Project Finance & PF Modelling, PPP, Project Management & Monitoring
This course will provide participants with a thorough understanding of the key aspects of PPP transactions and provide guidance on the practical application of those aspects from the perspective of all parties involved in those transactions including: Sponsors, Financiers, Accountants, Solicitors and those employed in the various Public Sector organisations involved in PPP/PFI transaction (e.g. Health Care, Local Authorities and other governmental departments). Particular attention is given to the fundamental PPP contract and other legal issues as well as the opportunities in Africa and the alternatives to PPP for infrastructure finance.
Modern project finance transactions requires a high level of expertise in building financial models which are reliable and flexible to accommodate the changing requirements occurring during the life of a project. The course covers such issues as how to model the role of debt, debt covenants, cash waterfalls, inter-creditor relations, restructuring and rescheduling of debt, how to model risk, and the role of equity and its rewards. Over the course of 3-days delegates will build and evaluate a range of project finance models, covering projects as diverse as Public-Private Partnerships, major energy investments and private hospitals. Delegates will overcome the most complex aspects of building a reliable model, including uncertainty, currency and timescale mismatches, debt amortisation, depreciation, control account waterfall, cost structures, and the ability to easily shift time scales, as well as the ability to identify and control key sensitivities through spreadsheet simulation.
The topics and materials are illustrated by many real-life case studies, which examine the critical aspects of these types of transactions which have been devised in conjunction with parties involved in these transactions.
This course will teach you all the available techniques and how to practically apply them using Excel. An extensive use of case studies will be adopted to illustrate the principles covered. Ultimately delegates will get practical tips on layout and style in building and analysing user-friendly models, which are available as additional benefits of the course.
Who should attend?
The workshop is structured at a level that will be beneficial for both professionals who are new to the area and also for those who wish to review and improve on their existing knowledge, including:
Corporate and Investment Bankers
Legal and Accounting Professionals
Procurement Civil Servants
Executives in engineering and construction
Bankers and financiers involved in project finance and PPP & Trade finance managers
Directors and business development executives from corporates, equity sponsors and consultancies