Structured and Project Finance

The term structured finance means different things to different banks but almost always it involves a leveraged structure for the financing of a specific project or deal. Leveraged buy-outs and acquisitions are now an established part of the corporate finance scene.

Project finance has seen a massive expansion and extension from its early beginnings. Public to private initiatives throughout Europe and elsewhere have given PF a big boost, with new players and complex financing structures as Governments’ appetite for funding infrastructure projects has declined.

• Leveraged versus unleveraged deals
• Principles of structuring finance
• Mezzanine finance, preferred stock etc.
• Private equity risks and returns
• LBO and acquisition finance
• Project finance structures and analysis
• Risk sharing, subordinated debt and cover ratios

Educational Note

The courses provide a thorough understanding of the concepts of structured and project finance and address the application of these principles to a range of practical situations.

Particular emphasis is placed on sophisticated risk assessment and risk mitigation together with detailed understanding of financial engineering using equity, quasi equity, capital markets and bank financing.