intro proj fin

29 %
71 %
Information about intro proj fin

Published on July 9, 2007

Author: Saxophone


Structured and Project Financeat Ex-Im Bank:  Structured and Project Finance at Ex-Im Bank A Quick Introduction What You Will Learn Here:  What You Will Learn Here What cases does the Structured Finance Division handle? What is the difference between 'project' and 'structured' finance? What are the basic principles of a limited recourse structure? How long will my PF transaction take to process? Who at Ex-Im gets involved in PF transactions? The Structured Finance Division:  The Structured Finance Division The SFD handles transactions that are: corporate credits (no bank or sovereign guarantee) for over $10 million 'structured' limited recourse project financings Structured & Project Finance: What is the Difference?:  Structured andamp; Project Finance: What is the Difference? Structured (Typical) Existing company borrower financing an expansion Full recourse to borrower Analyze historical andamp; projected cash flows Limited 'perfection of security' Can finance 85% of project costs (subject to U.S. content rules). Project Finance SPV borrower financing a greenfield project or expansion Limited recourse to parent companies Analyze project’s future cash flows Complex documentation to perfect security More than 15% equity required, so total debt provided less than 85% Terms (OECD guided):  Terms (OECD guided) Structured Finance Pay interest during construction (IDC) Maximum repayment term usually 10 years Flexible amortization in some cases limited by WAL of 5 to 6.25 years Finance for: local costs connected to export contract, ancillary fees Project Finance Capitalize IDC Maximum repayment term usually 14 years Flexible amortization limited by WAL of 7.25 years Finance for any local costs up to 15% of U.S. contract value and ancillary fees Slide6:  PF Project Structure Input Contracts Guaranteed supply of inputs to project SPV Made up of project sponsors that provide equity. SPV is the borrower. Off Taker Provides revenue stream to project. Must be creditworthy. EPC Likely source of U.S. content. Must show technical experience. Oandamp;M Contract with capable firm extends beyond repayment term. Host Government Legal /regulatory framework andamp; evident support Top Questions to Ask Yourself:  Top Questions to Ask Yourself What is being exported from the U.S.? Is the transaction CLS compliant? (based on the borrower for structured transactions and the offtaker for limited recourse deals) What structure are you proposing? If yours is a limited recourse transaction: Who are the sponsors? How much equity is provided? Is the offtaker creditworthy? Who is your financial advisor? PROJECT FINANCE PROCESS: Phase I:  PROJECT FINANCE PROCESS: Phase I letter of interest complete application received advisor andamp; counsel retained project finance consultation PPL issued or project rejected 7-14 days 45 days internal review complete 5 days PROJECT FINANCE PROCESS: Phase II:  PROJECT FINANCE PROCESS: Phase II PPL issued 35 days Sponsor/Ex-Im negotiation of key financial terms internal board action Congressional review complete final Board approval time for issue resolution document execution disbursement financing negotiations conditions precedent The Ex-Im Bank Team:  The Ex-Im Bank Team International and Domestic Business Development Structured Finance Division Other parts of the Bank General Counsel Engineering and Environment Country Risk Analysis Board of Directors Credit Review and Compliance Asset Monitoring

Add a comment

Related presentations

Related pages

Structured and Project Finance XPORT BANK at Ex-Im Bank S ...

oJ bs Through Exports EXPORT-IMPORT BANK of the UNITED STATES Structured and Project Finance at Ex-Im Bank A Quick Introduction
Read more

Top 10 Free Intro Templates "After Effects Intro Template ...

Top 10 Free Intro Templates "After Effects Intro Template" no plugins [HD] Hi everybody, today I give you the best 10 Free Intro Templates HD ...
Read more

FREE Intro Template for Blender | Tim-Media Website

FREE Intro Template for ... or another place, you find back. (Win XP, Vista, 7, 8: right ... Now you have the project opened in Blender and are ready ...
Read more

Flash Intro Templates | Flash Intros - Template Monster

Flash Intro Templates are made to jazz up your e-space, create compelling motion graphics to tell about your business, represent website or product.
Read more

After Effects Templates & Projects from VideoHive

Get 34,484 After Effects Templates and Projects on VideoHive. Buy Templates from only $6.
Read more


RAVEN DESIGN - SVP 11 INTROS - Raven Designs Sony Vegas Pro Intros, Templates, Tutorials and More...
Read more


"Rejuvenation" another free Intro all effects are pre -redered no plug-ins required to customize this intro design fast rendering time
Read more


INTRODUCTION TO PROJECT FINANCE: COURSE OUTLINE 18-20 July 2012. Name of Course: Introduction to Project Finance Course for Practicing Professionals in ...
Read more

The xx - Intro - YouTube

Find out why Close. The xx - Intro PedobaerUPedohase. ... the xx- intro (seamless edit) - Duration: 2:45:31. Luc Allio 6,216,991 views. 2:45:31
Read more