November 12 – 14, 2017
As part of Kuwait’s drive to become an economic and financial hub many massive infrastructure projects are underway and planned.
Power, infrastructure, transport etc projects are expected to show strong fundamentals with resulting reliable cash flows. Transport infrastructure assets eg the GCC rail connection, airport and port projects are expected to perform well. Despite current oil and gas price fluctuations interest remains for strategically important energy related projects with clean energy projects expected to dominate capacity additions.
This practical program aims to provide an overview of the stages and the relevant risks of an infrastructure project using actual transactions as the basis of our case studies.
Objectives:
After attending this Program participants will be able to:- Understand the major risks of such projects
- Appreciate the types of financing available
- Recognise the issues in dealing with ‘partners’
- Structure the financing in line with the projects’ drivers
- Consider pricing options
- Work with all parties in agreeing relevant covenants
Contents:
BOTPPP
Capital Markets
Traditional and nontraditional financing alternatives
- Documentation
payment waterfall
reserve accounts
- Covenants
- Monitoring
Recording
Agreeing
Following up
- Dispute handling
- Primary Analysis Risks
Quantitative and Qualitative issues
Non-Financial
Financial
Completion abilities
Operational capacity
- Debt service ability
- Modeling
- Counterparty risk assessment
- Risk analytics
- Project structure:
sponsor investment criteria
contract partners
- Foreign Exchange variables
- Funding structure
Mr. Kapil Kumra
Assistant General Manager and Head of Project Finance, National Bank of Kuwait
Mr. Kapil Kumra with over 27 years of extensive professional experience in Project & Corporate finance, heads the Project Finance team in National Bank of Kuwait S.A.K.P.Prior to joining NBK, Kapil has worked with Arab Bank plc Offshore Business Unit at Manama, Bahrain for nine years as Vice President in the Project and Structured Finance team and then as Head of Corporate Banking Unit. Before joining Arab Bank plc, Kapil was with Bahrain Development Bank as Deputy Head of Project Finance and IDBI Bank as Deputy General Manager.
Kapil has had extensive transactional experience in the oil, gas, power, renewables, Waste Water Treatment, Waste to Energy, and telecom sectors in the Middle East and South Asia Region. Kapil has worked on number of major transactions in the region including supporting the bids of various consortia’s for infrastructure projects such as AZN 2 IWPP, Kabd WTE, Marafiq IWPP, financing of oil refineries such as Oman Refinery, Rass Issa Refinery in Yemen, Reliance Refinery in India, petrochemical projects such as Equate Petrochemicals, SABIC Innovative Plastics Acquisition financing , Saudi Ethylene and Polyethylene Co, K-Dow acquisition financing, Nawras Telecom financing , Nakilat ship financing, Q-Ship vessel financing amongst others.
Kapil has organized a number of training programs on project finance for Bahrain Development Bank, Bombay Stock Exchange and Jawahar Lal Nehru Institute of Development Banking, Hyderabad India. Kapil has also been a member of credit curriculum committee of BIBF (Bahrain Institute of Banking and Finance).
Kapil has published articles in the business press covering international project finance and is a member of global working group on standardization of finance facility agreements for solar PV projects of the International Renewable Agency (IRENA) . Kapil holds a Bachelor’s Degree in Law, a Bachelor’s Degree in Commerce and a Master’s degree in Business Administration. He is also a Certified Associate of Indian Institute of Bankers.
Target Audience:
Senior Credit/Corporate/International Departments’ staff with a minimum of 3 years’ experience
/Language:
This program will be conducted inEnglish
Duration:
The Program will be conduct at the Institute of Banking Studies, for3 days on November 12 - 14, 2017. Sessions will be held from 8.00 am – 3.00 pm
/Methods:
Lecture-discussions & case studies
Deadline:
Nomination Forms need to be sent to IBS by November 1, 2017
For further inquiries, please call:Ms. Priya Susan Chandy
Senior Officer – Trainee Affairs
Tel: 22901166 Fax: 22901185
E-mail:
Website :
International Infrastructure & Project Finance / Page 1 of 2