leverage capital czech overview and presentation capital czech - profile... · 2018-11-16 ·...

STRICTLY CONFIDENTIAL 1

Leverage Capital Czech Overview and Presentation

Copyright© 2013 Leverage Capital Czech, a.s., V Celnici 1040/5, CZ-110 00 Prague, Czech Republic, www.leveragecapital.cz All rights reserved

Dear Clients and Business Partners,, Leverage Capital Czech is a Member of Leverage Capital International LLC, an entity for the representation and servicing clientele and partners out of the Prague office. Leverage Capital International is present in Russia, Ukraine, Singapore, India, Hong Kong, Vietnam, UK, UAE. Central Europe, Russia, Ukraine and other CIS countries are newly covered under Leverage Capital Czech, which will further handle new contracts as well as fulfillment of transactions already existing in the group‘s portfolio, and fully supported by the local Leverage Capital branches. We are convinced that these improvements in our corporate and operative structure will allow to us to offer a wider portfolio of services and tailored products, creating more effective solutions for our valuable clients. Viktor Bíla CEO


No Sections Page

1 Leverage Capital International LLC 4

2 Leverage Capital Czech, a.s. (LCC) - Corporate Profile 7

3 Core Business of LCC 13

4 Current Partnership and Clientele 27

5 Contact Details 36

Contents


Leverage Capital

Czech

Leverage Capital International LLC Group Holding Structure

Leverage Capital Singapore

Leverage Capital Sri Lanka

Leverage Capital India

Leverage Capital Hong Kong

Leverage Capital Vietnam

(Joint Venture)

INDOCHINA CAPITAL

LCC Moscow

Leverage Capital Dubai

LCC Ukraine

1 Leverage Capital International LLC


Present Offices: India, Singapore, Prague, Moscow, Hong Kong Licensed but not Operational: Sri Lanka, Vietnam & Dubai Under preparation: Ukraine

Presence of LCI


Development of Business Plans.

Preparation of the Information Memorandum and Project assessment note.

Identification of prospective buyers/ sellers/ investors/key-players and off-takers.

Equity & Business Valuations, and Financial Models.

Devising various transaction options and alternative structures to maximize the objective.

Organizing investors‘ road shows.

Corporate & Debt Restructurings to add/enhance/optimize value to all the stakeholders.

Investment into feasible projects

Arranging of equity, debt and mezzanine finance for exclusive clients

Leverage Capital International LLC


Leverage Capital Czech, a.s. (LCC) is a newly created platform within Leverage Capital

International (LCI) group. LCC started its operations in the Czech Republic effectively on 2nd

April 2013, with inherited experience and expertise from group members being implemented

into the conditions of the CEE and CIS markets.

LCI has long and consolidated experience, built up over the years through working for major

industrial groups and markets in Asia, and specializes in putting together tailor-made solutions

with direct approach to financial and insuring institutions as well as in cooperating with

renowned international technological providers that fully meet the requirements and needs of

customers in the realization of medium to large scale projects.

LCC is seated in Prague with its subsidiary in Russia (Moscow) and in the near future in one

more representation branch office in Ukraine.

LCC is to be active worldwide in structuring project finance and coordination of project related

engineering activities necessary for the application towards lending and insurance institutions,

up to direct investments into projects and participation in them.

2 Leverage Capital Czech, a.s. (LCC) – Corporate Profile


Mr. Viktor Bíla works in LCC as Chief Executive Officer. He has graduated from the Faculty of Economics, has more than 20 years of experience in banking industry, especially in the segment of corporate clients and SMEs, where he held various managerial positions. He worked in several banks, CSOB (KBC Group), VUB (Intesa SanPaolo), Oberbank and Raiffeisenbank, where he gained experience, particularly in financing of corporate clients. He is very experienced in the area of crediting, factoring and financing of projects. He also has experience in advising corporate clients in processing projects under subsidies from EU funds.

Mr. Petr Zeman works in LCC as Director for Strategy and Business Development. Using his legal background and many years of experiences in the financial sector, in management positions of several industrial and investment companies, with the transactions over the commodities to heavy industry, he is one of the key personnel for the successful financing solutions. Currently Member of Board of Leverage Capital International and other companies.

Key Personnel


Mr. Juraj Čiernik is working in LCC as Vice-President for Structured Finance. Juraj has Czech citizenship and forefathers from Latvia, Ukraine, Slovakia and Russia. He graduated from MGIMO in Moscow ('East Harvard'). Juraj speaks Russian, English, Arabic, Slovak and some German. He has extensive experience from diplomacy (worked as a diplomat at the Ministry of Foreign Affairs and in some Arab countries). Juraj has 17 years practice in banking industry, which gradually acquired at the Czech Export Bank (Czech Exim), Komerční banka (Société Générale) and LBBW (Banking made in Germany). He is an expert in export financing under OECD rules. He is married and has one son.

Mr. Manish Agarwal is working in LCC as Managing Director and Member of BoD. Manish has 15 years of experience in Investment Management and Financial Services Industry. He is a strategist and has promoted several sustainable businesses in India and believes in value creation through innovative ideas & building organizations with identified leaders. He is a Chartered Financial Analyst, MBA, and a Cost & Management Accountant by qualification.

Key Personnel


Mr. Corrado Corneo, Member of the Board of Leverage Capital International LLC, and Chairman of the Board of Leverage Capital Czech a.s. Italian national, studied international relations at the UNIMI faculty of Political, Economic and Social Sciences. He started his career already 30 years ago as simple mechanical assembly worker in the Bergomi Spa factory owned by the grandfather and afterwards covering different positions till the official entry in the management of the family holding company SAC Spa a couple of years later, contributing to the re-vamping of the company image till the final merging with a large Saudi Arabian industrial group in the middle nineties of the last century. He contributed to the development of large industrial projects in various countries and has spent most of his life and career in the Middle East. Since 2006 is based in Germany and is covering important management positions in multinational companies and is an active member in various associations. Mr. Corneo speaks fluently Italian, English, Spanish, with good knowledge of Arabic and some German.

Mr. Kempen E. Dettmann, German, graduated the „University of International Relations“ (MGIMO) Moscow, with the specialisation in international affairs, international law and international economic relations. MGIMO is Russia’s best known and most prestigious humanities University. 14 years experience in international affairs and international economic relations especially as director and publisher in the weekly “Horizont”, Berlin, Germany. 6 years experience as a deputy department-director in the international economic organization “Comecon”, the organization of 10 Eastern European countries and Mongolia, Vietnam and Cuba. 12 years experience in the international acting marketing company “Overseas Post Organization”, Nuremberg, Germany. Candidate-member of the European Parliament. Long-time business cooperation with East European Countries, CIS-states including Russia, SR Vietnam. Many years present in management of several industrial and investment companies as Member of Board or Supervisory Board Member.

Key Personnel


Mr. Konstantin Alexeev is a Head representative of Moscow department of LCC, graduated in Kharkov's Military High School of MVD SSSR and Kharkov's State University – Economy. He is experienced from oil and other commodities trading companies in TOP management positions (President of Petrocon Holding), Sibur-Petrocon (General manager), and others. He is well connected to Russian officials and Business environment, he has strong position on the market.

Mr. Abhinandan Jain is a Business Director of LCC, having 3 years of prior experience with us. He is a Post-graduated in Management from London Business School, Chartered Financial Analyst (CFA), FRM and CIMA in qualification. He has expertise in Investment Banking Services & Financial Services and independently handling many projects of Leverage Capital International LLC.

Russian Representation


BUSINESS SOURCES

AP, LCI, Oxley Group

Network of Accounting, Auditing and Law Firms

Strategic Alliances with PI’s and ECAs

Corporate Financial Advisors and Business Associates

STRATEGIC ALLIANCE PARTNERS

Funds

Financial Institutions

Credit Insurance Agencies

Insurance Companies

Industries consultants

Independent Engineers

STRONG NETWORK

LCC has strategic alliances with large fund, financial institutions, credit insurers, top corporations.

Access to the AP/LCI advisors, technical professionals and first league exporters and referenced contractors.

TEAM

LCC has a dedicated team of valuable and experienced individuals

Independent commercial assessments

Designing customized solutions

A professional execution team

VALUE ADDED

Value added of LCC


Advisory services Investment Banking Corporate Finance

3 Core Business of LCC


LCC is offering to its clients of quick and competitive-term funding and tailored solutions to their projects

Projects come mainly from foreign trade and corporate finance including export & project finance business opportunities worldwide

Innovator mainly in CIS and CEE regions

Support in Debt advisory and arranging of funding projects in other markets

Active in handling already existing intra-group projects and focusing on its own new business opportunities with the clients operating in regions covered under the whole group

Strong position in arranging business with domestic banks and insurers (e.g. EGAP, Euler Hermes, Atradius etc.)

Sophisticated solutions in Structured Finance and ECA‘s financing due to long-term expertise of key personnel, including combination of products

Core Business of LCC


Trade Finance Equity

Financing Mezzanine

Loans Export Finance Project Finance

Advisory Services

Investment Banking

Corporate Finance Services

Corporate Finance


Due to our strategic partnership with Islamic banking partners we offer two kinds of Trade Financing solutions:

Conventional Banking Solutions

Islamic Banking Solutions

• Documentary collection

• Back-to-back credit financing

• A/R purchesing

• Discounting of Invoices and Financial instruments

• Forfaiting & Factoring

• Leasing (Buy and Back Leasing)

• LMEs

• Murabaha

• Musharaka

• Istisna

• Sukkuk (islamic bonds)

• Dual Currency Financing Facility

Trade Finance

The prior forms of finance dealt with the debt portion of a project finance assuming that there is a needed equity portion of the finance (up to 30% as a standard). This section deals with bridge financing of the equity portion of the finance. In many cases investors/shareholders in projects can not or do not want to put a portion or all equity into the project at once.

Through a sophisticated structure using combination of various products this equity can be pre-financed until the project construction is complete and the project is in the operation phase. Through our extensive experience in arranging the financing of projects for our valuable clients, LCC can also provide solutions for the pre-financing of

equity.


Equity Financing

Mezzanine Loans is a hybrid of debt and equity financing that is typically used to finance the expansion of existing companies or to help them to provide necessary financial contribution into the project, e.g. 15% advance payments to suppliers under OECD rules. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies. Since mezzanine financing is usually provided to the borrower very quickly with little due diligence on the part of the lender and little or no collateral on the part of the borrower, this type of financing is highly priced with the lender. LCC has possibility to offer to its clients of this kind of financing as well.


Mezzanine Loans


Local Bank

Delivery

Exporter

Importer

15% Advance Payment

Credit

Repayment of Credit

Payments for performed deliveries and services

rendered

Loan/Guarantee Insurance Cover Policy

Export Contract

Credit

Repayment of Credit

Lender

Basic scheme of Export Finance Transaction with ECA cover

Export Finance


EXPORT BUYER‘S CREDIT WITH ECA COVER - THE STRONGEST PART OF THE SERVICE PORTFOLIO – DEBT.

Credits to foreign entities with repayment over 2 years Minimum 50% share of export contract value of national origin (when applicable) Financing a portion of local costs (most construction works) available for an amount in equivalent to 30% from export contract value Minimum 15% advance payment to the Contractor, possible interest capitalization 6-months grace period for repayment of principal Quarter or semi-annual equal installments in an amount of principal installments Repayment maturity up to 10 years (in most cases) Borrower: foreign entity - bank or corporation, or SPV Financial strength of the Borrower in correlation with the scope of extended credit Credit is repaid in “standard” manner (the best practice) Insurance premium is paid in advance (flat form the principal amount); can be financed in some cases

Export Finance


Export Credit Insurance You need to extend competitive credit terms to grow your international business, but what happens if you don’t get paid? Your foreign customers could go out of business or file bankruptcy, face currency devaluations or foreign exchange problems, run short on cash, take you for a ride, or fail to pay you for any number of other commercial or political reasons. You can protect your foreign receivables against virtually all non-payment risks with an export credit insurance policy. Export credit insurance is an effective sales tool that enables you to extend competitive payment terms with confidence. It can help you penetrate new markets, negotiate larger order quantities, establish or expand distribution, and increase the profitability of your export business. If you finance your receivables, the coverage will also make your foreign A/R more attractive to banks, factors, and other lenders so you can negotiate the most favorable advance rates and loan terms. Export credit insurance is available from specialized ECAs or Private Insurers. LCC is partnering with most of them (e.g. EGAP, Euler Hermes, Miller, Insurance One).

Export Finance


Owners/Sponsors

Suppliers of feedstocks

Independent advisors (SGS, LCC)

Lenders

Suppliers of technology and works/services

Special purpose vehicle (SPV)

Buyers of finish products/off-takers

Government - provides licenses,

concessions, permits required

Money flow Products, services

Note: the role of sponsors can play along with owner/investor also a contractor, a state or a buyer, depending on what is their interest in the project and what risks they take. Some roles may also coincide, e.g. investor and buyer.

Project Finance


LCC provides its clients with individual financial solutions which best suite their needs in turning an idea into a fully operational project. Project finance as a means of financing construction as well as the project‘s long term operational phase is an effective way to repay a loan based on the cash flow generated by the project itself. The cash flow is generated by the ability of the operator to secure long term off-take/sales contracts. This form of finance is most commonly used for Special Purpose Vehicle / Companies "SPV/SPC"; creating a liability stop at the SPV/SPC. The financial strength of the project is of particular importance in this type of finance. In some cases project finance can be realized with ECA commercial and political risk insurance. As a project developer it is our job to put together the financing not only for the more risky shorter construction phase, but also for the more stable, longer operational phase. Some specific advantages of project finance loan structure are: • Limited liability to the shareholders/sponsors of SPV/SPC • Tailor made repayment schedules corresponding to cash flow generated • Relatively inexpensive financing costs

Project Finance


Sources for repayment come exclusively from goods and/or services of SPV (borrower) purchased by the market (domestic or foreign) Financially strong sponsor(s) – investor(s), their obligation to contribute to the SPV (project) own money as an equity in minimum amount equivalent to 30% from project value 2-years grace period for repayment of principal sum of the credit Without recourse to sponsors, but with securities from SPV (in most cases securities from sponsors required for at lest construction period of time) Maximum repayment period 18 years (for green energy projects) No single repayment of principal or series of principal payments within a six-month period shall exceed 25% of the principal sum of the credit First installment of principal sum of the credit not later than 24 month from the starting point of credit No less than 2% of the principal sum of the credit shall have been repaid 24 months after the starting point of credit Interest rates are paid in 12-months cycle at longest and first installment has to come after 6 months from the starting point of credit

Project Finance

Legal documentation Contract is a „KING“ – RISK SHARING EPC Contract incl. Czech and third countries suppliers (Czech - EPC Contractor) Construction contract Contract for supply of equipment (technology) Supply agreements for power resources (gas, water, electric energy, etc.) SUPPLY AGREEMENTS for raw materials OFF-TAKE agreements for production output-PURCHASE AGREEMENTS


Project Finance


STRATEGIC BUSINESS ADVISORY

LCC offers value to its clients by giving them one stop solution to their financing needs throughout advising them

customized business solutions under the sound terms of credits.

Client

Identifying commercial viability of projects using market research, industry standard and prevailing

pricing level

Elaboration of Bankable Feasibility Study and

determination of the qualified contractors plus suggesting of

best equipment

Design a workable memorandum, process flow, sales & marketing

approaches etc.

Advising on Funding to achieve the most

efficient and effective outcomes

Advisory services


Leverage Capital Czech, a.s. , as a member of LC International, assists its foreign clients in structuring competitive- and long-term financing and insurance coverage in association with major financing and insurance institutions (state and private). Company has consolidated experience and direct contacts to top management of many various worldwide operating banks, financial institutions, investment funds etc. to get the export and/or project financed in the shortest possible time. Due to our professional approach and project presentation to financial and insurance institutions we are directly involved in the individual financial structuring of each project. In a similar way we negotiate with Export Credit Agencies (ECA, e.g. Euler Hermes, EGAP) or with authorized Lloyds underwriters to get the best insurance cover as deemed appropriate by the banks or other financial institutions. Our services and products meet EU standards as well as international requirements (e.g. OECD rules for state supported export transactions). Apart from the technological and technical aspects of the services conveyed by our representatives, our clients benefit mainly from our ability to offer a sound financing of the projects.

4 Current Partnership and Clientele


Oxley Group is an innovative private investment company and multi family office specializing in real estate, agriculture/alternative energy, natural resources sectors and investments across the Asia-Pacific. Headquartered in Singapore and wide portfolio of own investments.

Oxley’s milestone investment in 2008 in Cambridge Industrial Trust (CIT). CIT is the first industrial real estate investment trust listed on the Singapore stock exchange on July 2006.

Market capitalization of US$590m and portfolio of 45 industrial properties (including 2 “build to suit” projects) valued at approx. US$1b.

Synergies with LCC in Strategic management buy-outs and buy-ins, Venture capital / Greenfield projects, Special investments, Infrastructure fund management and more. LCC can assist to Oxley Capital in their projects within CIS regions and Oxley Capital can offer funding in LCC projects in Europe, CIS, Asia and Pacific regions.

Synergies with OXLEY GROUP


Capital

Real Estate

Private Equity

Merchant Banking

Asset

Management

• Real Estate • Oxley Commodities

LCC is associated to Oxley as member of the Group

Strategic Partnership and Group


Financial Partners


Leverage Capital Czech, a.s. (LCC) offers to arrange financing of a wide range of industrial projects

belonging mainly, but not limited to the following sectors:

Coal and Mining technologies

Power / Energy

Petrochemical and Chemical plants

Construction / building materials

Air Transportation

Heavy Engineering

Infrastructure (Ports, Railways, Logistic Parks)

Alternative technologies

LCC wants to develop projects especially in regions and countries such as Russia, Kazakhstan,

Ukraine, Vietnam, the Balkans countries, MENA countries.

Target sectors and countries


LCC is well connected to leading engineering and technological companies who provide complex project

designs at high technical levels to meet specific needs of clients and cover all project stages, from

preliminary technical assessment to commissioning.

Engineering & Technological Partners include:

Danieli (www.danieli.com)

SMS Group (www.sms-group.com)

Ross Holding a.s. (www.ross.cz)

Skoda Praha Invest s.r.o. / Skoda Praha a.s. (www.spinvest.cz)

Subterra a.s. (www.subterra.cz) / Metrostav a.s. (www.metrostav.cz)

OHL ZS, a.s. (www.ohlzs.cz)

VUCHZ, a.s. (www.vuchz.cz)

UNIS,a.s. (www.unis.cz)

BPO (Banske Projekty Ostrava)(www.bpo.cz)

FITE (www.fite.cz)

T Machinery (www.tmachinery.cz)

References


Construction and

realization of project

Flow of Payments

Pa

ym

en

ts fo

r

de

live

rie

s a

nd

se

rvic

es

Loan

repayment Loan

Political & Comm.

Risks Insurance

Undertaking/Pledge of

shares of SPV company

Payments for Deliveries

&

Construction

Equity or equity

Loan

SPV

Company

Equity and/or 15% Advance

Financing

Shareholders/sponsors

Pledge of SPV shares

Suppliers

local/others

Czech Exporter/ EPC Contractor

Deliveries

And services

Financial Scheme of Project Finance/Structured Finance - Direct Exposure

Typical transactions


НОВАТОРРУС-ИНВЕСТ ТОПЛИВНАЯ КОМПАНИЯ

Our Clientele – Nearly 40 clients


No representation or warranty is made or should be implied as to the accuracy or completeness of the material contained on this, and to the extent permitted by law, Leverage Capital Czech, a.s. and its related entities disclaim any responsibility or liability for any loss or damage, however arising, which results from any reliance in whole or in part on such material. The information contained within this is updated on a regular basis, however you should do your own research and make your own enquires for current and accurate information.

Disclaimer


Prague Office: Leverage Capital Czech a.s. V Celnici 1040/5 CZ - 110 00 Prague, Czech Republic Tel. + 420 226 202 401 Fax. + 420 226 202 402 www.leveragecapital.cz Member of Leverage Capital International associated with Oxley Capital www.oxleycapital.com Viktor Bila +420 734 247 126 [email protected] Juraj Ciernik +420 730 150 558 [email protected]

Moscow Representative: Мr. Konstantin Alexeev Mobile: +7 964 648 54 66 Email: [email protected] Berlin Office: Aeneas Power AG Voss-Str. 20 D - 10117 Berlin Tel.: +49 30 206 415 0 - 0 Fax: +49 30 206 415 0 - 29 Email: [email protected] Website: www.aeneaspower.com

Kolkata Office: EC-34, Salt Lake City, Sector 1, Kolkata 700064 Near City Centre Tel:- +91-33-23210165/ 23340173 Fax- +91-33-23210165 http://www.leveragecp.com

5 Contact Details

http://www.leveragecapital.cz/

http://www.oxleycapital.com/

mailto:[email protected]



http://www.aeneaspower.com/

http://www.leveragecp.com/


We do not need to be the first but we want to be the best…

leverage capital czech overview and presentation capital czech - profile... · 2018-11-16 ·...

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