Infrastructure as a Growing Asset Class As we discussed in a separate article, infrastructure is growing as an asset class. Owing to the characteristics of infrastructure versus fixed income - long-life nature of infrastructure assets (a bridge can last 50 years versus a 5-10 year bond), higher returns (even the safest,
Infrastructure
ESG and Infrastructure Trends
Infrastructure
Global Infrastructure Industry Overview Over the past decade or so, infrastructure has continuously emerged as a popular asset class and gained wider acceptance from institutional investors, who are now allocating a growing share of their portfolio to infrastructure. While infrastructure is considered with other private market asset classes such as private
Project Finance Walkthrough
Project Finance Structuring and Essentials As an illustrative example, we are going to look at project financing a power plant. After mapping out a project that is to deliver electricity to the grid, the operational components must be structured to be satisfactory to the lenders. So first off there needs to be
Introduction to Project Finance Investment Banking
Project Finance Investment Banking Project finance is one of the most popular but least understood groups in investment banking. Sometimes PF is a standalone product group and sometimes PF is under the corporate banking umbrella (as there is a large lending component). Closely tied to project finance may be an infrastructure
Sale and Leaseback Transactions in Investment Banking
Global M&A Roundup Oct 20, 2017 – The Warranty Group, Abertis Infraestructuras
Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: The Warranty Group, Inc. Industry: Financial Institutions Acquirer: Assurant, Inc. (NYSE:AIZ) Target: The Warranty Group, Inc. Size: $2.5 billion Consideration: 81% Equity, 19% Cash Source of Funds: Common Stock, Debt Sell Side Advisors: UBS
Global M&A Roundup Jun 16, 2017 – Whole Foods Market, Shanghai International Port
Our Canadian M&A roundup can be found here. Our past global M&A roundups can be found here. Target: Whole Foods Market, Inc. (NasdaqGS:WFM) Industry: Food Retail Acquirer: Amazon.com, Inc. (NasdaqGS:AMZN) Target: Whole Foods Market Size: $13.4 billion Consideration: 100% Cash Source of Funds: Debt Sell Side Advisor: Evercore Group L.L.C. Buy
Global M&A Roundup Jun 2, 2017 – Hengda Real Estate Group, Logicor Europe, Wirtgen Group
Target: Hengda Real Estate Group Co Ltd Industry: Real Estate Acquirer: Multiple Buyers Target: Hengda Real Estate Group Co Ltd Size: $5.8 billion Consideration: 100% Cash Source of Funds: Not Disclosed Sell Side Advisors: Eastdil Secured and Goldman Sachs Buy Side Advisor: Not Disclosed Legal Advisor: Not Disclosed Expected Close:
Global M&A Roundup May 19, 2017 – Abertis Infraestructuras, Patheon, Bureau van Dijk
Target: Abertis Infraestructuras, S.A. (BME:ABE) Industry: Infrastructure Acquirer: Atlantia SpA Target: Abertis Infraestructuras, S.A. Size: €15.2 billion Consideration: 74% Cash, 26% Equity Source of Funds: Debt and Equity Sell Side Advisor: Citibank Espana S.A. Buy Side Advisors: Credit Suisse (Italy) S.p.A. and Mediobanca Banca di Credito Finanziario S.p.A. Legal Advisors: