View news from   +  advanced search
You are here: Home Data & People

Bonds & Loans

  • Industry bond issues 26/5/12 – 25/6/12 23 July 2012

    Issuer Deal Total Value $ (Proceeds) Tranche Value $ (Proceeds) Coupon Deal Bookrunner Parent Years to Maturity Deal Pricing Date PTTEP Canada International Finance 500,000,000 500,000,000 6.35 UBS;Deutsche;HSBC;Citi 30 07-Jun-12 Outokumpu 185,805,549 185,80...

  • Industry loans 26/5/12 – 25/6/12 23 July 2012

    Borrower Total Deal Value($m) Tranche Value ($m) Maturity (Years) Signing Date Mandated Lead Arranger Deal Margin (bp.) Arena Energy 340.000 340.00 1 year 25-Jun-12 BNP Paribas;Regions Bank;Wells Fargo;TD LIBOR 225 bp Tower Bersama Infrastructure 325.000 325.0...

  • Industry bond issues 24/4/12 – 25/5/12 01 June 2012

    Issuer Deal Total Value $ (Proceeds) Tranche Value $ (Proceeds) Coupon Deal Bookrunner Parent Years to Maturity Deal Pricing Date China Water Investment 63,345,263 63,345,263 5.5 Bank of Communications;CITIC 5 24-Apr-12 Laredo Petroleum 500,000,000 500,000,0...

  • Industry loans 24/4/12 – 25/5/12 01 June 2012

    Borrower Total Deal Value($m) Tranche Value ($m) Maturity (Years) Signing Date Mandated Lead Arranger Deal Margin (bp.) Rosneft 2,162.208 1,050.00 5 years 24-Apr-12 BNP Paribas;Bank of Tokyo-Mitsubishi UFJ;BayernLB;Mizuho;Morgan Stanley;Natixis;Nordea;Raiffeisen;SMB...

Cover Story

  • Second time's charming for South Africa's REIPP 30 May 2013

    The second group of projects in South Africa’s REIPP programme had a smoother path to financial close than the first. But debt market capacity challenges lie ahead. By Jon Whiteaker.

  • Cape Wind's US offshore finance debut 03 May 2013

    The Cape Wind offshore project comes to market 12 years after its announcement, and seven years after the first offshore wind project financing. Can it close in a shorter timeframe? Brian Eckhouse reports.

  • Regulatory risk threatens the transmission acquisition boom 07 February 2013

    Banks have contributed billions towards a wave of acquisition activity in energy infrastructure assets. Regulatory risk could upset the latest leveraged infrastructure finance binge. By Antony Collins.

  • Will ECAs disrupt GCC power's mini-perm moment? 11 December 2012

    Project leaders in the Middle East are prepared to experiment with mini-perm structures to widen the lending pool for power deals, but will the Mirfa IWPP be the sector’s guinea pig? Jon Whiteaker reports from Dubai.

Deals & Developments

  • EIF closes Logan Generating bonds 21 January 2013

    Barclays has closed on $50.35 million in bonds for Energy Investors Funds’ 225MW Logan Generating coal-fired plant.

  • Power news 10 May 2011

    Shuweihat 3 financial close in May The $1.38 billion project financing of the 1,600MW Shuweihat 3 independent power project in Abu Dhabi, sponsored by Sumitomo, Kepco and ADWEA, will now reach financial close the week begin­ning 16 May, though the project’s power purchase agreement reache...

  • Renewables news 10 May 2011

    Contact Energy to use equity for Te Mihi geothermal New Zealand electricity generator and distributor Contact Energy has launched a NZ$350 million ($280 million) equity entitlement offer to its existing share­holders. It plans to use the proceeds to strengthen its balance sheet and fund con&sh...

  • April 2011 Leisure News 11 April 2011

    Zentro Expo refinancing closes Expo Zaragoza Empresarial has closed a Eu36 million ($49 million) refinancing of its Zentro Expo project. The project entails the conversion of the 165,000 square metre Zaragoza 2008 International Expo­sition centre into a business centre and justice build...

Deals Analysis

  • DEAL ANALYSIS: N11/N7 05 June 2013

    Ireland’s N11/N7 survived a retendering, defections from its bank club and a change in its shareholder structure. Close on the deal shows that there are signs of life for PPP in Ireland.

  • DEAL ANALYSIS: FICCRCB 13 30 May 2013

    IDEAL’s securitisation of a four-strong toll road portfolio used a new type of hybrid listed capital. But the deal needed a re-launch and heavy bank support.

  • DEAL ANALYSIS: Aura Solar 29 May 2013

    Gauss Energia closed the first large solar PV project financing in Mexico with IFC and Nafinsa. It did so without subsidies or a fixed-price offtake agreement.

  • DEAL ANALYSIS: East End Crossing 10 May 2013

    The East End Crossing is the largest availability-based financing in the US and Indiana’s first greenfield PPP.

Deals of the Year

Exclusive Web Copy

  • Development of a Basel II conforming rating model 01 November 2005

    A critique of bank and rating agencies approaches to assessing credit risk in project finance and the methodology for a new rating model - what is different about the proposed model and why it is better then existing ones. By Jeorg Orgeldinger,Dipl.-Kfm. (univ.), MBA (UK).

Features

  • Northland Power's pumped storage and placements 19 June 2013

    Northland Power continues its push into renewables as it seeks a PPA for a planned pumped storage plant in Ontario. Its development slate will test the relationship lenders it has cultivated. By Brian Eckhouse.

  • NEWS ANALYSIS: The Equator Principles in the OECD 17 June 2013

    The Equator Principles do not always require compliance reviews from projects in the most developed markets. But too little attention early on will make later reviews much tougher. By William Stark, SAIC.

  • US power's leveraged lease dilemma 17 June 2013

    Leveraged leases were once popular with coal plant owners. But they are complicating the restructurings of struggling generators. By Tom Nelthorpe.

  • Thai banks wait on the post-adder solar tariff 05 June 2013

    Thailand’s solar industry has so far shrugged off government alarm at the scale of its success. A new tariff regime will offer few improvements to the existing lender-friendly model. By Thomas Blott.

League Tables

News

News Analysis

  • NEWS ANALYSIS: Healthy outcomes? 22 July 2012

    The UK’s NHS administration regime faces its first test. What do PFI hospitals’ sponsors and lenders need to know? By James Larmour, counsel, Hogan Lovells.

  • NEWS ANALYSIS: Transmission tinkers 22 July 2012

    The UK’s OFTO programme has produced a stream of popular, low-priced financings. But changes to the regime will make future financings tougher.

  • NEWS ANALYSIS: Aeroporti di Roma 03 May 2012

    The AdR bank refinancing is designed to alleviate rating agency pressure and give its shareholders time to close a bond refinancing. But tariff negotiations are dragging on.

  • NEWS ANALYSIS: Temasek’s PFC 28 April 2012

    Singapore’s new state-backed project finance lender is set to behave like a cross between an export credit agency and a bank. Its funding model is even more unusual.

People & Places

  • People Moves May 2013 30 April 2013

    Keiko Honda has been named executive vice-president at the Multilateral Investment Guarantee Agency (MIGA), part of the World Bank. Honda is joining from McKinsey and Co, where she was a director, and will replace Izumi Kobayashi whose term ends in June. Honda will take up the position on 15...

  • People Moves April 2013 01 April 2013

    Al Maloof, managing director of GJB Consulting, has left the Miami Dade Expressway Authority board. He had been chairman of the authority’s operations committee. Russell Fong has joined the California High-Speed Rail Authority as its chief financial officer. Fong was most recently acting CFO ...

  • People Moves March 2013 01 March 2013

    David Joyner will be retiring as first executive director of the North Carolina Turnpike Authority, following the official opening of the state’s first modern toll road. Joyner took up the role when the authority was established in 2003. Over the last three years the Turnpike’s duties have...

  • People Moves February 2013 01 February 2013

    The European Investment Bank has named Jonathan Taylor vice-president and member of its management committee, replacing Simon Brooks, who has resigned. Taylor, who will be based in in Luxembourg, was previously director general for financial services at the UK Treasury. Paul Omar has been ...

Sector Report

  • Going global with Canadian PPP 26 September 2012

    Canada is taking its expertise in PPP overseas, but continuing to develop the model in new and innovative ways in the domestic market. By Morty Gross, Robert Shouldice, and Sonia Molodecky, Borden Ladner Gervais.

  • The road ahead for US PPP 26 September 2012

    Recent attention in US PPP has focused on progress at the federal level, but local initiatives still drive the market. By Ivan E. Mattei, partner, and Michael P. McGuigan, associate, Debevoise & Plimpton.

  • Funds wanted 01 August 2003

    South Africa's PPP programme is blessed with solid banks that can offer long-dated money and advisory expertise. But lack of third-party equity will make ambitious programmes hard to develop. Marisa Rodrigues reports.

  • Länder beware 01 August 2003

    Debate still rages at the federal, state, and municipal level over the adoption of the German Private Finance Initiative for infrastructure. But it is becoming more advanced. By Prof. Dr. Ulrich Schneider, vice president, export and project finance, Norddeutsche Landesbank.

Sponsor Profile

  • SPONSOR PROFILE: NGE takes on the big three 06 November 2012

    Since 2006 NGE has worked to establish one of the biggest concession businesses in France outside the big three sponsors. But deal flow in France is beginning to slow. By Thomas Blott.

  • BAM PPP looks to home markets for balance 23 December 2011

    BAM’s PPP focus has been on highly-rated western European markets, though deal-flow is weak in several of them. Thomas Blott asks Richard Fielder, its chief executive, whether its balance is right.

  • Is GE EFS now a sponsor's first resort? 26 September 2011

    GE EFS built its reputation on providing lease equity, tax equity, and as a lender of last resort. As it emerges from the lows of 2008, straight debt and equity is the order of the day. Edward Russell talks to Alex Urquhart, chief executive of GE EFS.

  • Fund management and overseas drive John Laing 20 April 2011

    John Laing’s bread and butter has been in the UK social infrastructure and transport sectors, but it is now looking abroad much more intensively. Gary Lucas, director for international business development, talks to Catherine McGuirk

Latest Deals Database updates

Panhandle Wind Update date 19/06/2013
Sector Renewables > Onshore wind
Country North America > USA
Total Debt Loan Amount
Status Finance mandated
Mollo Hydroelectric Project Update date 19/06/2013
Sector Renewables > Small hydro
Country Latin America > Peru
Total Debt Loan Amount
Status Preferred bidder
Cavite-Laguna Expressway Update date 19/06/2013
Sector Transport > Highway maintenance
Country Asia > Philippines
Total Debt Loan Amount
Status Tender launched

Most read in past 24 hours

  1. Tenaska prepares next California solar

  2. InterGen closes refinancing

  3. PensionDanmark commits to Cape Wind debt

  4. Kahramaa launches new IWP and IWPP

  5. Newcastle port to be privatised

  6. AES Gener nears launch with Alto Maipo

  7. SunEdison seeks IFC debt for Chile PV

  8. Melec PowerGen seeks IFC debt for Tobene

  9. Brussels Airport refinancing launches

  10. Innergex rolls over corporate revolver

Change font size: Switch to default font size Switch to medium font size Switch to large font size
back to top

Home

Sectors

Data & People

My Account

Information

Event Diary


Deals Of The Year


Jobs


Directory


Supplements


Site Links


All material subject to strictly enforced copyright laws. © 2013 Euromoney Institutional Investor PLC.