1 presentation to nelcast april 2010 neutralis finance
TRANSCRIPT
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presentation to nelcast
April 2010
Neutralis finance
neutralis – KEY ASPECTS
Neutralis is a: specialist corporate finance partnership With offices in London and Chennai
with over 100 years of combined experience, and complimentary skills in engineering and banking
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SCOPE OF MANDATES
Structuring of funding propositions Documentation
Information memorandums Presentations
Sourcing equity and debt Co-ordination of due diligence Liability advice Shareholder issues Investor Relations
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TYPES OF FUNDING
Equity/Capital Seed capital and/or equity for infrastructure projects Start up or development/growth capital for companies
Debt for Infrastructure projects Financial Institutions
Combined debt and equity IPOs, thru London associates
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Infrastructure Projects Ports Power Generation – fossil, solar, waste to energy etc. Transportation – road, rail and aviation General construction
Telecoms - infrastructure Manufacturing Property – combined leisure/residential developments
MARKET SECTORS
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GEOGRAPHIC COVERAGE
INHOUSE
India Africa
Sub Sahara Nigeria
S America SE Asia
INDIRECT
Eastern EuropeCentral EuropeRussiaFormer CIS countriesChina
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SOURCES OF FUNDS
Equity Private family offices Sovereign wealth funds Infrastructure funds Hedge/special situation funds International development agencies (EIB, EBRD,
IFC, IADB, ADB) and regional development funds
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SOURCES OF FUNDING
Debt Debt Funds Special Situations Funds Investment Banks
Project Finance Groups Specialist Mezzanine Funds
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PARTNERS AND ASSOCIATES
Robin Bromley-Martin - 57 Civil Engineer/MBA INSEAD Ex Babcock and Bechtel amongst others
Nigel Macpherson – 54 Capital Markets Ex Merrill Lynch, Paribas and RAB Capital
Rohit Nath – 47 International Business Management and Project Promoter
Charles Lillis – 57 Equity and funds management Ex Warburgs, CSFB, Merrill Lynch, Flemings
Nicholas Owen – 58 Debt Management Specialist Ex Kleinwort Benson, Flemings/JP Morgan
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SUMMARY OF EXPERIENCE
Average of 35 years of experience All work done by the partners
No juniors to whom we delegate work!
Team cover all the necessary skills Complementary
Technical and Financial Equity and Debt
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RELEVANT EXPERIENCE
Robin Bromley-Martin Coal handling, ash and dust handling Hydraulic transportation of coal Initiated and developed – Antrim Power Project
1300MW Lignite Plant Fuel Purchase Agreements with BP Coal PPA with Northern Ireland Electricity Service Raised equity (formed investor group) and debt.
Project Finance on other coal/thermal power plants, refineries and Channel Tunnel
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RELEVANT EXPERIENCE
Nigel Macpherson Raising money in emerging markets since 1990
Solidere – reconstruction of central Beirut - $1 billion East Rand Proprietary Mines – refinancing – $50m Egine Copper Mine – New Caledonia - $50m Mahindra and Mahindra – GDR issue - $100m People’s Bank of Georgia – Balance Sheet debt - $25m
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RELEVANT EXPERIENCE
Charles Lillis Extensive experience advising emerging countries on debt
management (in particular, Zaire (now DRC), Cameroon and Costa Rica)
Raised money for India since 1986 The India Fund (1986) The India Growth Fund Inc. (1988) Zephyr Peacock India II (2008)
From 2005 to 2009, advised MISA Inc (holding company of a branch of the Madhvani family of East Africa) on expansion of phosphoric acid plant in Belgium. Obtained agreement from KBC to fund full extent of the project with €85m of debt.
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RELEVANT EXPERIENCE
Nicholas Owen Retained advisor to Ansa Mcal Group (Trinidad) for infrastructure
projects in Caribbean Operating /Finance Leasing finance for ships, aircraft and railways Specialist in cross border situations. Considerable experience with East African Asian business community
since 1973 arranging debt and security for a wide range of enterprises. Visited major commercial centres in India between 2003 and 2008 to
evaluate Business Process Outsourcing joint venture between major international accountancy practice and entrepreneurial Indian family.
Worked with Charles Lillis on the Madhvani project.
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CURRENT ASSIGNMENTS
Nigeria – new Oil Field Services Terminal Project management and fund raising TIC - $200 – 400m
India – Power Generation Funding SPV as investment vehicle $250m requirement
Indonesia Member of consortium for coal export terminal TIC – circa $2 billion
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CONTACTS
Rohit Nath Email: [email protected] Mobile: +91 (0) 960 0000 931 Phone: +91 (0) 44 4308 450/71/72
Robin Bromley-Martin Email: [email protected] Mobile: +44 (0) 7785-331100 Phone: +44 (0) 203 043 0327
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