Deals

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Arranged a €125mm 16-year term project financing with OPIC, IFC, and UniCredit-BulBank. Project financing was closed and funded in a record time of 4 months.

Arranged $30mm financings with OPIC. The loans achieved all-in record low fixed interest rates below 5% for 15 years.

Arranged the equivalent of $80mm financings in Thai Baht with local Thai banks. Term of 15 years established a record for Thai project loans in the sector.

Arranged €276mm financing with a consortium of 6 European project finance lenders. Term was 18 years post-construction with debt leverage of 80%. Pre-completion interest rate swaption saved the project over $10mm.

Arranged IFC’s commitment to invest $55mm. 

Supervised the sale of these projects to investors such as First Reserve Infrastructure Fund (for both levered and unlevered projects).

Acted as Financial Advisor to the US Export Import Bank. Financing involved IFC and IDB, in addition to EXIM Bank’s $80mm direct loan. It also involved the first deployment of the Clean Tech Fund in Latin America with a subordinated loan of $17mm. All loans were swapped into local currency.

Completed the financing of the $260mm in association with Dexia as joint mandated lead arrangers.

Earned the titles of “Latin American Deal of the Year – 2007” from Project Finance International and “Latin American Transport Deal of the Year – 2007” from Project Finance Magazine for co-underwriting the financing of the MXN 37.1 billion project. Nord/LB underwrote the MXN equivalent of $400mm, its largest project finance underwriting ever, acting as a co-book runner with 2 other financial institutions supporting the winning bid of Goldman Sachs and ICA, Mexico’s largest construction company.

Successfully implemented a $500mm mandate to finance these projects. Nord/LB teamed up with 2 other co-arrangers to implement a turbine financing facility followed by a construction loan, in turn, followed by term loans for each of the 4 projects.

Earned the 2005 Infrastructure Deal of the Year Award from Project Finance International and the 2005 North American Transport Deal of the Year Award from Project Finance Magazine for the C$600mm project. Nord/LB was selected as one of 3 lead arrangers for Canada’s first mass transit PPP concession led by SNC Lavalin. The 28-year project loan was syndicated to 14 banks with a 100% participation ratio.

Was the leading Finance Representative from a consortium involving Ansaldo, Foster Wheeler Espana, and Raytheon for the $800mm project which benefited from a long-term power purchase agreement from EGAT of Thailand. The consortium’s financing solution involved the export credit and bilateral agencies of Canada, Spain, Italy, Thailand, and the U.K. (CDC).