Mexico
Financing your Investment in Mexico Energía Fotovoltaica: El Potencial de la Colaboración Mexicano-Alemana Dr. Stefan Blum, Representative, DEG Mexico Office México D.F., 10 September 2013 Mitigating your
More informationLevelizing Expectations
Levelizing Expectations Sungwoo Kim Regional Head of Climate Change & Sustainability in Asia Pacific, KPMG Table of Contents Global shift of investors [ 03 ] Major risks concerned [ 11 ] How to meet investors
More informationExport-Import Bank: Overview and Reauthorization Issues
Export-Import Bank: Overview and Reauthorization Issues Shayerah Ilias Akhtar Specialist in International Trade and Finance June 3, 2014 Congressional Research Service 7-5700 www.crs.gov R43581 Summary
More informationTrade Finance Instruments TRADE FINANCE INSTRUMENTS. Trade Finance Instruments EEB - 1 -
TRADE FINANCE INSTRUMENTS - 1 - Document Revision History Revision Date By Author Remarks 1 12/1/2017 Graham Bright Initial version created 2 3 1. 2. Contents About Us... 3 About Trade Finance... 4 What
More informationSBA Export Financing. Grow your exports with financing
SBA Export Financing Grow your exports with financing Small Business Who are you calling small? Defined at 13 C.F.R. 121 (Explained at SBA.gov) Industry Code (NAICS) Size Standards (examples) Manufacturing
More informationFinancing Development through Financial Institutions
Financing Development through Financial Institutions Black Sea Business Day Chisinau 18 June, 2007 Presented by Alkis Drakinos, Principal banker, Financial Institutions Today s presentation Team/Speaker
More informationEstablishment of the Leading Asia s Private Sector Infrastructure Fund
March 2016 Establishment of the Leading Asia s Private Sector Infrastructure Fund This document is being disclosed to the public prior to Board consideration in accordance with ADB s Public Communications
More informationInternational Trade Club Meeting. 9th July Winning Export Orders with an ECGD supported Buyer Finance Option
International Trade Club Meeting 9th July 2009 Winning Export Orders with an ECGD supported Buyer Finance Option A member of the Northstar Group of Companies Sovereign Star Trade Finance Limited Sovereign
More informationAIRPORT BOTS/ CONCESSIONS CHECKLIST OF LEGAL AND REGULATORY ISSUES
AIRPORT BOTS/ CONCESSIONS CHECKLIST OF LEGAL AND REGULATORY ISSUES The list below highlights the key legal issues that need to be considered in relation to Airport Concessions (assuming single site airport
More informationWhat is a Municipal Bond? General Session: Basic Structure & Documentation & Financial Aspects of Municipal Bonds. Why Are We Here?
General Session: Basic Structure & Documentation & Financial Aspects of Municipal Bonds Why Are We Here? To understand the basic elements, financial aspects and law relating to the issuance of municipal
More informationBUSINESS SUCCESSION PLANNING Don t throw your business under the bus, if you get hit by one
BUSINESS SUCCESSION PLANNING Don t throw your business under the bus, if you get hit by one Presented by: Mike Gracik, CPA Managing Partner, Keiter Business Succession & Exit Planning Overview What is
More informationPROVIDING KEY READY SOLUTIONS Telephone: PROJECT FINANCING SOLUTIONS FROM NORWAY
PROVIDING KEY READY SOLUTIONS Telephone: + 47 9013 2494 Email: post@keyreadysolutions.com PROJECT FINANCING SOLUTIONS FROM NORWAY 1. Introductions 2. Application process 3. Loan requirements 4. Key terms
More informationAccrued Interest A currently unpaid amount of interest that has accumulated since the last payment on a bond or other fixed-income security.
Accrued Interest A currently unpaid amount of interest that has accumulated since the last payment on a bond or other fixed-income security. Ad Valorem Tax Translated as according to value, it is a levy
More informationINFORMATION HANDBOOK
Guidelines for Submitting Project Proposals under ECONOMIC AND INFRASTRUCTURE WINDOWS INFORMATION HANDBOOK SAARC Development Fund Page 1 1. Introduction SAARC Development Fund (SDF) was established in
More informationPPP in Airport Infrastructure Business
PPP in Airport Infrastructure Business British council Seminar on Public Private Partnerships Damascus, Syria - 31 October 2009 Jacques FOLLAIN Managing Director 1 PPP in Airport Infrastructure Business
More informationU.S. MUNICIPAL NEW ISSUES
U.S. MUNICIPAL NEW ISSUES 1966 to present TRANSACTIONS 303,540+ Official statements, news sources, trade publications, proprietary surveys and information from investment banks and other market participants
More informationMINING FORUM BANKING SOLUTIONS FOR MINING. Citibank Cameroun S.A.
MINING FORUM BANKING SOLUTIONS FOR MINING Citibank Cameroun S.A. Yaoundé, May 27 th -28 th 2009 By Alain-Thierry MBONGUE,Resident Vice-President Directeur Agence de Yaounde Agenda Citi at a glance Mining
More informationSBA Loan Programs to Support Small Business Exporters
Federal & State Trade Development International Trade Finance International Affairs Trade Agreements Bill Houck Regional Manager March 28 th, 2018 NASBITE International 31 st Annual Conference SBA Loan
More informationPRESS RELEASE BNP Paribas maintains its leading position in the Aviation Finance industry throughout 2012
Paris, 20 February 2013 PRESS RELEASE BNP Paribas maintains its leading position in the Aviation Finance industry throughout 2012 In 2012 BNP Paribas confirmed its leading position in Aviation Finance
More informationGLOBAL FUNDING BROCHURE
GLOBAL FUNDING BROCHURE Edition 9 January 2014 A Few Sample Options of Funding & Equity Investment For Projects Across the GLOBE INTRODUCTION Who Are We and What Do We Do!! We are not the Funders. - We
More informationDerivatives Use Policy. Updated and Approved by the Board of Trustees November 13, 2014
Derivatives Use Policy Updated and Approved by the Board of Trustees November 13, 2014 Originated July 22, 2010 Table of Contents 1. STATEMENT OF PURPOSE... 1 2. SUBORDINATE POLICIES... 1 3. AUTHORIZATIONS...
More informationNigeria Infrastructure Building Conference 2014
Nigeria Infrastructure Building Conference 2014 May 2011 Project Finance as a viable option for financing Infrastructure Projects P R E P A R E D B Y: Helen Brume Divisional Head, Power, Infrastructure
More informationWest Virginia Housing Development Fund. Debt Management Policy
West Virginia Housing Development Fund Debt Management Policy Approved December 21, 2017 Table of Contents Debt Management Policy... 1 Variable Rate Debt and Interest Rate Swap Management Plan... 5 Variable
More informationRevenue for the aerospace and defense industry
Revenue for the aerospace and defense industry The new standard s effective date is coming. US GAAP December 2016 kpmg.com/us/frn b Revenue for the aerospace and defense industry Revenue viewed through
More informationCHAPTER Committee Substitute for Senate Bill No. 124
CHAPTER 2016-153 Committee Substitute for Senate Bill No. 124 An act relating to public-private partnerships; transferring, renumbering, and amending s. 287.05712, F.S.; revising definitions; deleting
More informationDeveloping Opportunities with Korea Eximbank (KEXIM)
Developing Opportunities with Korea Eximbank (KEXIM) June, 2011 August 6, 2013 Disclaimer This presentation has been produced by The Export-Import Bank of Korea ( KEXIM ) solely for information purposes.
More informationCommercial Real. Estate. CMBS Conduit. Loan. Program. Retail Medical Office Industrial Warehouse Hotel Apartment Mixed-Use Self-Storage
Commercial Real Estate CMBS Conduit Loan Program Retail Medical Office Industrial Warehouse Hotel Apartment Mixed-Use Self-Storage City Capital Realty Shawn Rabban 310-714-5616 shawnrabban@yahoo.com CAL
More informationInvesco Global Infrastructure Fund Quarterly Schedule of Portfolio Holdings July 31, 2017
Quarterly Schedule of Portfolio Holdings July 31, 2017 invesco.com/us GBLI-QTR-1 07/17 Invesco Advisers, Inc. Schedule of Investments July 31, 2017 (Unaudited) Shares Value Common Stocks & Other Equity
More informationIBI Group 2015 Third-Quarter Management Discussion and Analysis
IBI Group 2015 Third-Quarter Management Discussion and Analysis THREE MONTHS ENDED JUNE 30, 2015 IBI Group Inc. Management discussion and analysis For the three and nine months September 30, 2015 The following
More informationFuture Flow Financings
Future Flow Financing Forum International Finance Corporation, World Bank Group Washington, DC April 9, 2009 Jim Patti Partner 312 701 8476 cell: 773 619 4540 jpatti@mayerbrown.com Mayer Brown is a global
More informationThe Transportation Partnership Opportunity Fund
The Commonwealth of Virginia The Transportation Partnership Opportunity Fund Assistance Application September 2005 THE COMMONWEALTH OF VIRGINIA All applicants must complete Sections 1 and 2. Private entities
More informationEXIM Bank Export Credit Solutions for Exporters and US-based Service Providers. ASA Annual Conference July 11, 2017
EXIM Bank Export Credit Solutions for Exporters and US-based Service Providers ASA Annual Conference July 11, 2017 TOP 10 STATES: AIRCRAFT PARTS, 2014-2017 2017 ranks Aircraft parts YTD 2017 (Jan-April)
More informationPublic-Private Partnership (PPP) Contracts
25 29 June 2018 London / United Kingdom Introduction A key motivation for governments considering public-private partnerships (PPPs) is the possibility of bringing in new sources of financing for funding
More informationSingle Purpose. Global Scope Annual Report
Single Purpose. Global Scope. 2009 Annual Report Table of Contents: Chairman s Letter 2 Business Year in Review 6 Summary of PEFCO s Business 9 PEFCO s Relationship with Ex-Im Bank 17 Management s Discussion
More informationSynovus Bank Export Financing Solutions Through SBA INTERNAL USE ONLY
Synovus Bank Export Financing Solutions Through SBA South Carolina Export Activity For four consecutive years, South Carolina exports have increased. According to the U.S. Census Bureau, South Carolina
More informationIPP Project Development
IPP Project Development AFRICA UTILITY WEEK CONFERENCE Yesufu Longe Alonge Head, Power Procurement & Power Contracts And Dr. Nnaemeka Ewelukwa General Counsel & Company Secretary May 13, 2013 1 Outline
More informationRevolving Loan Program Manual Community Development Block Grant April 2001
VILLAGE OF LITTLE CHUTE Revolving Loan Program Manual Community Development Block Grant April 2001 CONTACT James P. Fenlon, Village Administrator 108 West Main Street Little Chute, Wisconsin 54140 Telephone:
More informationAMERICA S EXPORT BUSINESS: Remaining true to our mission 2018 ANNUAL REPORT
AMERICA S EXPORT BUSINESS: Remaining true to our mission 2018 ANNUAL REPORT Heritage of Success FOUNDED BY ASSURED FINANCING AND SUPPORTING AMERICAN EXPORTS TABLE OF CONTENT Chairman s Letter 02 Business
More informationThe Advantages of ESOP Financing
ISSUE BRIEF #6 The Advantages of ESOP Financing Introduction An Employee Stock Ownership Plan (ESOP) is a tax-qualified plan under Sections 401(a) and 4975(e)(7) of the Internal Revenue Code. More specifically,
More informationBob Iritani. David Josephson. City National Bank. Western Regional Director Export-Import Bank of the United States. President Meridian Finance Group
Financial Management Global Finance In The New Global Economy Panelists Bob Iritani Executive Vice President, Specialty Banking City National Bank David Josephson Western Regional Director Export-Import
More informationAIIB S ROLE IN FINANCING ASIA S INFRASTRUCTURE GAP OPPORTUNITIES FOR EUROPEAN CONTRACTORS
AIIB S ROLE IN FINANCING ASIA S INFRASTRUCTURE GAP OPPORTUNITIES FOR EUROPEAN CONTRACTORS Ian Nightingale - AIIB Procurement Advisor WHAT IS THE ASIAN INFRASTRUCTURE INVESTMENT BANK? A new multilateral
More informationCITY OF DE PERE REVOLVING LOAN FUND MANUAL. Prepared by the: Planning and Economic Development Department
CITY OF DE PERE REVOLVING LOAN FUND MANUAL Prepared by the: Planning and Economic Development Department In conjunction with the Wisconsin Economic Development Corporation Adopted: January 15, 2013 TABLE
More informationWinnebago County Industrial Development Board The Wave of the Future WINNEBAGO COUNTY CDBG-ED REVOLVING LOAN FUND MANUAL
Winnebago County Industrial Development Board The Wave of the Future WINNEBAGO COUNTY CDBG-ED REVOLVING LOAN FUND MANUAL Adopted by County Board -MARCH 2000 Updated May 2013 TABLE OF CONTENTS SECTION 1
More informationBonds for Beginners. WELCOME!! Atlanta, April 3, National Association of Local Housing Finance Agencies. Gene Slater, CSG Advisors
Bonds for Beginners National Association of Local Housing Finance Agencies WELCOME!! Atlanta, April 3, 2014 Gene Slater, CSG Advisors 2 What You Will Learn 1. Bonds are Debt Instruments 3 2. Bonds are
More informationUK Export Finance. Support for UK exports into international water markets. Vomic Shah 20 th February 2016
UK Export Finance Support for UK exports into international water markets Vomic Shah 20 th February 2016 1 Presentation title - edit in the Master slide About UK Export Finance We are the UK s export credit
More informationFamily & Elderly Family Apartments
FHA INSURED LOANS ~ Multifamily Accelerated Processing (MAP) ACQUISITION or REFINANCE Of EXISTING OCCUPIED RENTAL APARTMENTS Section 223(f) Family & Elderly Family Apartments PROGRAM FEATURES Fixed-rate,
More informationQuarter Interim Unaudited Consolidated Financial Statements and Notes
Interim Unaudited Consolidated Financial Statements and Notes August 8, 2008 Consolidated Statement of Operations Interim Consolidated Financial Statements Three Months Ended Six Months Ended Unaudited
More informationTHIRD QUARTER INTERIM UNAUDITED Condensed Consolidated Financial Statements and Notes
THIRD QUARTER 2015 INTERIM UNAUDITED Condensed Consolidated Financial Statements and Notes November 5, 2015 CONSOLIDATED STATEMENT OF FINANCIAL POSITION Unaudited, December 31, (Canadian dollars in millions)
More information6. Consequences of the NSFR for trade finance
6. Consequences of the NSFR for trade finance Given the small number of banks classified as mostly active in trade finance (one bank in December 2014), the assessment of the impact of the NSFR on trade
More information2011 Aircraft Sector Understanding Overview and Summary
2011 Aircraft Sector Understanding Overview and Summary 1 Topics Covered 2011 ASU in Perspective 2011 Pricing and other Terms and Conditions Transition Rules Grandfathering (2007 ASU) Great-grandfathering
More informationWELCOME. to CANADAICI
WELCOME to CANADAICI Our Process Welcome to Canada ICI. GETTING TO KNOW US & INITIAL CONSULTATION COLLECTING INFORMATION ENGAGEMENT LETTER PRESENTATION OF MARKET OPTIONS We know that communication is key,
More informationRESTRUCTURING REFLECTED IN THE PORTFOLIO HIGH MARKET ACTIVITY
QUARTERLY REPORT Q3 17 RESTRUCTURING REFLECTED IN THE PORTFOLIO HIGH MARKET ACTIVITY Export Credit Norway s lending balance totalled NOK 69. billion at the end of Q3 17. The company disbursed NOK 97.6
More informationSeptember 30, 2015 (Revised document) CLEAN TECHNOLOGY FUND FINANCING PRODUCTS, TERMS, AND REVIEW PROCEDURES FOR PUBLIC SECTOR OPERATIONS
September 30, 2015 (Revised document) CLEAN TECHNOLOGY FUND FINANCING PRODUCTS, TERMS, AND REVIEW PROCEDURES FOR PUBLIC SECTOR OPERATIONS INTRODUCTION 1. Among the functions of the Clean Technology Fund
More informationRENEWABLE ENERGY TRAINING PROGRAM FINANCING RENEWABLE ENERGY PROJECTS. Finance Basics
RENEWABLE ENERGY TRAINING PROGRAM FINANCING RENEWABLE ENERGY PROJECTS Finance Basics Kate Baragona Senior Infrastructure Finance Specialist Financial Solutions Sameh I. Mobarek Senior Counsel Energy, LEGPS
More informationCounty of Fresno Affordable Housing Development Loan Terms
County of Fresno Affordable Housing Development Loan Terms The County of Fresno Affordable Housing Programs ( County ) offers gap financing for the development and acquisition/rehabilitation of multifamily
More informationHIGH LEVEL SEMINAR ON KEY ELEMENTS OF COMPETITIVENESS OF THE EUROPEAN INDUSTRY IN INFRASTRUCTURE PROJECTS OUTSIDE EUROPE Brussels, 8th October 2014
HIGH LEVEL SEMINAR ON KEY ELEMENTS OF COMPETITIVENESS OF THE EUROPEAN INDUSTRY IN INFRASTRUCTURE PROJECTS OUTSIDE EUROPE Brussels, 8th October 2014 Julián Núñez President of SEOPAN A - TOP GLOBAL CONTRACTORS
More informationDEBT POLICY Last Revised October 11, 2013 Last Reviewed October 7, 2016
INTRODUCTION AND PURPOSE This Debt Policy Statement serves to articulate Puget Sound s philosophy regarding debt and to establish a framework to help guide decisions regarding the use and management of
More informationCity of Tucson Finance
City of Tucson Finance Proudly Presented By: Silvia Amparano, CPA, CPFO Finance Director Association of Government Accountants Southern Arizona Chapter October 12, 2016 1 Agenda Governmental Accounting
More informationVILLAGE OF LITTLE CHUTE SMALL BUSINESS MICRO LOAN PROGRAM
VILLAGE OF LITTLE CHUTE SMALL BUSINESS MICRO LOAN PROGRAM CONTACT Charles P. Kell, Village Administrator 108 West Main Street Little Chute, Wisconsin 54140 Telephone: (920) 788-7380 Ext. 202 E-mail: chuck@littlechutewi.org
More informationCENTRAL BANK OF NIGERIA NON-OIL EXPORT STIMULATION FACILITY (NESF)
CENTRAL BANK OF NIGERIA NON-OIL EXPORT STIMULATION FACILITY (NESF) GUIDELINES 1.0 Introduction The Non-Oil Export Stimulation Facility (NESF) was introduced by the Central Bank of Nigeria (CBN) to diversify
More informationFINANCING PROGRAM FOR IMPORTS OF MACHINERY, EQUIPMENT, CAPITAL GOODS AND ASSOCIATED SERVICES OF ENGINEERING, INSTALLATION OR CONSULTING
AIRCRAFT FINANCING FINANCING PROGRAM FOR IMPORTS OF MACHINERY, EQUIPMENT, CAPITAL GOODS AND ASSOCIATED SERVICES OF ENGINEERING, INSTALLATION OR CONSULTING PNC Bank elaborates a sound pre-analysis of all
More informationIFC Transaction Advisory Services Creating opportunity where it s needed most. From Concept Design to Project Execution
IFC Transaction Advisory Services Creating opportunity where it s needed most From Concept Design to Project Execution ECREEE Abidjan, March 2014 Introduction and agenda Introduction and agenda Introduction:
More informationJ. Gaspar: Adapted from Jeff Madura, International Financial Management. Slides by Yee-Tien (Ted) Fu
Chapter 19 Financing International Trade J. Gaspar: Adapted from Jeff Madura, International Financial Management 19. 1 Slides by Yee-Tien (Ted) Fu Merchandise Trade Merchandise trade, i.e., exports and
More information