Infrastructure and Project Finance training course

 Location: London (Central)

Infrastructure and Project Finance program offers you a 360 degree view of project finance techniques and how to apply these specifically to a wide range of global infrastructure projects. It provides a methodical approach for assessing, financing and structuring project and infrastructure finance transactions. Overall the course has an international flavour covering a range of different types of projects.

What will you learn?

Upon completion of this course, you will be able to:

• Appreciate which sectors lend themselves to project finance techniques
• Understand the key structural issues necessary to create an efficient and robust project finance structure
• Recognize the key structuring parameters and how to develop the optimum capital structure
• Develop a practical template to identify, assess and mitigate the key risks
• Grasp the key commercial aspects of loan and related documentation
• Indentify the critical aspects for the key players in the deal, including lenders, sponsors and investors

What will Infrastructure and Project Finance give you?

A high quality and practical learning experience, led by a first class faculty of seasoned specialists and industry practitioners. Our course is highly practical and interactive, involving: case studies, group work, exercises and presentations, designed to ensure you and your colleagues at all levels are fully equipped to fulfil their responsibilities.

Who is it for?

This workshop is designed for intermediates with some experience but will also be useful to beginners who are seeking to gain an understanding of the fundamentals and the key issues. More experienced practitioners will also benefit from exposure to technical and other topics which are outside their day-to-day experience.

Delegates may come from a variety of backgrounds, including:

- Practitioners involved in or servicing project and infrastructure transactions
- Investment and commercial bankers in advisory, lending or credit or related areas
- Credit & fixed-income analysts
- Sponsors, contractors, facilities managers and investors
- Fund managers in infrastructure, private equity and hedge funds
- Lawyers in banking, corporate or infrastructure
- Accountants in PPP/PFI, audit or other ancillary services interested in infrastructure
- Professionals in multilateral (e.g. the IBRD) or bilateral agencies (ECGD, Hermes)
- Public sector employees from regulatory or supervisory organisations

Ensure you and your team are fully equipped with this high quality and practical learning experience from PEI Training.

Over 96% of attendees would recommend our courses to a colleague

Course categories:Corporate Finance Courses, Corporate Finance Inhouse

COVERED TOPICS

A training day runs from 9am-5pm and refreshments and lunch are included in the course fee.

Venue/logistic details will be provided to delegates closer to the course date.

Course content is outlined below:

Introduction & overview

• Rationale for PF/Infrastructure financing
• Project finance and related financing techniques (Infrastructure, PPP, PFI/Concessions)
• Project finance vs other forms of financing
• Key aspects of infrastructure
• Basic overview of sectors & market activity
• Sector profiles – Traditional and difficultsectors (roads, ports, airports, rail)

• Parties in the deal & their roles - putting together a bidding team
• Structuring stages in the deal
• The 3 key structuring issues
• Structuring parameters & debt capacity

• Contract structures
• Generic PPP structures; DBFO, BOOT, BOT etc
• Supplier & buyer credits
• Leases (leveraged, wrapped, captives, double dip
• Legal structures (pros, cons application)
• Joint ventures generally
• Company structures
• Partnership structures (general and limited partnerships)
• Key commercial & negotiating issues in shareholder agreements

• Debt financing generally
• Senior loans – typical terms & conditions
• Senior bonds – typical terms
• Junior debt – mezzanine finance, accreting swaps
• Multilateral agencies – role & terms
• Bi-lateral agencies – role & terms
• Role of monolines – role & terms
• Islamic lending – overview

• Scoping the due diligence review
• Conducting effective due diligence –
• A template to analysing & identifying the key risks
• Overview of the 13 major risks
• Supply risk
• Market risk
• Operating risk
• Regulatory/Political risk
• Other major risks (environmental, completion, forex etc)
• Risk mitigation techniques
• Why do some projects fail?
• Risks in specific sectors
• Roads
• Ports & airports
• Power
• PPP generally
• Utilities

• Critical issues for the lender
• Cashflow projections – the four benchmarks
• Repayment methods
• Cash trap styles
• Reserve styles
• Cashflow controls & lockbox accounts
• Key financial ratios (ADSCR, loan/ bond/project life cover, buffer test)
• Lender protection
• The role of the credit rating agencies

• Financing documents
• Loan facility agreements
• Bonds / notes
• Security documentation
• Inter-creditor agreements & subordination
• Shareholder / joint venture agreements

• Funds vs commercial sponsors
• Overview of evaluating investment decisions
• Issues arising out of joint ventures
• Flow to equity vs flow to the SPV

REGISTRATION & PRICING INFORMATION

For more information or to be contacted by the event provider please fill this form:

The registration is closed

Price: USD
Location: London (Central)
Event date: 02.05.2012 - 04.05.2012
Event duration: 3 Days
Event time:

ADDITIONAL DATES

CONTACT US

Email: info@financialveritas.com

Phone: +44 208 133 5917