Corporate and Project financing

  • Sale and leaseback of capital-intensive assets primarily in Shipping, Offshore, Cruise and Aviation sectors
  • Various layers of the capital structure including senior and mezzanine debt
  • ECA financings
  • Joint ventures

Corporate and Project financing

  • Sale and leaseback of capital-intensive assets primarily in Shipping, Offshore, Cruise and Aviation sectors
  • Various layers of the capital structure including senior and mezzanine debt
  • ECA financings
  • Joint ventures

Advisory

  • Valuation / Fairness opinion
  • Strategic support including feasibility studies and risk analysis
  • Acquisition of existing bank/bond debt as well as distressed debt
  • Management for hire
Substitute for equity
  • Avoid dilution / Reduced need for new equity
  • Unlock balance sheet value and release cash
  • Increases market exposure
  • Manage growth in an efficient manner
Advantages compared with bank debt
  • Long term financing of up to 12 years (tenor) and profiles up to 25 years (useful economic lifetime of asset)
  • Reduces refinancing and interest rate risk
  • Covenant «lite»
  • Bilateral relationship with finance provider
Other features
  • Lessee retains full operational control of asset
  • Diversification of funding

Sale and Leaseback

Main features
  • Enhance the “blend” in the capital structure
  • Partial substitution for new equity / junior debt
  • Avoid dilutions / reduced need for new equity
  • Unlock balance sheet value and release cash
  • Allow for increases in market exposure
  • Manage growth in an efficient manner
Advantages compared with bank debt
  • Long term financing up to 12 years (tenor) and profiles up to 25 years (useful economic lifetime of asset)
  • Reduce refinancing and interest rate risk
  • Covenant «lite»
  • Bilateral relationship with finance provider
Other features
  • Lessee retains full operational control of asset
  • Diversifies funding from traditional banks
  • Leasing structures impair flexibility for opportunistic divestments