Monday, 27 March 2017
Everton Football Club is to seek long-term lenders to fund its new £300m stadium. Under a deal with Peel Ports and Liverpool City Council, the council will guarantee the debt in return for a £4m-£5m per year security fee. KPMG is conducting a shadow rating exercise that will determine the precise level of the fee. See story below.
A wave of infrastructure-style M&A deals is approaching throughout the eurozone. Investors and banks are attracted by growth opportunities, shorter tenors and higher returns. By Stefano Berra.
The big oil and gas majors are spending more than US$200bn to make Australia the world’s largest gas exporter yet the country is facing a domestic gas shortage and power blackouts in some states, and consumers have seen power and gas bills rise to unsustainable highs. By John Arbouw.
Financing for energy and infrastructure projects in Pakistan has increased significantly over the last few years, with the government, sponsors and financiers all working well in tandem. By Sheharyar Chughtai, vice-president, Asia-Pacific Project Finance, Korea Development Bank, Singapore.
Welcome to the 2017 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2016, through case studies and the PFI Awards, and look forward into 2017 with interviews and articles in the Global section of the book.
The three largest insurance groups in Germany are emerging as dominant institutional investors in the European infrastructure debt market. By Stefano Berra.This market now encompasses the full range of players in the global capital markets – from private equity to large scale pension and insurance funds and sovereign wealth funds on the equity side onto institutional debt providers, investment banks and commercial banks on the debt side.
The ambition of Chinese sponsors and banks to take on challenging projects is now coming into sharp focus. While Chinese banks follow the norms set by other international lenders in non-Chinese sponsored deals, they have their own unique template when it comes to China Inc deals.
To read the PFI Magazine or Yearbook Digital Edition you will need to enter your details in the login section. If you have forgotten your password, or would like to find out more about PFI subscriptions, please email IFR.ClientSupport@thomsonreuters.com.
The 2016 Project Finance International Europe, Middle East & Africa (EMEA) Report provides a range of case studies from the region plus a look at key themes in the market such as the evolving structure of power purchase agreements and new credit enhancement products.