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Taylor De Jongh Qualifications Mar 2010
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Investment Banking Capabilities
Transcript of Taylor De Jongh Qualifications Mar 2010
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Investment Banking Capabilities
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Taylor-DeJongh Overview
♦ One of the top independent financial advisors and energy M&A firms in the world.
♦ TDJ ranked as #1 project finance advisor globally for energy, oil & gas for5 of the last 7 years.
♦ 29+ years of successful transactions in more than 100 countries.♦ Aggregate value of financings over US$70 billion.♦ Offices in Washington, D.C., London, Paris and Bahrain.
Locations of Taylor-DeJongh’s recent and current mandates.
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Industry Focus
Energy Expertise
♦ Oil & Gas
♦ LNG
♦ Unconventional Oil & Gas
♦ Petrochemicals
♦ Conventional & Renewable Power
♦ Pipelines
♦ Refineries
Infrastructure & Industrial Expertise♦ Industrial, Metals & Mining♦ Transportation and Logistics♦ Water and Wastewater♦ Telecommunications
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Our Capabilities
Project Development • Viability & risk analysis• Modeling• Commercial terms
Financial Structuring• Capital strategy• Credit support• Sources of finance
Execution• Commercial
negotiations• Financial terms• Closing
Project Finance Sell Side
• Divestiture strategy• Marketing plan• Information
memoranda• Negotiations• Closing
Buy Side • M&A strategy• Due diligence• Valuation• Negotiations• Closing
M&A Identification of
Investors
Preparation of Term Sheet and Offering Memoranda
Management of Road Show
Negotiations
Closing
Capital Placements
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The TDJ Difference (1/2)
♦ Early Involvement TDJ applies its expertise from the earliest stages of a project’s development, ensuring that investments are well structured from the beginning.
♦ Senior-Level Advice
Senior-level management support is provided on all transactions, combining innovative approaches with seasoned market experience.
♦ Highly-tailored, Comprehensive Solutions
TDJ provides strategic, development and financial advice: From the very beginning, we are planning the financial close;
Structured advice to maximize the negotiating leverage of the client;
Making the deal “bankable” under prevailing market conditions.
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The TDJ Difference (2/2)
♦ 360° View of Transaction Issues
We have advised developers, lenders, governments and contractors on energy and infrastructure investment projects. The firm understands risks from all viewpoints. This expertise helps: expedite the negotiating process avoid costly delays late in the development process.
♦ Specialization in Complex, Challenging Environments and Investments
TDJ specializes in complex transactions, including: first-of-a kind developments in host countries; applications of new or disruptive technologies; and investment projects in highly challenging political and economic
environments.
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Project Finance
♦ TDJ is experienced with all sources of finance, including ECAs, multilaterals and banks.
♦ TDJ has worked with the world’s leading financing institutions and has strong relationships with the following banks and ECAs:
Arab Bank Arab Banking Corp Al Rajhi Banking &
Investment Corp Banco Espirito Santo
Group Bank of America Bank of Tokyo-Mitsubishi
Ltd Barclays Bank BBVA BNDES BNP Paribas Calyon Citigroup
Credit Agricole Group Credit Suisse Group Deutsche Bank AG Dexia Dresdner Bank DnB NOR Fortis Group Goldman Sachs Gulf International Bank HBOS HSH Nordbank HSBC ICICI ING Groep NV JP Morgan Chase
Marubeni Corp Merrill Lynch
International Bank Mitsui & Co Ltd Mizuho Financial Group Morgan Stanley NATIXIS SA RBS Royal Bank of Canada Santander Société Générale Standard Chartered Sumitomo Mitsui
Banking Corp WestLB
Banks CESCE COFACE DEG ECGD EDC EFIC ERG FMO Hermes JBIC KEXIM KfW NCM NEXI
ECAs OeKB OND OPIC SACE USEXIM
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Private Placements: Equity
♦ Institutional investors, GCC-based♦ Institutional investors, EU and USA
♦ Family offices, GCC-based♦ Industry strategic investors
♦ Oil & gas upstream♦ Unconventional hydrocarbons♦ Midstream: gas processing &
refineries♦ LNG♦ Petrochemicals♦ Production facilities, FPSOs♦ Pipelines
♦ Drilling♦ Oilfield services♦ Alternative energy♦ Power generation♦ Natural resources production &
processing♦ Transport & logistics
Sectors
Investors
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Industry Rankings 2009
* Tied, number of mandates.Project Finance International 2009 League Tables.
Infrastructure Journal 2009 League Tables, as of January 2010.
Mandates Won(Regions, by PFI)
Closed Deals(by PFI)
Mandates Won(Sectors, by IJ)
#4 in Americas
#6 Globally
Americas #3EMEA #7Asia Pacific #8
Renewables #2*Power – all #9*Metals & Mining #2* Water & Wastewater #1* Transport #9*
2009 Closed Deals and Mandates
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Track Record Highlights
♦ Advisor on 12 Deals of the Year since 1999.
♦ Top 10 Global Financial Advisor since 1996 by PFI journal.
♦ Top 7 Global Financial Advisor for 9 out of the past 10 years by Infrastructure Journal.
TDJ Projects 1994 - 2009
♦ Power♦ Oil & Gas♦ Petrochemicals♦ Industrial, Mining & Metals♦ Water ♦ Transportation♦ Telecommunications
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Best
Project Finance House
Financial Advisor Africa 2007
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Oil & Gas Expertise
♦ TDJ is a leading advisor in oil & gas financings, with over 100 projectsspanning the full value chain.
♦ TDJ advises sponsors, lenders, contractors, and governments in structuring projects from the earliest stages of development.
♦ TDJ has worked on more than: 20 LNG Projects 30 Petrochemical Projects 15 Refineries 30 Oil & Gas Pipelines
TDJ has been the
#1 Oil & GasFinancial Advisor
for 5 out of the last 10 yearsand has ranked among the
Top 4 Oil & GasFinancial Advisors
for 9 out of the last 10 years.
Infrastructure Journal
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LNG Experience
♦ TDJ advised on 22 trains of LNG production in Atlantic and Pacific basins.
Oil & Gas — LNG Experience
Angola LNG Angola
FA for Project Company US$1.5 bn
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Qatargas IILNG Qatar
FA to LendersUS$5 bn
Atlantic LNG Train 1
Trinidad
FA to Sponsor US$1 bn
Sonatrach, Skikda
Trains 4,5,6 Algeria
FA and Debt Arranger
US$250 mm
Jamaica LNG
Jamaica
FA to Sponsor
Confidential
Tambeyneftegaz
Russia
FA to SponsorConfidential
LNG Receiving Terminal
USA
FA to Sponsor US$500 mm
Equatorial Guinea LNG
FA to SponsorsUS$1.7 bn
Alaska LNG and Pipeline
USA
FA to State US$12 bn
RasGas LNG Train 3
Qatar
FA to Sponsors US$1.4 bn
Qatargas Upstream LNG Qatar
FA to Lenders
US$600 mm
West Coast LNG Receiving
Terminal USA
FA to Sponsor TBD
North American LNG Market
StudyUSA
FA to Sponsor Confidential
Liquid Niugini Gas
Papua New Guinea
FA to SponsorsUS$5 bn
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Oil & Gas — Petrochemicals Experience
♦ Taylor-DeJongh has advised on 30 petrochemical projects in 17 countries since 1994.
Countries where TDJ’s Petrochemical projects are located
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Oil & Gas — Refineries Experience
♦ Taylor-DeJongh has advised on some of the most prestigious and recognized refining projects worldwide.
♦ The firm has advised on 17 refineries in 16 countries.
Countries where TDJ’s Refinery projects are located
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Oil & Gas — Pipeline Experience
♦ TDJ has advised on or structured 31 pipelines for a total length of 26,410 km.♦ The firm has worked with most major international and national oil companies. ♦ TDJ represented all 7 ECAs in the complex cross-border BTC pipeline.
Countries where TDJ’s Pipeline projects are located
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Power Sector Experience — Conventional & Alternative
♦ World leader in providing strategic and financial advisory services at all stages to clients in the power sector.
♦ Among all power projects TDJ has advised on, seven were the first independent power projects in the host countries.
TDJ has advised on a variety of power projects, including:
Geothermal Hydro Solar Wind Fuel Cells Nuclear
Co-generation Gas-fired Coal-fired Oil-fired Diesel-fired
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Power Experience — Global Reach
♦ TDJ has advised project sponsors, developers and financiers on over 235 power projects in 63 countries since 1994.
Countries where TDJ’s Power projects are located
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Renewable & Alternative Energy Experience
Representative Renewable & Alternative Energy Assignments
♦ Taylor-DeJongh has expertise across a broad spectrum of alternative technologies and renewable energy projects.
♦ The firm has advised on over 30 projects, including solar, fuel cells, geothermal and hydropower.
Kalangala Solar-Diesel Plant
Uganda
FA to Sponsor
US$42 mm
Peru Ethanol Project
Peru
FA to Sponsor
US$175 mm
UK-Listed Renewable Company
UK
FA to Acquirer
US$50 mm
Kamchatka Geothermal
Russia
FA to Government
US$140 mm
La Vueltosa Hydropower
Venezuela
FA to Sponsor
US$400 mm
Alternative Energy Technology
Project
United States
FA to Lender
US$300 mm
Lurio Hydropower Project
Mozambique
FA to Sponsor
US$350 mm
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Transportation Experience
Representative Transportation Assignments
♦ Taylor-DeJongh possesses expertise in all forms of transportation.♦ The firm has advised on 30 projects, including roads, bridges, ports,
airports, and shipping.
Aqaba Port Redevelopment
& New Port Facilities
DevelopmentJordan
FA to Port Authority
US$700 mm
LNG Tanker Fleet Plan -Qatargas II
LNG
FA to Lenders
FastShip Inc.
USA
FA to SponsorUS$1.8 bn
Florida I-595 Corridor
USA
FA to TIFIA
US$1.5 bn
Pocahontas Parkway
USA
FA to TIFIA
US$792 mm
LNG Tanker Fleet
Composition for Equatorial Guinea LNG
FA to Sponsors
Air Cargo TerminalJordan
FA to Developer
US$60 mm
Seven AirportsPoland
FA to Airport Authority
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Water and Wastewater Experience
♦ Taylor-DeJongh has advised on over 25 water and wastewater projects in 19 countries worldwide.
♦ The firm has expertise in water distribution, desalination, and independent water and power (IWPP) projects.
Representative Water and Wastewater Assignments
Emcali Water
Colombia
FA to Government
US$720 mm
Nam Water Namibia
FA to GovernmentUS$40 mm
Muscat Concession
Oman
FA to BiddersUS$800 mm
Chiang Mai Municipal Water &
Khong Thai Industrial
Wastewater
Thailand
Confidential
Desalcott
Trinidad & Tobago
FA to SponsorUS$130mm
Seafield & Almond Valley
United Kingdom
FA to SponsorsUS$195mm
Suez Water
Egypt
FA to Government
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Telecommunications Experience
Representative Telecommunications Assignments
♦ Taylor-DeJongh has been the financial advisor on over 20 telecommunications projects in 13 countries.
♦ The firm has worked on various types of projects, including subsea cable, mobile telephony, privatization and concessions.
Emcali Telecoms
Colombia
FA to GovernmentUS$720 mm
Avantel
Colombia
FA to SponsorUS$62.5 mm
SIVAM
Brazil
FA to SponsorUS$1.4 bn
Avantel II
Colombia
FA to SponsorUS$30 mm
Cellular Telecom
India
FA to SponsorsUS$500 mm
VipNet
Croatia
FA to LenderUS$100 mm
Subsea Cable Project
Africa / Spain / India
FA to SponsorConfidential
5-5-5-5-
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Metals and Mining Experience
♦ TDJ has advised on over 30 metals, mining and industrial projects in 14 countries.
Representative Metals, Mining and Industrial Assignments
Aluminium Bahrain Line 5
Expansion
Bahrain
FA to SponsorUS$1.7 bn
Batu Hijau
Indonesia
FA to LenderUS$1 bn
Belldune Iron Ore
Canada
FA to SponsorsUS$300 mm
Iron Ore Smelter
South Africa
FA to SponsorsUS$800 mm
Congo Copper
Congo
FA to Sponsor US$1 bn
ISCOR
South Africa
FA to Bidder US$120 mm
SAISCO Steel Mill
South Africa
FA to EPC US$150 mm
Spinifex Ridge
Australia
FA to Sponsor US$450mm
San Bartolome Mine
Bolivia
FA to SponsorUS$70 mm
Guinea Aluminum
Guinea
FA to Govt. US$900 mm
Coal Washery
India
FA to Sponsor US$100mm
Aluminium Smelter
Kuwait
FA to Sponsor US$1.2 bn
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Management Overview
Over 30 years of infrastructure financing experience
Over $30 billion of energy deals More than 300 deals closed in
50 countries Senior Advisor to U.S. Ex-Im
Bank
PG International Finance, University of Houston
JD Honors, George Washington University
BSc Chemical Engineering, Purdue University
Washington, DC
Terry Newendorp
Chairman & CEO
Over 40 years of experience in legal and financial aspects of major projects worldwide
Former Vice-Chairman, Deutsche Morgan Grenfell
Member of the Board, Banque Marocaine du Commerce Extérieur (BMCE) and Senior Advisor to the Chairman
Master of International Affairs, Columbia University
MA (Law) Oxford UniversityCertificate AMP – Corporate
Finance, Harvard Business School
London
David Suratgar
Chairman, Advisory Board
Over 20 years in international business
Has raised more than $3 billion during his career
Specialist in M&A, project finance and investments with focus on oil & gas, power, renewable energy, and infrastructure
Extensive experience in emerging markets
Ecole Supérieure de Commerce, ROUEN , France
Economy and Finance Faculty –Dauphine Paris IX
Washington, DC
Laurent Lavigne du Cadet
Deputy CEO
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Management Overview
18 years project and corporate finance experience, advisory, equity raising and M&A
Extensive experience in petrochemicals, oil & gas and infrastructure sectors
Advisor for over 15 years to the British Offset Office on the Al Yamamah Economic Offset Program, Saudi Arabia
BA (Hons), Economics & Economic History, University of Warwick
Associate Chartered Accountant
Bahrain
Timothy Holder
Director
16 years experience in making direct equity investments, lending and investment banking in the energy and infrastructure sector
Extensive experience in emerging markets
Led large, multi-disciplined teams in successfully originating, managing and closing transactions totaling over $4 billion in value
MBA Finance Concentration, Vanderbilt University
BA Economics and Finance, Albion College
Washington, DC
John Sachs
Director
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Management Overview
14 years of experience in international project finance and investment banking
Extensive experience in financing infrastructure, power and oil & gas sectors
Experience with limited recourse project finance, privatization, valuation and financial modeling
Extensive deal experience in emerging markets
MSc in Economics and Finance, University of Warwick
BSc in Economics, London School of Economics
London
Afonso Reis e Sousa
Director
Specialist in project financing (both debt and equity financing), investment opportunity evaluation, and deal negotiation and execution.
Extensive experience with mergers and acquisitions, valuation, private placement, and financial modeling.
MA Sustainable Development Management, HEC School of Management
MA Finance, Paris X University MA Economics, Paris X University
Paris
Louis Blanchard
Associate Director
26Intellectual Property of TDJ, © March 2010
1101 17th St, NW Suite 1220
Washington, DC 20036
United States of America
T +1 202 775 0899F +1 202 775 1668
Washington DC
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SW1P 3HL
UnitedKingdom
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Office 2207/2209Almoayyed Tower
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Manama
Bahrain
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Bahrain
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