the school of eca financethe fundamentals of export and

agency finance

They say school is meant to be the best years of your life. Well, we have good news…

TXF and CC Solutions are proud to present:

Together we have a track record of developing bespoke and highly informative courses focused on export and agency finance, and have been asked by the market to create a more extensive and detailed offering.

As such, for 2015, we have created a jam-packed two-day programme of training content to be held in four different cities:

London | Washington | Paris | Hong Kong

THe ScHooL of ecA finAnceAn exTensive educATionAl progrAmme for 2015

An eSSenTiAL TrAining reSourceecA finance is a critical industry that makes a genuine, positive contribution to the real economy. since the financial crisis, the role of different ecAs and the breadth of export finance solutions has changed dramatically. such solutions are now an essential component to a huge array of project financings and capex transactions the world over. This is a trend that will not go away.

such an important sector needs to have an education programme that allows new entrants to gain a requisite knowledge of the fundamentals of the industry, and experienced professionals to top up and refresh their knowledge.

ATTendeeS WiLL receive:• AcoreunderstandingofthefundamentalsofECAFinance• Vitalupdatesonthelatestproductsandpoliciesofdifferentagencies• Thechancetodiscusstheindustrywithagroupofpeersandexperts• Twodayspackedwithreallifecasestudiesandpracticalanalysis• Comprehensivecoursedocumentation–theultimateexportfinancereferralpack• Officialcertificationthatyouhaveattended,andpassedtheschool• CPDpointsavailable• In-depthlectures,practicalsessionsandcasestudies

A TrAcK record in deLivering HigH quALiTy TrAining in ecA finAnce

Txf and cc solutions are specialists in this field. We live and breathe ecA finance on a daily basis.

We will deliver a course to you and your team that provides you with the best understanding of the industry, and the process of completing an export finance transaction.

no two ecAs are the same - this course will not only look at the fundamentals, but alsothefundamentaldifferencesbetweendifferentagencies–fromdocumentationto disbursement.

A reSPecTed fAcuLTyvalerie colville has over 27 years of extensive experience structuring and implementing international corporate and project finance transactions. As a vice president of fluor corporation’s project development & investments group, valerie was responsible for developing and leading multi-sourced complex financings in the oil, gas, power, renewable energy, and mining industries. she is an expert in export credit agency financing on a global basis, with particular knowledge of export-import Bank of the united states, opic, ecgd, edc, and Atradius agency financing.

francisco Anzola is a finance and project management professional with over 17 years of experience in the banking and the engineering and construction sectors. As a vice president at commerzbank Ag, new York branch, francisco originated and executed export-import Bank of the united states-guaranteed and limited recourse financing transactions for customers in five continents and across many industrial sectors, including agriculture, oil and gas, manufacturing, and power generation.

francisco also has specialist knowledge in structured finance, and export-import Bank of the united states and other export credit agency and multi-lateral agency financing.

We know people…

All our courses also include a great line up of guest speakers including legal experts, agencies and financiers.

exAminATion And cerTificATionWe have implemented a technical examination that all school attendees will complete. The examination is already used by several leading agencies in their own internal processes.

don’t worry, it’s not designed to trip you up, a short test at the end will help you focus your mind and enhance your educational experience.

Allthosethatcompletethecoursewillreceiveanofficialcertificateofattendanceand can qualify for cle/cpd if required.

special rates available for team bookings (including across multiple destinations), agencies and corporates. please contact team@txfmedia.com for further info

coming to a town near you…

The school of ecA finance will be held in four different locations across the world in 2015

London–10th&11thMarch

Washington dc–20th&21stAprilimmediately prior to the us exim Annual conference (discounted rate available for exim customers and partners)

Paris –4th&5thJunefollowing the 2015 ecA/dfi finance conference

Hong Kong–12th&13thNovemberprior to the 2015 ecA/dfi finance conference Asia

WHAT iS on THe AgendA?The two day programme we have implemented is tried and trusted, and gives attendees a fundamental understanding of ecA finance

The curriculum – consider yourself schooled…

dAy HourS SubjecT deScriPTion

1 1defining the modern ecA

•TheroleofECAsin2015•ECAsaroundtheworld•TheOECD•HowareECAsorganized•ECAfinancingproducts•ECAtenorclassification•Countrylimitations•ECAfees•Co-financing

1 2buyer credits – corporate, sovereign, and bank-to-bank

•TypicalECAtermsandconditions•Financingstructure•Security

1 1.5buyer credits – Project and structured finance

•Projectstructures•Pre-exportstructures•Otherstructures•TypicalECAtermsandconditions•Financingstructure•Security•Cashwaterfall

1 0.5Supplier credits and other products

•Suppliercredits•Workingcapitalproducts•Performancebonds•Otherproducts

1 2content eligibility analysis

•Definitionofeligibleandnon-eligiblecontent•Calculationofcontenteligibilityfordifferent ecAs•Impactandrequirementsofmulti-levelprocurement

1 1

ecA credit standards, environmental standards and other policies

•Creditstandards•Equatorprinciples•Projectcategorization•CO2emissions•Sanctionregimes•Militaryexports

dAy HourS SubjecT deScriPTion

2 1ecA application process

•ECAapplicationprocess•ECAapplicationformats•Timeline(byproduct)•Bumpsintheroad

2 1 credit agreement

•Reviewoftypicalloanagreement•Intercreditoragreement•Conditionsprecedentandcovenants•Documentingthewaterfall•Perfectingsecurity•Disbursementprocedure

2 1epc role in eca financings

•Settingexpectations,theRFPprocess•EPCstructure(LSTK,soleorconsortia)•EPCandsupplierinterface•Linkprocurement,eligiblecontentandloan value

2 2.25 disbursing eca loans

•DisbursementcriteriaforECAloans•Disbursementmodalities(reimbursements, letters of credit, direct disbursements)•Theprocurementprocess•Thedisbursementprocess•Requireddisbursementdocuments•Disbursementpoliciesandconstraints

2 1estimating eca cash flows

milestone payment schedules

2 0.5united states shipping requirements

•MARADrequirements•Waiversandexceptions

2 1 conclusion

•Review•Maintainingeligibility•Managingadministration•Conclusions

courSe coSTS And booKing form

To register,

visit: www.txfnews.com/eventsemail: Katy.rose@txfmedia.comcall: uK +44 (0) 20 3735 5180or you can fill out the form below and email it to katy.rose@txfmedia.com

Standard rate£1,999

Team ratesend your team, across multiple locations, for £9,999(capped at 10 people world wide). further discounts are available for more than 10 people

guest 1:

name: company:

Address:

invoice address:

email: Tel:

guest 2:

name: company:

Address:

invoice address:

email: Tel: