Project Finance

IFF - International Faculty of Finance

Course summary

3 days

2,999 GBP excl. VAT

English

London, Online courses

5.0 (11 Reviews)

IFF - International Faculty of Finance

Professional Training

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Course description

Project Finance - 3 day course in London or in house training

This course designed and delivered by the International Faculty of Finance examines the project financing process in detail, focusing on financing term sheets and documentation. Delegates then progress to a study of the project financing challenges of today, using case studies and group discussions to apply the skills they have acquired.

A practical learning solution

This course provides an in-depth look at the specific challenges faced within individual branches of the project finance industry. Qualitative risk modeling is used heavily in this course. Individual topics of interest, suck as 'Equator Principles' are covered both in lecture and discussion format.

Upon completion of this programme, participants will be prepared to:

Understand the specific challenges faced by each industry branch
Use the qualitative risk 'template' and economic modelling to address those challenges
Develop a feel for what is and is not achievable from a financing perspective - and why
Recognise how structures have changed over time

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Suitability - Who should attend?

This Project Finance training course is a unique project finance training course which has been designed for professionals needing a thorough grounding in limited-recourse financing applied to a range of capital-intensive industries, such as:

Power generation
Alternative energy
Upstream, midstream and downstream oil and gas and petrochemicals
Mining
Infrastructure
PPP/PFI projects

Training Course Content

This Project Finance training course is designed to cover the following areas:

What is Project Finance?

Definition – “Project Finance” as opposed to financing of a project
Limited-recourse and non-recourse finance
Origins of project finance
Who uses project finance and why?
What is the downside?

Sponsors and Lenders/ The Lender’s Risk Analysis

Different risk/reward objectives of sponsors and lenders
Balancing equity and debt
Different types of debt – senior/ subordinated/mezzanine
Structural & pricing drivers
Key ratios – annual debt service, loan life and project life covers
Balancing equity and debt

The Project Finance Process

The Players and their interests
Ownership structures
Key project contracts
Role of advisers:
The financial feasibility study/debt structuring
The information memorandum
Debt underwriting/syndication
Financial close
Post-close monitoring

Other Sources of Debt Finance / Risk Mitigation

The bond markets
Credit enhancement through guarantees
Islamic finance
Private political risk insurance market
Export credit agencies
Multilateral agencies/development banks
Sponsor co-financing

Project Financing Documentation

The term-sheet – purpose, legal status, binding/non-binding aspects
Term-sheet/documentation provisions:
Term-sheet interactive exercise
Legal opinions
LMA standard terms

Sustainable Lending – the Equator Principles

Origins & purpose of the equator principles
Development and current adherents
Purpose & scope
Practical application using examples

Energy Project Finance

Oil & gas financing
Power project finance

Infrastructure Project Finance

Toll-road and bridge financing
Rail/light rail systems
Water/desalination projects

PFI/PPP Projects

Rationale for public to private projects
The PFI/PPP process
Regulatory/public sector oversight
Project types

Expenses

The cost of this Project Finance training course is £2,399 + VAT per delegate.

In-house Training

IFF is the global leader in the provision of tailored in-company courses that are designed to bring about significant increases in personal and organisational performance. Request a customised quote from IFF below.

About provider

International Faculty of Finance - IFF Finance & IFE Energy - Specialist Training Courses

As one of the world's leading specialist financial training organisations, The International Faculty of Finance, provides participants in the global financial markets with intensive technical training programmes designed to help them succeed on the global stage. Established in 1991 we...